Spain Gambling Market is Thriving and Set to Reach Valuation of US$ 39.82 Billion by 2033 | Astute Analytica

Spain gambling market is a dynamic blend of tradition and innovation, with online sectors surging and offline play holding firm. From Madrid’s betting hubs to Andalusia’s lottery fervor, demand reflects diverse demographics and regional nuances.

Chicago, April 01, 2025 (GLOBE NEWSWIRE) — According to Astute Analytica’s latest market analysis, the Spain gambling market was valued at US$ 9.05 billion in 2024 and is expected to reach US$ 39.82 billion by 2033, growing at a CAGR of 18.16% during the forecast period 2025–2033.

The Spain gambling market in 2025 is thriving, blending a rich cultural heritage with cutting-edge technological advancements. As of March 26, 2025, the industry continues to grow, with 2024’s record-breaking €1.45 billion in online gross gaming revenue (GGR) setting the stage for a projected €380-400 million in Q1 2025 alone—a 10-15% increase year-on-year. This market research article dives into the granular details of Spain’s gambling landscape, exploring key segments like online gambling, offline gambling, demographic trends, regional variations, and emerging influences.

Access Free Sample Pages: https://www.astuteanalytica.com/request-sample/spain-gambling-market

Technological adoption fuels this trajectory. Mobile gambling, already over 50% of online activity, benefits from 5G rollout and app enhancements, while biometric payment security boosts trust. Regulatory stability—unlike stricter European peers—supports growth, though the 2025 €25,000+ transaction reporting rule may temper high-stakes play. Marketing spend, up 30.4% to €526.3 million in 2024, reflects fierce competition among 77 operators, with bonuses (€261.5 million) luring new players. Wherein, some of the challenges include rising fines (€69 million in 2024) and potential youth-focused restrictions, yet Spain’s digital infrastructure and gambling affinity signal sustained expansion. By 2030, online platforms could claim over 50% of total gambling revenue, cementing Spain’s status as a European powerhouse.

Key Findings in Spain Gambling Market

Online Gambling: The Digital Surge

Spain’s online gambling market is a juggernaut in 2025, fueled by technological innovation and regulatory support since the 2011 Spanish Gambling Act. In 2024, online GGR hit €1.45 billion, with sports betting (€491.8 million, 39.8%) and casino games (€624.8 million, 50.5%) leading the charge. Early 2025 data suggests Q1 could reach €380-400 million, with sports betting alone projected at €70-75 million in live wagers (up 20%) and casino slots at €130 million (up 15%). Mobile devices dominate 70% of bets, reflecting a shift to on-the-go gaming. Deposits rose 19.6% to €4.58 billion in 2024, with Q1 2025 estimates at €1.2-1.3 billion. Marketing spend soared to €526.3 million (+30.4%), driving 459,543 new accounts in Q3 2024—a 42.4% jump. Keywords like “online gambling Spain” and “mobile betting trends” underscore this segment’s dominance.

Beyond the numbers, online gambling market’s appeal lies in its diversity and accessibility. Football drives sports betting (42% of GGR), with live betting surging during La Liga and Copa del Rey matches. Casino games, particularly slots (€472.2 million in 2024) and live roulette (€208.8 million), attract younger players (18-35) with immersive VR features doubling participation. Poker, though declining 5% to €100.1 million, holds steady with €20 million in Q1 2025 tournament play. Bingo grows 23.8% to €14.9 million, appealing to older females (45+), while contests crash to €7,057. Emerging trends like esports betting (200% growth) and cryptocurrency transactions (5% of bets) signal a future-ready market.

Offline Gambling: Tradition Holds Strong

Offline gambling remains a cultural cornerstone in Spain gambling market, rooted in lotteries and physical venues. In 2023, 81% of gamblers played only lotteries, a trend persisting into 2025 with organizations like ONCE and SELAE dominating. Annual lottery spend is €5-6 billion, with the 2025 “El Gordo” Christmas lottery poised to exceed €2 billion in ticket sales. Physical venues—casinos, bingo halls, and 3,200 betting shops—attract 3.8 million visitors yearly (11% of adults), with a slight uptick in 2025 post-COVID recovery. Average spend per visit ranges from €50-70, with slot machines (60% of revenue) and table games (30%) leading. For SEO, “Spain lottery market” and “offline gambling trends” tap into this enduring demand.

Regionally, offline gambling market thrives in urban hubs like Madrid and Barcelona (40% of betting shops) and lottery-heavy Andalusia (25% of sales). Scratch cards gain traction among 18-35-year-olds (50.5% of buyers), blending tradition with youth appeal. Participation remains high—97% of gamblers engage in-person per a 2023 Ministry study—despite online competition. Betting shops in lower-income areas like Vallecas, Madrid, have doubled since 2020, correlating with a 15% rise in gambling-related debt. This segment’s resilience, even amidst a 2020 drop to 3.8 million visitors from 6.5 million in 2019, underscores its cultural staying power.

Demographic Trends: Who’s Driving Demand?

Spain’s gambling market demographics in 2025 reveal distinct patterns across gender, age, and spending habits. Men lead online gambling (73% of players), focusing on sports betting and poker, while women (52% lotteries-only) anchor offline play, though female online casino participation rises 5%. The 18-25 age group, with 20.6% gambling prevalence, favors digital platforms (80% penetration), driving slots and esports betting. The 26-35 (23.7%) and 35-45 (23.2%) cohorts dominate online spend (€100 and €150-200 monthly, respectively), while 45+ players (60% offline) stick to lotteries and bingo (10% online). SEO terms like “Spain gambling demographics” and “youth gambling trends” capture this diversity.

Behaviorally, 70% of players spend <€50 monthly and <1 hour weekly, deemed “moderate,” but high rollers (5%) average €500+, concentrated in sports and casinos. The average sports bet size rose to €15-20, with 38.7% of Spaniards betting on sports in 2022—a trend likely higher in 2025. Adolescents show risky behavior, with 20.6% gambling despite legal barriers, often via illegal online sites. Problem gambling remains low (0.3-0.25%), but the average age of at-risk players drops to 21, with Q1 2025 self-exclusion registrations up 10%.

Regional Variations: A Geographic Breakdown

Spain’s gambling market demand varies sharply by region in 2025, reflecting economic and cultural divides. Madrid leads with 20% of online GGR (€290 million in 2024) and 500+ betting shops, hosting 1 million casino visitors annually. Catalonia follows with 18% (€261 million) and €1 billion in lottery sales, boosted by esports uptake. Andalusia, with 15% (€217 million) and €1.5 billion in lotteries, sees betting shops proliferate in low-income zones. In contrast, rural Extremadura and La Rioja (<5% GGR each) focus on lotteries with minimal online penetration (3-4%). SEO keywords like “Spain regional gambling” and “Madrid betting trends” target these disparities.

Economic factors amplify regional demand in the Spain gambling market, with lower-income areas spending €200 per capita vs. €100 nationally. Andalusia and Madrid’s betting shop density ties to a 15% debt increase since 2020, while Catalonia’s tech-savvy population drives online growth. Lottery sales peak in Andalusia (25%) and Catalonia (20%), tied to cultural events like “El Gordo.” Urban hubs like Barcelona and Madrid blend offline and online play, while rural regions lag digitally.

Emerging Influences: Regulation, Tech, and Risks

Regulatory and technological shifts shape Spain’s gambling market in 2025. The DGOJ’s Royal Decree 176/2023 enforces safer gambling tools by Q2, while a 2024 Supreme Court ruling eases advertising curbs, pushing marketing spend to €526.3 million (+30.4%). Bonuses (€261.5 million) fuel demand, alongside a 2.5% GDP growth boosting disposable income. Tech trends like mobile gaming (70% of bets), AI personalization, and VR casinos (10,000 monthly users, up 50%) accelerate growth, with esports betting doubling yearly and crypto platforms handling 5% of transactions. SEO terms like “Spain gambling regulations” and “VR gambling trends” highlight these drivers.

Social risks temper this optimism. Problem gambling, though low (0.3%), targets youth, with prevention funding doubling to €2.1 million in 2022. Betting shop saturation in poor areas and illegal online access for teens (20.6% prevalence) raise red flags. The metaverse and AI promise innovation, but black-market sites challenge regulation. With a projected €2.51 billion market by 2029, Spain balances growth and responsibility.

Customize this report to your needs: https://www.astuteanalytica.com/ask-for-customization/spain-gambling-market

Competitive Analysis: SELAE and Bet365 Control over 35% Market Share in Spain’s Gambling Market

Sociedad Estatal Loterías y Apuestas del Estado (SELAE) holds a commanding position in Spain’s gambling industry in 2024, rooted in its state-backed monopoly over traditional lotteries. With a gross gaming revenue contribution of €2.8 billion annually, SELAE dominates the offline segment, leveraging its cultural significance—particularly through iconic games like El Gordo, which saw €1.9 billion in ticket sales during the 2023 Christmas draw, a trend continuing into 2024. Its competitive edge lies in its exclusive rights to operate national lotteries, a privilege enshrined in Spanish law, ensuring a steady, untouchable revenue stream. SELAE’s physical network of over 10,500 points of sale, coupled with a growing online presence (15% of sales in 2024), taps into Spain’s cash-preferring demographic while adapting to digital trends. However, its focus remains narrow—lotteries and limited pool betting—leaving it less agile against the diverse offerings of private operators.

Bet365, by contrast, reigns supreme in Spain’s online gambling market, particularly in sports betting and casino games, with an estimated €400 million in revenue in 2024. Its dominance stems from a massive 11% year-on-year sports betting revenue increase, driven by football-crazed Spain, where La Liga and international matches fuel 70% of its wagers. Bet365’s technological prowess—offering live streaming, in-play betting, and seamless mobile app—caters to 3.8 million active online gambling accounts, a 26% market surge in 2024. Unlike SELAE, Bet365 diversifies across slots, poker, and casino games, bolstered by partnerships like its 2023 Pragmatic Play deal, expanding its Spanish portfolio. Regulatory compliance, including adherence to the DGOJ’s strict advertising rules, keeps it ahead of competitors, though its reliance on digital channels limits penetration among older, cash-based players. Together, SELAE’s traditional stronghold and Bet365’s digital innovation makes them Spain’s top gambling titans, each excelling in distinct arenas.

Spain Gambling Market Key Players:

• Bet365
• Evoke plc
• Casino Gran Madrid Torrelodones
• Casino Cirsa Valencia
• Codere Online
• SELAE
• Other Prominent Players

Key Segmentation:

By Type

• Sports
  • Fixed Odds Sports Betting
  • Pari-Mutuel Betting (Horse and Dog racing)
  • In-Play/Live Betting
  • Exchange Betting
  • Spread Betting
  • Others
• Casino
  • Blackjack
  • Baccarat
  • Teen Patti
  • Three Card Poker
  • Four card poker
  • Red Dog
  • Others
• Lottery Games
  • Scratch-offs
  • Bingo
  • Keno
• Electronic Gaming Machines
• Others

By Channel Type

• Offline
  • Casinos
  • Betting shops/halls
  • Arcades
  • Bookmakers
• Online
• Virtual Game

By Payment Method

• Credit and debit cards
• E-wallets
• Prepaid cards and Vouchers
• Bank Transfers
• Cryptocurrencies
• Others

By End User

• Gambling Enthusiast
• Dabblers
• Others

Looking for expert insights? Request an online presentation of the report from our analyst: https://www.astuteanalytica.com/speak-analyst/spain-gambling-market

About Astute Analytica

Astute Analytica is a global market research and advisory firm providing data-driven insights across industries such as technology, healthcare, chemicals, semiconductors, FMCG, and more. We publish multiple reports daily, equipping businesses with the intelligence they need to navigate market trends, emerging opportunities, competitive landscapes, and technological advancements.

With a team of experienced business analysts, economists, and industry experts, we deliver accurate, in-depth, and actionable research tailored to meet the strategic needs of our clients. At Astute Analytica, our clients come first, and we are committed to delivering cost-effective, high-value research solutions that drive success in an evolving marketplace.

Contact Us:
Astute Analytica
Phone: +1-888 429 6757 (US Toll Free); +91-0120- 4483891 (Rest of the World)
For Sales Enquiries: sales@astuteanalytica.com
Website: https://www.astuteanalytica.com/
Follow us on: LinkedIn | Twitter | YouTube

CONTACT: Contact Us:
Astute Analytica
Phone: +1-888 429 6757 (US Toll Free); +91-0120- 4483891 (Rest of the World)
For Sales Enquiries: sales@astuteanalytica.com
Website: https://www.astuteanalytica.com/