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iGaming Declines as Lockdown Eases in Italy
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.
