Land-based resurgence drives 15% Danish GGR growth for April
The Danish Gambling Authority (DGA) has reported approximately DKK 609m ($85.4m) in gross gaming revenue (GGR) for April, a 15% year-on-year increase.
Driven by the post-pandemic resurgence of land-based gaming, Denmark’s gambling industry has experienced relatively consistent growth since reopening.
Included in the DGA’s monthly report are gaming machines and land-based casinos. For April, the former experienced an over 1,500% revenue increase, while the latter went from generating nothing to DKK 35m.
In total, the country’s gambling sector generated DKK 80m more than in April of last year, though not everyone stands to benefit from this growth.
While gaming halls and casinos have seen Danes return in droves, Denmark’s betting and iGaming sectors have experienced commensurate declines.
The former recorded DKK 222m for April, a 16.6% drop, while the latter segment’s revenue fell from DKK 256m to DKK 242m. This continues a general trend that has plagued both sectors since the start of 2022.
However, since then, this decrease only appears to have widened in tandem with land-based gaming’s growth. Ultimately, this trend will likely continue until a balance is found.
Land-based operators were adversely affected by restrictions implemented by the Danish Government in response to the Covid-19 pandemic, with gaming halls and casinos closed for much of last year.
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