Denmark reports DKK 552m in total gaming revenue for August

Denmark’s gross gaming revenue (GGR) for August has undergone a 12% increase year-on-year, driven by online gambling.

spillemyndigheden dk monthly overview ggr gambling insider web image

In total, the country generated DKK 552m ($72m) from both land-based and online gaming in August, but while the latter segment has experienced growth, the former has undergone a decline.

Of the four areas covered in the Danish Gambling Authority’s (DGA) August report, online casino was responsible for the highest revenue.

This segment produced DKK 233m, a 6% rise when compared to last year’s DKK 221m. By contrast, land-based casinos only generated DKK 29m, a 10% year-on-year slump.

Gaming machines fared even worse. These generated DKK 98m in August, but this constitutes a 13% fall when compared to last year’s DKK 113m. Meanwhile, betting experienced a 50% rise in revenue. This segment produced DKK 192m for August, up from DKK 128m.

However, on a year-to-date basis, land-based gaming has continued to recover from Covid-19, while online casino has seen revenue growth slow, and betting has seen it drop.

For the first eight months of 2022, brick-and-mortar casinos produced DKK 226m, an over 120% increase year-on-year, though this is compared to 2021 when casinos were closed from January through April.

Gaming machines have undergone a similar resurgence, posting DKK 759m for the first eight months of 2022, up 97% year-on-year.

But online casino has seen revenue growth slow to a crawl. For the period from January through August, this segment generated DKK 1.9bn, a 0.5% rise.

This is significantly smaller than the 15% growth recorded for the prior-year period. Meanwhile, betting has seen GGR fall by 7%.

Moreover, 2022 marks 10 years since Denmark liberalised online gambling, which the DGA recently hailed as a success.

Industry News Sponsor
Premium+ Connections
Premium
 
Premium
 
Premium
 
Premium
 
Premium
 
 
Premium
 
Premium
 
Premium
 
Premium
 
Premium
 
 
Premium
 
Premium
 
Premium
 
Premium
 
Premium
 
Premium
 
Premium Connections
Executive Profiles
Interblock
Caesars Entertainment
Pragmatic Play
Flutter Entertainment

Global Gaming Awards London: Who will win Executive of the year 2023?

Gambling Insider takes a look at the nominations list for 20...

CEO Special: Flutter International CEO Dan Taylor returning to roots

Flutter International CEO Dan Taylor meets Louis Thompsett t...

CEO Special: Light & Wonder Gaming CEO Siobhan Lane - optimising superpowers

Siobhan Lane, Light & Wonder Gaming CEO, speaks to Gambling...

CEO Special: Hoiana Resorts' Steve Wolstenholme – the travel man

Hoiana President & CEO Steve Wolstenholme talks to Gambling...

Read Magazine