Denmark online gaming market breaks new records

Figures released by Danish regulatory body, Spillemyndigheden, showed that the increase was fuelled by new revenue records generated by online operations which reported second half revenue of US$ 73.4 million, almost 16% better than last year and 10.3% better than the previous half. Slots generated over two-thirds of online casino GGR, followed by blackjack accounting for 8.4% and roulette which accounted for 8.3%.

Whilst online poker was down, online casino ‘single player’ games saw a year-on-year increase of 18.6%. Online slots and table game revenue have more than doubled since the first quarter of 2014.

Sports betting was relatively stable at US$ 83.6 million with land-based sports betting accounting for 23.5% of the betting market with mobile coming in at 53.1% and desktop at 23.5% online channels. However, land-based channels continue to account for the majority (53.9%) of individual wagering transactions.

Denmark’s seven land-based casinos brought in revenues of US$ 15.3 million in the second quarter, which were stable, whilst slots in restaurants and halls reported generated US$ 62 million, also stable from the same period last year.