Portugal Reports Strong iGaming Revenue Growth in Q3 2025

Portugal.– 14 January 2026 – www.zonadeazar.com Regulated online gambling revenue in Portugal continued its growth trajectory in the third quarter of 2025, reaching €297.1 million in gross gaming revenue (GGR). This outcome reflects year-on-year expansion and ongoing market maturation under Portugal’s regulatory framework.

Overview & context
Portugal’s Serviço de Regulação e Inspeção de Jogos (SRIJ) recorded an 11.6% year-on-year increase in online gambling GGR for Q3 2025, underlining sustained momentum in both online casino and sports betting verticals.

Category breakdown
• Online casino games contributed €197.4 million, up circa 12.7% year-on-year, underscoring continued consumer preference for casino-style offerings.
• Fixed-odds sports betting generated €99.7 million, with growth of about 9.4% year-on-year, illustrating enduring engagement among bettors.

Market dynamics
Portugal’s total number of registered online gambling accounts climbed towards 5 million, indicating ongoing interest and participation in the regulated ecosystem. At the same time, active bettors (those placing bets) showed slightly softer engagement, hinting at evolving consumer behaviour.

Responsible gaming & compliance
Significant increases in self-exclusion accounts – exceeding 340 000 – point to heightened uptake of protective tools designed for vulnerable players. Regulatory enforcement actions against unlicensed websites further reinforce the integrity of Portugal’s licensed market.

Subthemes & insights
• Regulatory strength – Growth demonstrates how consistent oversight supports economic resilience.
• Casino vs. sports betting – Diversified revenue streams balance market contributions.
• Player protection – Responsible gaming indicators show an engaged and conscientious player base.

Forward outlook
Portugal’s iGaming sector continues to refine its regulatory and commercial model, offering a compelling example for European peers on how to balance growth with safety and compliance. The upcoming quarter results — especially around major sporting events — will further reveal how the market adapts to competitive and consumer behaviour shifts.

🔗 Edited by: @_fonta www.zonadeazar.com