Part 3: Denmark – still on the up
Part 3
Denmark – still on the up
T
he success of the Danish regulated
gambling market, both in revenue
Table 1: Danish online gambling revenue Q317/Q318
yoy comparison (DKKm)
Product Q317 Q318 % change
Sports
betting 383.2 431 12.5
most recent numbers from the Danish Gambling Casino 423.9 508.8 20
Authority, we can see that gross gaming revenues Poker 31.7 25.3 -20.2
for the third quarter of last year rose more than Bingo 0 10.6 0
Total 838.8 975.7 16.3
terms and in the all-important area of
channelisation, has been well-documented in
previous editions of Market Monitor. To look at the
16% to DKK975.7m or €130.7m (see Table 1).
Source: Spillemyndigheden
Sector analysis
A look at the data from the past two years in
Denmark shows a steady improvement in sports punters suffered from a bad run of results.
betting, both land-based and online, and online The year-on-year comparison for the past four
casino (see Chart 1). quarters shows an average growth rate of 18.6%
The obvious blip is the extraordinary returns
generated in the fourth quarter of 2017, when
per quarter. The year-on-year comparison will
likely fall into negative territory for the fourth
Chart 1: Sports betting GGR land-based and online, Q316-Q318 (DKKm)
800
712
700
653
648
600
536
551
500
575
517 522
Q2 2017 Q3 2017
555
400
300
200
100
0
Q4 2016
Q4 2016
Q1 2017
Q1 2017
Q2 2017
Q3 2017
Q4 2017
Q4 2017
Q1 2018
Q1 2018
Q2 2018
Q3 2018
Q2 2018
Q3 2018
Source: Danish Gambling Authority
iGaming Business Market Monitor • February 2019
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