Portugal’s regulated market kept moving in Q2 2025. Operators reported EUR 287m in gross revenue, driven mainly by online casino. Our read of the regulator’s SRIJ (Serviço de Regulação e Inspeção de Jogos) latest quarterly shows the Portugal online gambling mix skewing casino over sports – see more details:

  • Gross revenue hit EUR 287.0m, up 9.6% year-on-year and broadly flat quarter-on-quarter. Casino (jogos de fortuna ou azar) delivered EUR 177.8m, or 62% of the total. Sports betting contributed EUR 109.2m, or 38%.

  • Sports betting stakes totaled EUR 457.3m, down 1.1% year-on-year and down 8.9% from Q1. Football dominated with 67.7% of betting handle, followed by tennis at 21.8% and basketball at 6.5%. The FIFA Club World Cup and Portugal’s Primeira Liga were the top football competitions by volume.

  • Casino stakes reached EUR 5.04bn, up 15.4% year-on-year and up 8.0% quarter-on-quarter. Slots accounted for 79.1% of casino play, ahead of Banca Francesa (7.0%) and Roleta Francesa (5.3%). Blackjack/21 held 4.5%, with Saque/Crash at 2.7% and poker at 1.3% combined.

  • Player accounts on record stood at 4.87m, up 9.9% year-on-year. New registrations were 211k in Q2, while cancellations were 136k. Active accounts (with at least one bet) were 1.12m, down 2.6% year-on-year and 6.5% quarter-on-quarter.

  • Self-exclusions reached 326.4k, up 27.0% year-on-year and 5.6% versus Q1. “Auto-exclusions rose 5.6% quarter-on-quarter in Q2 2025,” the report notes. The ratio of self-excluded to all registered accounts was 6.7% at quarter end.

  • The market counted 17 licensed operators holding 30 online licences. Portugal online gambling enforcement also continued, with 97 closure notices and 110 site blocks in Q2.

  • Football betting highlights included the FIFA Club World Cup at 10.5% of football volume and the Primeira Liga at 10.3%. In tennis, Roland Garros drew 20.3% of tennis bets. The NBA accounted for 45.5% of basketball betting.

  • Demographics skew younger: 77.8% of all registered accounts are under 45. The 25–34 bracket is the largest share at 33.5%, with 18–24 at 21.8% of total accounts but 36.0% of new sign-ups. Lisbon and Porto together make up nearly 43% of registrations.

  • Nationality mix is led by Portuguese players at 94.6% of registrations. Among foreign nationals, Brazil represents 49.0% of the non-Portuguese base. Cabo Verde, Nepal and Angola together contribute 23.4% of foreign registrations.

  • For product mix, Portugal online gambling continues to be casino-led by stakes and gross revenue. Slots remain the main driver, while football keeps the betting category anchored. Operators reported quarter-on-quarter softness in betting stakes despite the year-on-year revenue lift.

Please find more news here.