The playing trade in Spain continues to search out new floor in its battle to recuperate financially from COVID-19. It’s on the correct path, with Andalusia reporting gaming income virtually on the degree it was earlier than the pandemic.
The flags of Andalusia, Spain and the European Union fly within the picture above. Andalusia’s gaming trade is on the rebound, with casinos and different gaming sectors virtually returning to pre-COVID-19 ranges. (Picture: Shutterstock)
The Andalusian authorities has printed its annual report, “Statistics of Non-public Playing in Andalusia.” It addresses all elements of the playing market within the area and contains info on the face-to-face playing market associated to casinos, bingo, and leisure and playing machines.
The house of flamenco dancing and award-winning seashores is on the street to restoration, not too long ago dropping just about all COVID-19-induced well being restrictions. The 12 months 2021 delivered a degree of gaming that was round 48% of the overall quantity of gaming exercise from the 12 months prior.
In a greater comparability, the overall quantity in Andalusia final 12 months represents 85% of that which occurred in 2019, previous to the pandemic.
Playing Returns to Spain
The info for 2021 locations the on line casino subsector virtually in parameters much like the amount that occurred six years in the past. In comparison with 2020, the overall quantity skilled a rise of 46% in comparison with 2019. It represented 83.1% of the amount of playing produced within the 12 months previous to the declaration of the state of alarm.
For conventional bingo, the information for 2021 confirms a residual interplay within the bingo halls of Andalusia. In 2021, much less was performed than in 2020, considering the restrictions. In the meantime, digital bingo stays in the identical ascending line. The 2021 fiscal 12 months meant a rise within the quantity of playing for on-line bingo of 24.5% in comparison with a 12 months earlier.
There was higher motion within the gaming machine section. As for the variety of items of put in leisure machines, the restoration of 2021 locations the subsector on the similar degree because it was in 2017. In 2021, there was a restoration of 52.5%, in comparison with the efficiency throughout COVID-19’s domination.
In-person sports activities betting confirmed a rise of 8.6% in comparison with 2019. Nevertheless, in 2021, there was a lower within the variety of dwell terminals in playing institutions, because the section misplaced 1.4%. This means stagnation within the present measurement of the market.
Spain Playing Stays Sturdy
New guidelines on sports activities betting promoting, in addition to different current modifications, may proceed to hinder the restoration of Spain’s total gaming trade. Nevertheless, total, the figures present that the measures aren’t inflicting drastic reductions.
On November 3, 2020, Royal Decree 958/2020 was introduced. This decree contained new restrictions that Spain placed on the web gaming sector. These restrictions got here into impact in August 2021. Consequently, the sector had round one 12 months to drastically change its advertising and marketing technique.
The brand new guidelines sought to scale back promoting within the gaming sector (both on-line or bodily) in several media. This contains tv and radio, in addition to different platforms, reminiscent of YouTube. There are totally different restrictions, reminiscent of not with the ability to use widespread celebrities in promoting.
Probably the most necessary modifications is that promoting can solely seem from 1 to five within the morning. Casinos additionally can not seem as sponsors on the jerseys of sports activities groups or inside their stadiums.
The final quarter of 2021 was the primary full interval following the implementation of the brand new legal guidelines. Nevertheless, the on line casino sector is the one which has been least affected by the brand new restrictions. It had a progress of twenty-two.64% final 12 months.
Within the fourth quarter, there was a slight year-on-year enchancment of 0.48%. The gaming machine section additionally had annual progress and registered a rise of seven.5%.
Spain is rising from COVID-19 and playing is starting to see extra exercise. Consequently, it is going to quickly be simpler to know absolutely the extent of change the brand new legal guidelines have on the trade.
