iGB Intelligence reports iGB Market Monitor June 2017 | Page 14

Part 4: Denmark — slots on top Part 4 Denmark — slots on top It is a curious fact that the size of the online Chart 2: Danish online casino revenue breakdown - March 2017 gambling market in Denmark is only that bit smaller than that of Spain, but with a population of 5.5 million that is dwarfed by Spain’s 47 million. In 2016, the total online market in Denmark was % Slots 66.3 worth DKKr2.9bn (€399m) compared with Spain’s Roulette 8.2 total for the year of €429m. Blackjack 8.1 Other 17.4 A key difference between the two when it comes to their online gambling habits – other Source: Danish Gambling Authority than macro elements such as the degree of how tech-savvy the populations are – comes from the These trends broadly continued into the first quarter. Total online casino revenues rose to breakdown of online casino figures. Compared with the near 50/50 splits between DKKr414.8m in the first three months of the year, slots and roulette in Spain, in Denmark the representing a marginal improvement on the online casino market is much more dominated DKKr410.9m in the previous three months and by slots with an average of 67.1% of total online a year-on-year rise of 10% compared with the casino stakes coming from slots compared with same period in 2016. In terms of the percentage only 8.1% emanating from roulette play. Poker of revenues, slots were worth an average of 66.9% remains stable at 10% of the total of total GGR, or over the three months while roulette was worth DKKr156.4m. 7.9%. (See chart 2 – percentage of online casino Chart 2: Danish online casino revenue breakdown - March 2017 stakes by product – March 2017) Other 17.4 casino market since it was introduced in the first The data shows the strength of the online quarter of 2014. From total GGR of DKKr252m in the first quarter of 2014 it has grown by nearly 65% to DKKr415m. Blackjack 8.1 Roulette 8.2 Slots 66.3 A mobile betting feast The overall betting market in Denmark has not been so positive, albeit from a larger base with revenues over the same period rising 18.5% between quarter one in 2014 to the first three months of this year to DKKr517.2m. The tech-savviness is clearly on display in the betting market. The first quarter report shows Source: Danish Gambling Authority iGaming Business Market Monitor • June 2017 that of the total betting market – including land- 11