Mon. Nov 25th, 2024
Land-based gambling growth drives Q2 revenue increase in Denmark

Gambling revenue in Denmark increased 7.4% year-on-year during the second quarter after growth in the country’s land-based sector offset declines in sports betting and online casino.

Revenue for the three-month period was DKK1.69bn (£196.7m/€227.2m/$230.6m), up from DKK1.57bn in the corresponding quarter last year, according to figures released by Danish gambling regulator Spillemyndigheden.

This increase, the regulator said, was due to the reopening of land-based gambling facilities across the country following their partial closure during Q2 of 2021 due to national novel coronavirus (Covid-19) rules that were in place at the time.

The largest year-on-year growth came in the land-based casino sector, where revenue was 163.4% higher at DKK97.0m. Physical slot machine revenue also increased by 95.4% to DKK319.0m in Q2. 

Online casino remained the country’s primary source of gambling revenue during Q2, with revenue in this market amounting to DKK708.0m, down 1.0% from last year.

Sports betting revenue also fell 14.1% year-on-year, or DKK93.0m, to DKK565.0m.

Spillemyndigheden also revealed that by the end of the quarter, the number of consumers that had signed up to its Register of Voluntarily Excluded Players (ROFUS) stood at 33,648. Of those that have joined the register, 76% are male.

Publication of the quarterly figures comes after Spillemyndigheden this week said that its StopSpillet gambling helpline meets the “desired requirements” and is successfully reaching its target groups.

A by the regulator showed 87% of people who call in are male, with strong representations from younger males. Overall, 35% of all callers are men between the ages of 18-25.

In addition, close to 50% of callers began their gambling activity before they turned 18.

By Xplayer