Italy hit record highs for third consecutive month in gaming revenues

Content Team 3 years ago
Italy hit record highs for third consecutive month in gaming revenues

Online verticals dominated GGR charts due to lockdown measures in place

January saw the Italian online casino market generating the sum of €162.85m. According to Figures from Agenzia delle dogane e dei Monopoli, processed by Ficom Leisure, online casino and slot operators generated €162.85m ($193m) in revenues. Casino and slot contributed 48.47% of revenue, whilst sports betting weighed in with 42.76%.

Italy gamingWhen compared to the month of December revenues climbed 6%.

These revenues also saw a sizable 99% increase on the same period in 2019.

Rome and Milan saw demonstrators staging protests in bid to reopen casino and entertainment venues after almost a year of on and off lockdown. Retails betting shops also witnessed closure against COVID-19 countermeasures. Although these venues were closed online sports betting generated €143.6m for the month of January, the second-highest monthly total yet.

The market’s overall GGR stood €335.9m a YOY increase of close to 57%. This remains the record for online gambling as a whole.

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