Figures released Thursday by the Spillemyndigheden regulatory agency showed total betting and online gaming revenue of DKK 935m (US $140.7m) in the three months ending June 30. The figure is 16% higher than the same period last year but 4% lower than Q1 2016’s total.
The online casino vertical generated revenue of DKK 355m, up one-fifth year-on-year and up 3% sequentially. Online poker was flat year-on-year at DKK 40m but down DKK 5m sequentially.
Slots remain the dominant form of online casino play, scoring 68% of the total casino revenue pie, with roulette (6%) and blackjack (5%) the next most popular casino games.
Sports betting revenue totaled DKK 540m, 15% higher year-on-year but 7.6% below Q1’s total. The numbers might be expected to show a sequential gain, given the hoopla surrounding Euro 2016, but perhaps Denmark’s failure to qualify for the tourney dampened enthusiasm.
Online sports betting accounted for 65.5% of the total betting figure, up from 63.5% in Q1, the first quarter in which the regulator has broken out online figures. Both online and land-based betting showed sequential declines in Q2, although land-based fell harder (14%) than online (4%).
The 25,500 land-based machines in gaming halls and restaurants brought in DKK 400m, up DKK 20m sequentially but down DKK 15m year-on-year, the first time in six quarters that the land-based product had failed to generate positive growth.
Denmark’s seven land-based casinos reported revenue of DKK 100m, up from DKK 90m a year ago, the biggest quarterly gain since the agency started compiling statistics in 2012.