Spillemyndigheden: Gaming spend up 19.5% in Denmark in May
The Danish Gambling Authority (Spillemyndigheden) has shared market statistics that show significant growth in the gambling market in May year-on-year.
Key points:
– This May, total gambling spend in Denmark was up 19.5% year-on-year
– Rate of growth of the iGaming market in the country showing signs of rapid acceleration
– Land-based casinos reporting a slight decline in revenue
Danes gambled more this May compared to last year, figures released by the Danish Gambling Authority have revealed.
Total gambling spend in the country was up 19.5% for the month when compared to the same period in 2024. Spillemyndigheden market statistics show that this overall rise is fuelled primarily by a huge leap in online casino activity.
Not only is the volume of online casino gambling increasing year-on-year, but its rate of growth is showing signs of a massive acceleration.
Since January 2024, monthly development of iGaming GGR has registered a high-water mark of 27%, which was achieved in June last year. This May far surpassed that peak and recorded a development of 40% year-on-year.
The last time a month demonstrated a similar amount of growth was in January 2021 (44%).
Good to know: GGR (gross gaming revenue) across the whole gambling market has steadily grown in Denmark since the current Danish Gambling Act came into force in 2012. 2020 was the only occasion when the gambling market shrank, though it has since recovered and surpassed its pre-Covid high
May 2024 posted a GGR of DKK 278m ($43.7m) in the iGaming sector, a statistic that was measured at DKK 389m in May this year.
Mobile stakes dominate the Danish gambling ecosystem, making up 66.43% of the total stakes gambled in May – this distribution has remained steady and within 5% of this number all year.
Money staked in land-based casinos has declined slightly this year when compared to the equivalent months in 2024 – a 4.7% drop off has been reported in this sector, though it was not enough to cancel out the growth in other areas.
StopSpillet is the Danish Gambling Authority’s helpline for those suffering from gambling addiction, and data relating to the helpline is also included in the report.
This data shows that young men aged between 18 and 25 are by far the most likely to use StopSpillet and make up nearly 40% of all StopSpillet-related conversations.
The focus on this demographic aligns with research released by GambleAware on the same youth demographic in the UK.
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