Strong first quarter for Danish online gambling
News on 29 Jun 2018
News on 29 Jun 2018
Danish gambling regulator Spillemyndigheden released Q1-2018 gambling industry stats Thursday, reporting that overall gross gaming revenues rose almost 9 percent y-o-y to DKK1.52 billion (US$236.4 million).
Nevertheless, revenues eased compared with the preceding Q4-2017.
Sports betting delivered a 7 percent y-o-y rise in revenue to DKK 555.4 million, with wagering on mobile devices performing well to contribute 49.9 percent. Retail (land-based) wagering brought in 35.3 percent whilst desktop betting delivered 14.9 percent.
Online casino action showed the best revenue growth – up 25.5 percent y-o-y at DKK 520.8 million, and an improvement on the preceding quarter; the calculation included online bingo which contributed DKK15 million and was only recently approved by the regulator.
Online slots were responsible for 66.5 percent of the vertical’s revenues, with roulette and blackjack trailing at 13.1 and 10.8 percent respectively.
Online poker again disappointed, with combined tournament fees and cash game revenue of DKK 27.8 million, sliding DKK 7 million in year-on-year terms.
Land machine revenues in general fell 3.6 percent to DKK 370.3 million, and land casino revenue overall was flat at DKK 92.7 million.
Spillemyndigheden reported that the self-exclusion register at the end of March this year comprised 14,871 individuals, 10,122 of whom had permanently excluded themselves from all gambling activity.
