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Denmark's online gambling market sets new revenue records

November 6, 2017
1 min

Danish gambling regulator, the Gambling Authority, announced that it surpassed a record high of $243.5 million revenue in Q2 of the following year. According to the regulatory agency, the attained figures came out of a brisk growth in the online gambling sector at an annual rate – on 16%, up to $70.8 million.

Slot machines generated two thirds of gross online gaming revenue, followed by blackjack – 8,4% and roulette – 8,3%. It was reported that online poker did not demonstrate the same optimistic results during the reporting period, as opposed to board 'single player' games. At the same time, board games rose by 18,6% year-on-year. Online betting gained $80,7 million during Q2 2017.

As for land based bookmakers, this sector accounted for 53,9% from the overall betting market. Online betting hold a share of 23,5% in the following segment. It is reported that a great majority of wagers (53,1%) were made through mobile apps – whereas the rest (23,5%) – via PC.

Danish terrestrial casinos generated $14,7 million over the monitored period. Slot rooms and slot machines installed in the local restaurants brought a return of $59,8 million.

In their report, the Gambling Authority specially mentioned the IMGL award received by Birgitte Sand, who has been a director of the organization since 2008. The expert was acknowledged as 'Gaming Regulator of the Year – Europe' for her contribution to the international gambling industry, a high standard of work and regulation within the Danish gambling market.

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