iGaming Declines as Lockdown Eases in Italy

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After reporting its lowest figures since February in July, the online casino segment saw revenue grow marginally in August. The revenue increases by 2.0% to €94.8m. However, this still represented a 41.4% year-on-year increase.

PokerStars remained the market leader, though its share declined from 13.0% in July to 12.4%. This set it some way ahead of second-placed Sisal, on 8.2%, and Lottomatica, which grew its share to 7.8%.

The poker vertical also recorded marginal growth in cash game revenue (to €6.2m) and tournament rake and fees (to €5.0m), though has now fallen far below the highs recorded in April, at the height of lockdown.

The biggest month-on-month decline was seen in the sports betting vertical, for which revenue was down 27.2%. Across the online and retail channels, Snaitech led the way, accounting for 16.5% of all revenue.

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