After a difficult second quarter, the Portuguese online gaming market recovered in the third quarter, thanks in part to the popularity of football and slot machines. The figures of the Portuguese regulator Sports Betting - Serviço Regulacao and Inspecao de Jogos do Turismo de Portugal (SRIJ) - show that the period from July to September achieved a turnover of €29.3 million. Sports betting and football in mind In June, we were talking about the state of the Portuguese market and Sports Betting its very high tax rate.

The second quarter was down from the previous period but the third quarter managed to reverse the trend with 15.6% growth. Sports betting is the most important vertical and football is naturally the driving force of this sector. €16.3 million was generated via online sports betting, with a share of 78% of all bets for football. Other popular sports, Sports Betting such as tennis or basketball, follow from a distance. Note that the month of September alone generated 7.1 million, not far from the 7.