iGB Intelligence reports iGB Market Monitor September 2018 | Page 22

Part 3: Denmark – on track in first quarter Weekly betting patterns proposals that would see bonuses capped The World Cup betting figures will have been at DKK1,000 or about €133. Bonus requirements helped by the first match occurring on the first would also be capped at 10 times the original Saturday of the tournament. In the first quarter, stake and there will be a voluntary code on the day of the week with the biggest percentage advertising, including a watershed before of turnover on average was unsurprisingly which gambling ads would be banned. Saturday, with more than 19% of all bets placed Operators will also face restrictions on their and more than 18% of turnover (see Chart 18). ability to approach inactive players with Such data are obvious enough given the weekly schedule of sporting events during the week in Europe, particularly football. bonuses to encourage them to reactivate their accounts. The tax minister Karsten Lauritzen was quoted as saying that the government felt The future that it “must do our best to prevent players There are obvious limits to how much an online from developing game dependence”. market can grow regardless of the stimulants The measures were not as bad as had first of new products and new providers. Much as been proposed by the socialist party, which there are positive messages from the current had wanted to ban bonuses altogether, but rate of growth across both betting and gaming, the measures are sure to have an impact, the well-publicised moves to potentially limit particularly on any prospective new advertising are bound to have an effect on future market entrants. prospects. It is almost certainly the case that the Still, it remains a warning shot across second quarter will continue the trend upwards the bows of the Danish operators. As a and maybe the rest of the year will likewise be spokesperson for the ministry was also quoted positive. But moves on the legislative front could as saying: “The message here is, ‘take care of well impact the figures. the vulnerable. If you can’t manage this In July political parties from across the spectrum in Denmark agreed on a package of agreement, we are ready to regulate or have new legislation.’” It is a fair warning. Chart 18: Weekly betting patterns by number of bets (%) and turnover (%) Source: DGA iGaming Business Market Monitor • UK, Spain and Denmark • September 2018 19