Danish Gaming Revenue Declines by 25.6% in October

 Danish Gaming Revenue Declines by 25.6% in October
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Danish gaming regulator Spillemyndigheden has reported gaming revenue figures of DKK525m (€70.6m) for October, representing a 25.6% decrease on the same period last year.

This was despite the fact that October saw a Danish land-based casino revenue record of DKK38m – up from DKK32m in October 2020 and up from the DKK35m recorded in September.

Sports betting suffered the most compared to last year, dropping 56.9% to DKK131m. For the year to date, sports betting revenue stands at DKK4.25bn – down 3.2% from 2020.

Online casino revenue has remained at a steady level compared to last year, dropping slightly from DKK242m to DKK241m.

Revenue from slot machine arcades was DKK115m, the highest figure recorded in 2021 so far. However, this still represents a 10.2% decrease from October 2020 when slot revenue was DKK128m.

Slot machine revenue for the year currently totals DKK1.60bn, a 28.6% decrease from 2020 owed to venue closures in the first three months of 2021.

Overall revenue experienced a month-on-month decline, dropping 7.1% from the figure recorded in September.

Zoltan Tundik

After starting out as an affiliate in 2009 and developing some recognized review portals, I have moved deeper into journalism and media. My experience has lead me to move into the B2B sector and write about compliance updates and report around the happenings of the online and land based gaming sector.

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