Online casino on top as Danish gambling records October & YTD rises

Denmark
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Gross gaming revenue across Danish gambling has witnessed another year-on-year increase through October, with the country’s igaming and betting space counteracting fractional declines elsewhere.

This has seen the nation’s gambling ecosystem track a 16.14 per cent overall uptick through the 31 day reporting period, with revenue recorded as increasing from the past year’s DKK 508m (£58.74m) to DKK 590m (£69.2m) for the current year.

Online casino retained its place at the top of the tree courtesy of a slight 2.5 per cent year-on-year revenue rise to DKK 247m (2021: DKK 241m), which also represents a 4.21 per cent monthly increase from September’s DKK 237m (£27.4m).

Elsewhere, Denmark’s betting segment recorded a significant 62.9 per cent surge to DKK 213m (2021: DKK 131m), with this figure down ever so slightly from the previous month’s DKK 214m (£24.74m).

The largest YoY percentage decline came via the land-based casino reporting division, which tracked a 22.2 per cent downfall through the month to DKK 29m (2021: DKK 38m). This is also down 17.24 per cent from September’s DKK 34m (£3.93m).

Elsewhere, the country’s gaming machines division dropped 12.4 per cent to DKK 101m (2021: DKK 116m), but this does represent an uptick from the previous month’s DKK 99m (£11.44m).

On a year-to-date basis, these latter two divisions tracked significant increases, with YoY comparisons set against periods of COVID enforced lockdowns, with betting the only segment to report a downfall.

Revenue through the ten months of 2022 closed at DKK 5.54bn (£640.64m), which is up 7.29 per cent from the DKK 5.07bn (£586.29m) reported one year earlier.

It is igaming that once again makes up the largest percentage of this figure via a 1.9 per cent uptick to DKK 2.37bn (2021: DKK 2.33bn), while betting dropped 1.7 per cent as of October 31, 2022, to finish up at DKK 1.92bn (2021: DKK 1.95bn).

Elsewhere, gaming machines shot up 56.9 per cent across the ten month period to DKK 960m (2021: DKK 612m), while land-based casinos reported revenue of DKK 289m (£33.41m), up 67.3 per cent YOY from DKK 173m (£20m).

Craig Davies

Craig has been in journalism since 2011, after graduating from the University of Central Lancashire the previous year. Several roles in the news and sports print media ensued, before a two year...