Danish gambling revenue down 5% for Q1

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Danish gambling revenue down 5% for Q1

By Iqbal Johal

The Danish Gambling Authority (DGA) has reported a 5% year-on-year decrease in total Danish gambling revenue for Q1 2020.

In its Q1 report, total gross gaming revenue (GGR) for land-based and online, excluding lotteries, dropped to DKK 1.53bn ($221.4m).

The biggest revenue-generating vertical was sports betting, with GGR up 3% from last year to DKK 635m, followed by online casino, which was down 1% to DKK 555.

The biggest fall was with gaming machines, with GGR declining 21% to DKK 278m, while land-based casino GGR dropped 20% to DKK 66m, impacted by Denmark being one of the first European countries to introduce lockdown measures, on 13 March.

For sports betting, mobile accounted for 52% of the country’s total GGR at DKK 329.6m, with 33% or DKK 209.9m coming from land-based.

Slots accounted for 74% of total online casino GGR at DKK 410.5m, with land-based casinos seeing average daily GGR amount to DKK 732,900.

Earlier this week, DGA statistics showed that, from 9 March to 3 May, bets made with operators in Denmark decreased 60% from the same period last year, demonstrating the impact of the coronavirus.

However, online casino deposits rose 2% from 2019, although the DGA said it was too early to say if Danes had moved from land-based to online betting.

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