The turnover of the gaming market is growing at a rate of 35% compared to last year. The total turnover (Total Gaming Revenue: TGR) amounted to 3.126 billion against 2.3 billion euros in the corresponding month of 2022.

In individual numbers, online gambling turnover (TGR) was 2.336 billion compared to 1.717 billion. Casino turnover increased to 165.9 million from 101.4 million last year in January. The figures for January released by the GCC (GCC) reflect the pace at which 2023 has begun. Although this year’s January figures are not completely comparable to last year’s, as restrictive measures were still in place for the period early 2022 due to the pandemic, EEEP characterizes this deviation as “not significant” because, as explained, “the baseline totals for 2022 are very close to those for 2019.

Turnover or TGR is the total amount of bets placed by players. Subtracting the player’s winnings from this yields the gross game revenue (GGR), also referred to as the game’s revenue. It is a key metric used by companies in the gambling and betting industry. This gross gaming income is equal to “sales” and not “profit” or “profit”.

Compared to January 2022, the rate increase reaches 35%.

So, in January, 3.126 billion bets (TGR) were received, and after deducting player profits, gross gaming services revenue (GGR) was 235.867 million from 200.5 million in the corresponding month of 2022.

This is an increase of approximately 18%. However, the total turnover of online companies increased by 36% and their gross income by 14%. If some of this momentum continues in the coming months, then this year’s figures will exceed those of 2022, when the total turnover (TGR) of gambling, according to the Commission for the Supervision and Control of Gambling, reached 29.2 billion euros, an amount corresponding to approximately 15% of GDP. As for state revenues last year, they amounted to 743.1 million euros.