BUSINESS

Casino vertical drives growth in Danish online gambling market

TAGs: danish online gambling association, Denmark, Spillemynddigheden

denmark-danish-online-gambling-associationDenmark’s regulated online gambling market continued its winning ways in Q2, driven by gains in the online casino vertical.

Danish gaming regulator Spillemyndigheden says its online licensees reported revenue up 25% to DKK 335m (US $49.9m) in the three months ending June 30. That’s 24% more than the same period last year and 8% more than reported in Q1 2015. The overall gambling market, including land-based gaming, reported revenue up 11% to DKK 805m.

The casino vertical reported the bulk of online revenue, rising 28% to DKK 295m, while ‘games with commission,’ aka online poker, was flat at DKK 40m. Total sports betting revenue came to DKK 470m, up nearly 6% year-on-year and 7% sequentially. Spillemyndigheden doesn’t offer separate tallies for online and land-based sports betting,

The roughly 26k gaming machines in Danish gaming halls and restaurants reported revenue up 5% year-on-year to DKK 415m, the highest total the vertical has recorded since Q2 2013. Revenue from the country’s seven brick-and-mortar casinos rose 6% to DKK 90m.

The Danish Online Gambling Association (DOGA) has compiled a handy infographic (viewable below or click here for a larger version) detailing the changing face of the country’s gambling market covering the years 2008 to 2014.

DOGA CEO Morten Ronde noted that the graphic provided only estimates for the split between land-based and online betting revenue, as well as for the size of Denmark’s online black market. Ronde said he hoped that Spillemyndigheden would one day provide more insight into the actual numbers.

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