Gambling activity in Spain has seen a lull this year compared to 2021.However, this downturn is not expected to last long.The government has finalized its budget for 2023, but gambling revenue is expected to play a key role in supporting its operations.
Government officials believe Spaniards will spend more money on gambling-related activities, including sports betting, throughout 2023.Figures included in the General State Budget (PGE from the Spanish acronym) anticipate net revenues of €92 billion (US$2000 billion).
This figure is only the turnover of the State Lottery and State Gaming Association (Selae in Spanish acronym), the public operator of lotteries and games of chance, which belongs to the Ministry of Finance.This does not include the revenue the government receives from other gaming businesses.
If confirmed, revenues would be slightly above pre-COVID-19 pandemic figures.Not in the last decade has gaming played such a significant role in the budget. In 10, it contributed €2013 billion (US$116 billion).
Highest level in 10 years
If that figure holds up, Serre's net profit after taxes, operating costs and staff costs would be around €18 billion (approximately US$5400 billion).This, too, would update the caps recorded during the pandemic.
Gambling is a major component of the total profits of Spain's commercial enterprises and non-financial public authorities, with a weight of almost 80%.Previous research has shown that the online gaming sector leads all e-commerce activity in the country.
予測によると、ギャンブル事業者は来年、23億3000万ユーロ（23億3000万米ドル）の純益を記録する見込みです。これは、2022年に予算化された14億9000万ユーロ（14億9000万米ドル）より55％多い。
The government will also receive assistance from other sectors.Cere could make €18 billion (US$5000 billion), or 18% of the total.Together, state-owned aviation, port authorities and railway operations are expected to add around €5000 billion (US$79.5 billion).
Get excited for the holiday season
Selley hopes to increase his gambling income starting this year.Starting Thursday, she will launch a marketing campaign for one of the most popular lotteries of the year, the Christmas Lottery.
For many Spaniards, it's a big event that evokes the same level of excitement as watching the ball drop in New York on New Year's Eve.This should come as no surprise.€12 billion (US$22 billion) will be awarded in the draw on 25nd December this year.
Last year's Christmas lottery sales exceeded €31 billion (US$31 billion), setting a new record.This draw is of paramount importance to Serae, accounting for over 30% of the annual total collected from public gaming.According to the operator, this is equivalent to half of the national lottery sales for the full year.
On average, each Spaniard spends about €66 (US$66) on Christmas lottery tickets.By municipality, Madrid sold the most tickets at €528 million (US$528 million), according to Selae.Andalusia followed with €4 million (US$4800 million), Catalonia with €4 million (US$4800 million) and Valencia with €4 million (US$1200 million).
Comment