Spain’s regulated gaming market has demonstrated robust growth in the second quarter of 2025, with Gross Gaming Revenue (GGR) reaching €410.3 million, an 18.6% increase compared to the same period last year.
The figures, released by the Spanish gaming regulator Dirección General de Ordenación del Juego (DGOJ), show positive year-on-year trends across most key metrics.
Player activity saw a significant uptick, with total deposits climbing 23.7% year-on-year to €1.35 billion. Withdrawals also grew at a similar rate, up 28.9% to €962.9 million.
The growth was supported by a substantial 37.1% increase in marketing spend from operators, which totaled €164.5 million for the quarter. This investment helped drive an 11.7% increase in new player accounts, with 504,853 new registrations.
The casino vertical was the largest contributor to the market, accounting for 52.7% of the total GGR with €216.4 million. This represented a strong 26% year-on-year growth, largely fueled by a 33.6% surge in revenue from online slots.
Sports betting was the second-largest segment, making up 41.8% of the GGR with €171.4 million, up 2.7% from the previous year. Poker contributed 4.7% of the GGR with €19.1 million, while bingo made up the remaining 0.8% with €3.4 million.
While the year-on-year figures were strong, quarter-on-quarter growth was more mixed. GGR was up a modest 2.8% from Q1 2025, but key metrics like deposits, marketing spend, and new accounts all saw slight declines compared to the previous quarter.
The monthly average of active gaming accounts stood at 1.7 million, a 21% increase year-on-year but a 2.4% decrease from Q1.
The results indicate a healthy and maturing regulated market, with operators in Spain continuing to invest heavily in customer acquisition in a competitive landscape that currently features 77 licensed operators.
