Spain’s betting and gambling operators claimed a less significant share of the nation’s e-commerce activities in the 2nd quarter of last year. This casts more doubts on the rationale of the government to impose stricter marketing limits.
The Comisión Nacional de los Mercados y la Competencia (CNMC) of Spain released figures this past week e-commerce turnover of Spain was about €12 billion in the 3 months that ended on the 30th of June, 2020. This is about 0.2 percent from the second quarter of 2019 but €223 million less than the first quarter of the figures in 2020.
Betting and gambling accounted for 3.7 percent of all E-com transactions in the second quarter, ranking 6th among business segments. Gambling’s score didn’t change from the same time last year, but it fell from 4.1 percent in the first quarter in 2020.
When it comes to the number of distinct transactions, betting and gambling ranked 5th with 5 percent in the second quarter of 2020. This is a fall from 2nd place and 5.9 percent in the second quarter of 2019. The transaction count fell even further all the way from the second quarter in the first quarter of 2020. This was when betting outperformed all other industries with 6.4 percent of all online transactions.
As critics pointed out, online betting’s e-com share did fall partly because of increases in other sectors. This includes TV subscriptions and clothing sales, a charge which is likely very true.
Nonetheless, Spain’s government defended its draconian rules on the idea that online bettors were becoming uncontrollable while the pandemic and lockdown raged on. This a dubious claim which doesn’t hold water.
The second quarter of Spain’s online betting revenue enjoyed a massive year-on-year increase but decreased sequentially by 4.2 percent. The primary reason was because of the corona virus pandemic which stopped most sporting events during that time.
Online poker and casino did show a substantial year-on-year increase in the second quarter, but both of these figures posted consecutive falls in the third quarter after the sport’s return.
When it comes to sports, the new head of DGOJ (Dirección General de Ordenación del Juego) in Spain discloses that the government will turn away some tax raised from race betting and online sports to racing bodies and local sports as part of updating the gaming law of 2011.
Mikel Arana communicated local media that this new change will be protected in the latest Royal Decree on betting that is likely to be finished sometime in H2. On the other hand, Arana made it clear that these tax cuts will not go to the top sports divisions, but to “lower categories that do not have major sponsorships.”