The revenue reached a level 11.6% above Q3 2024 but it did not reach the total posted in Q2 2025 for the market.
Online gambling revenue in Portugal reached €297.1 million ($346.5 million) in Q3 2025 and ranked second-highest on record. Revenue for the three months to September rose 11.6% from Q3 2024 and moved 3.5% beyond Q2 2025 while it stayed 8% lower than €323 million from Q4 2024. SRIJ data showed year-on-year growth across sports betting and casinos. Online sports betting revenue reached €99.7 million and sat 9.3% above last year, while it slipped 8.7% from Q2 during higher customer spend. Sports wagers reached €504.6 million and came 4.4% above last year, while it landed 10.3% ahead of Q2. Football stayed top pick in Portugal as 71.8% of bets went on football and tennis drew 22.1%.
Online Casino Revenue Climbs Close to €200 Million
Online casinos reached €197.4 million in Q3 and sat 12.7% above last year, while it moved 11% beyond Q2 2025. Player spending reached €5.49 billion for the quarter and rose 12.5% year-on-year, while it came 8.9% ahead of Q2. Slots took 79.2% of casino bets and Banca Francesa followed on 6.8% and blackjack took 5.1%.
Online Player Numbers Expand
Total registered players reached 4.9 million and increased 7.8% year-on-year as 358,100 new consumers signed in 12 months from Q3 2024. Self-exclusion reached 342,000 at the end and increased by 66,000 from 2024 and moved 23.9%. SRIJ sent 53 closing notices to unlicensed sites in Q3 and flagged 130 domains for blocks.
Land-Based Revenue Dips
Land-based gambling revenue reached €72.4 million in Q3 and declined 4.6% year-on-year. Slot machine revenue reached €57.3 million and rose 2.1%. Other game revenue dropped 24.2% to €15.1 million. American roulette generated €4.4 million and stood 36.3% below last year. Baccarat reached €3.6 million and fell 34.3% and blackjack hit €2.9 million and slipped 13.5%.
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