Italy’s online casino market continues to show strength this year, even as it slips. February’s gross gaming revenue dropped from its January level, but was still better than where it was a year ago. Traveling to and around Italy is easier than it was months ago. This could be part of the reason online gaming revenue dropped in February, with more people spending time outdoors (Image: In January, overall online gaming activity in Italy recorded gross gaming revenue (GGR) of €324.9 million (US$358.8 million). This was its highest level in eight months, and joined several record-breaking months seen in the past year.
Ficom Leisure has put together the figures for February, reporting a 22.3% drop from the previous month. The final tally was €147.7 million (US$163.03 million). While a decline from January, it was still better than February of last year. Italian Online Competition Increases
The online gaming race tightened significantly in February. Flutter Entertainment-owned PokerStars was the definitive leader in January, but only controlled 8.67% of the market last month. However, this was just slightly ahead of Sisal , which grabbed 8.57%. Coming in third was Playtech’s Snai at 8.54%.
Rounding out the top five were Lottomatica, with its 7.41%, and 888 at 6.84%. Others that made the top-10 list include Eurobet (6.34%), Goldbet (5.09%), and Betsson’s StarCasino (4.37%).
Poker interest continued to wane. It had already dropped in January, and tournament revenue fell 28.1% in February. It closed at €8.2 million (US$9.05 million) but followed a tough month. January’s total was the highest recorded in the past 12 months. However, this was also 12.8% lower than a year earlier.
Poker cash game action fell even more. Overall, the segment recorded €5.6 million (US$6.18 million), a month-over-month plummet of 25.3%. That was also a 16.5% drop from February of last year.
PokerStars ruled both the tournament and cash game segments. It only controlled a little less than half of the tournament segment, but this was 400% greater than Sisal, which ended in second place. In addition, PokerStars had control of 42.51% of the cash games, considerably outpacing Goldbet and its second-place […]
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