Gross gambling revenue in Denmark increased 6.9% year-on-year during 2024, mainly due to a double-digit rise within the country’s online casino market.
Revenue in Denmark hit DKK7.27 billion (£811.2 million/€974.1 million/$1.02 billion) in the 12 months to 31 December 2024. This surpasses the DKK6.80 billion posted in the previous year.
Data published yesterday (13 February) by regulator Spillemyndigheden shows online casino was the main source of revenue by some margin. In total, revenue from online casino in 2024 topped DKK3.53 billion, up 14.7% on 2023.
Slots accounted for 78.2% of all online casino revenue during the year. Blackjack drew 6.7% of revenue and roulette 6.4%. Remaining revenue was spread across poker, bingo and other games.
Sports betting and casinos revenue up, slots decline
As for other sectors of the market, there was mixed news in Denmark. Sports betting ranked second in terms of total revenue, with this rising 1.2% year-on-year to DKK2.21 billion.
Mobile accounted for 70.4% of sports betting revenue. Computer-based betting drew 15.1% of revenue in the sector, with land-based betting at 14.5%.
Land-based casino also saw growth, albeit minimal at 1.7% to DKK368 million. Physical slot machine revenue, however, dipped 1.2% year-on-year to DKK1.16 billion.
December revenue edges up in Denmark
Looking to the final month of the year, total gambling revenue in December amounted to DKK670 million. This was 0.8% above the same month in the previous year.
Online casino again led the way with DKK347 million, up 13.6% year-on-year. Land-based casino also saw growth, with revenue up 2.2% to DKK35 million.
However, the other two market sectors reported declines. Sports betting revenue dropped 15.7% to DKK191 million, while slot machine revenue was 1.7% lower at DKK98 million.