Portugal’s regulated online gambling market started 2019 off with its best quarterly performance to date, thanks to players having a greater number of online options.

Figures released Wednesday by the Serviço Regulação e Inspeção de Jogos do Turismo de Portugal (SRIJ) regulatory body show that its online gambling licensees generated revenue of €47.3m in the three months ending March 31.

The sum is a hefty 43.8% improvement over the same period last year, €4.3m higher than the market reported in Q4 2018 and a new record high since the regulated market launched in May 2016.

The gains were at least partially attributable to Portuguese punters having an increased number of locally licensed options. As of March 31, the SRIJ had issued licenses to 10 different companies, three more than at the end of Q1 2018. These companies held a total of 16 licenses (seven for sports betting, nine for online casino/poker).