Denmark’s GGR declines by 25.6% in October

By Gambling Insider

Denmark’s gambling revenue fell by 25.6% in October, according to figures published by the country’s top regulator Spillemyndigheden.

Gross gaming revenue (GGR) from all activities amounted to DKK 525m ($79.8m), down by DKK 40m from September and DKK 181m from the same month last year.

This can be attributed to a continued decline in nearly all areas, especially sports betting which has experienced a significant drop in revenue from October 2020 when it brought in DKK 304m.

Despite a few minor resurgences, revenue from the activity has trended downwards, falling to DKK 131m for October 2021, a 57% decrease from the prior year.

However, while revenue from online casino and gaming machines is also down from October 2020, these segments do not appear to be affected by a similar trend.

Online casino revenue amounted to DKK 241m for October 2021, down by only DKK 1m from last year’s figure, but up by DKK 34m from September and the highest since May.

Gaming machines meanwhile brought in DKK 115m, continuing to climb after in-person gambling restarted in April.

The only area that performed better than the prior year was land-based casinos. This segment has been heavily impacted by Covid-related closures and restrictions but continued an upward trend seen during previous months.

Revenue for land-based casinos came to DKK 38m for October 2021, a modest DKK 6m increase from last year.

All-in-all, these figures bring Denmark’s GGR for the first 10 months of 2021 to just over DKK 5bn, an almost 2% increase from the DKK 4.9bn figure for the same period last year.

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