Denmark’s gambling market, overseen by the Danish Gambling Regulator, Spillemyndigheden, has witnessed fluctuations in various sectors, influencing the overall Gross Gaming Revenue (GGR). In April 2024, the combined GGR for betting, gaming machines, land-based, and online casinos experienced a decline of 6.9% to DKK 595 million ($86.4 million).
Betting Sector:
In April 2024, the betting sector observed a significant downturn, with GGR plummeting by 20.9% to DKK 195 million compared to April 2023. Despite the decrease, mobile betting emerged as the predominant mode, constituting 63% of total wagers. This underscores the growing influence of mobile platforms in the Danish gambling market.
Land-based Casinos:
Land-based casinos experienced a marginal decline of 1.6% year-on-year, recording a GGR of DKK 31 million in April 2024. However, the average daily GGR remained steady at DKK 993,866, indicating consistent patronage despite the slight decrease in revenue.
Gaming Machines:
GGR generated from gaming machines witnessed a downturn, dropping by 7.3% to DKK 96 million in April 2024 compared to the previous year. This decline reflects shifting preferences or economic factors impacting player engagement with gaming machines in Denmark.
Online Casino:
Online casino emerged as the leading industry segment in GGR, demonstrating a moderate uptick of 6.04% year-on-year. GGR settled at DKK 273 million in April 2024, showcasing resilience and growth within the online gambling sector. Gaming machines dominated online casino revenue, contributing 76.3% of the total GGR, followed by Roulette at 6.7%.
Contrasting April 2024 statistics with February figures reveals insights into short-term trends within Denmark’s gambling market. While April witnessed an overall decline in GGR, February saw an 18% year-on-year increase, reaching DKK 587 million. Notably, online casino consistently led the GGR charts in both months, indicating its sustained prominence in the Danish gambling industry.
Denmark’s gambling market unveils a dynamic landscape characterized by fluctuating GGR across various sectors. While some segments experienced declines, others showcased resilience and growth, underscoring the adaptability of the industry amid changing consumer preferences and external factors. Mobile betting, online casino dominance, and average daily GGR metrics provide valuable insights for stakeholders navigating the Danish gambling market. As the industry continues to evolve, monitoring these trends will be essential for informed decision-making and strategic planning.