LUN 13 DE MAYO DE 2024 - 20:56hs.
First division football league

75% of La Liga teams in Spain are sponsored by sports bookmakers

Alberto Eljarrat, CEO of Sportium, highlighted the growing investment of sports betting houses in the Spanish football: 'Of the 20 clubs of the Santander League, 15 have a betting house among their sponsors.' Eljarrat inaugurated the forum 'Communication, Football and Sports Management' organized by the newspaper El Español this week, along with the Association of the Sports Press of Madrid.

Throughout last season, the clubs of the Spanish main división reached nearly 300 sponsorship deals with some 130 bookmakers, generating total revenues of around 600 million euros.

Online bookmakers have placed themselves in the third place of the sectors that invest the most in Spanish football, at the same level as banking, automotive and soft drinks, and only below sponsors of sports equipment and beer brands.

The investment of online bookmakers in football is not only direct through sponsorships, but also indirect. Thus, they carry out a powerful investment through television advertising around the sports broadcasts: 40% of the advertising blocks before the match and in the breaks are covered by sports betting brands.

Despite these high figures, Eljarrat pointed out that, at present, the value of the online bookmaking industry does not justify an advertising investment of this caliber. "In 2016, the real income of the sector in Spain was around 250 million euros, a much lower amount than the other industries that we have displaced," concluded Sportium’s CEO.
CEO

Source: GMB / Expansion