iGB Intelligence reports iGB Market Monitor December 2017 | Page 12

Part 2: Denmark keeps on growing Part 2 Denmark keeps on growing in the second quarter. Our estimates for online Clarification on sports betting channel splits betting suggest a GGR of circa DKK340.8m One aspect about the second-quarter report (€45.8m or £40.9m) and online casino came in at worth noting is the authorities have included DKK458m. an appendix in this addition that clarifies the The Danish online market continued to progress statistics on betting channel. Previously, the online The online casino market has been experiencing a boom over the past three and land-based betting split estimates in the years, rising from a total of DKK248m in the Market Monitor have been based on figures given second quarter of 2014 through to the total for for turnover, but as of the second quarter specific the second quarter this year. (See chart 2 for percentages for GGR have been included, giving quarterly online casino GGR.) us a much clearer picture. The figures for the past four quarters are reproduced below (see chart 4, As can be seen, with the exception of two sports betting GGR % by channel). minor blips in the third quarters of 2015 and 2016, it has risen to the point where it long ago Compared to the figures for turnover eclipsed the online sports betting market and is percentage given previously (which suggested now closing in on the total sports market, which a split close to 75-25 in favour of online), these includes land-based. (See chart 3 for sports- figures reinstate land-based betting’s popularity betting GGR.) somewhat. We have noted before the size of the mobile Chart 2: Demark online casino quarterly Q214-Q217 GGR (DKKm) 500 458 450 400 350 300 250 248 267 290 303 337 319 349 376 395 383 Q2 2016 Q3 2016 411 415 Q4 2016 Q1 2017 200 150 100 50 0 Q2 2014 Q2 2014 Q4 2014 Q1 2015 Q2 2015 Q3 2015 Q4 2015 Q1 2016 Q2 2017 Source: Danish Gambling Authority iGaming Business Market Monitor • December 2017 9