Danish casinos report 196% GGR growth for May

For May, land-based casinos in Denmark saw revenue rise by nearly 200%, while their online counterparts recorded a decline.

spillemyndigheden monthly overview gambling insider web image
Listen To Article

An ongoing post-pandemic resurgence has driven consistent year-on-year growth in land-based gaming.

According to recent figures published by Denmark’s Gambling Authority (DGA), brick-and-mortar casinos generated DKK 32m ($4.5m) in revenue for May, a 196% year-on-year increase. Gaming machines likewise recorded healthy growth, producing DKK 108m for a 97% rise.

Ultimately, both segments saw revenue undergo a modest slide from April, when they produced DKK 35m and DKK 110m respectively, but these figures nonetheless constitute a strong recovery from Covid-19.

For much of last year, land-based operators were impacted by restrictions introduced in response to the pandemic. During this time, betting and online casinos experienced a slight boom.

However, while land-based gaming continues its steady climb to pre-Covid levels, online and betting have suffered commensurate declines.

For May, betting generated DKK 186m in gross gaming revenue (GGR), a 7.3% slump from last year, while online casinos produced DKK 246m, down 0.4%.

But these figures represent an improvement over April’s year-on-year declines. The prior month saw betting experience a 16.6% drop, while iGaming revenue fell by 5%.

As 2022 has progressed, Denmark’s iGaming and betting sectors have seen revenue fluctuate. Meanwhile, land-based casinos and gaming machines have experienced relatively consistent GGR growth, excepting a modest month-on-month drop from April to May.

It would seem that betting and online casinos have seen their financial performance affected by land-based gaming’s recovery, though a balance is gradually being found. Overall, GGR is up by 11.5%.

Premium+ Connections
Premium

Sport Generate

 
Premium

PIN-UP Partners

 
Premium

RISK

 
Premium

GammaStack

 
Premium

1xBet Partners

 
Premium

Revsharks

 
Premium

Galaxsys

 
Premium

Lynon

 
 
Premium

Digitain

 
Premium

Imagine Live

 
Premium Connections
Consultancy

SCCG Management

Executive Profiles
Zeal Network SE

Stefan Tweraser

VIP Play

Les Ottolenghi

Scientific Games

Keshav Pitani

Social & App

Spribe CEO exclusive: Simplicity is the foundation

Spribe CEO David Natroshvili speaks to Gambling Insider abou...

Redefining iGaming: A history of crash games

Crash games is a growing vertical that has taken gambling by...

A certain something: What makes crash games special?

Crash games. They’re simple, they’re easy to learn and,...

Smarter innovation to shape the future

Spribe CCO Giorgi Tsutskiridze discusses the past, present a...

Facing Facts: The corner of quarterly contemplation

With Q1 reports out across the industry, Gambling Insider co...

Taking Stock: A guide to key stock prices across the industry

Gambling Insider tracks prices from some of the industry’s...

15 years of Gambling Insider: From the Founders

Over the last 15 years, Gambling Insider magazine has interv...

15 years of Gambling Insider: The Awards over time

Global Gaming Awards Event Manager Mariya Savova gives us he...