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.


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