Denmark’s online casino, betting declines as retail reopens

Denmark’s gambling market bucked the global trend in Q3 as its online casino and sports betting revenue declined while land-based gambling improved.

Figures released Friday by Denmark’s Spillemyndigheden regulatory agency show locally licensed gambling operators generated revenue of DKK1.53b (US$244.2m) in the three months ending September 30, a 4.9% decline from the same period last year but a significant improvement from the DKK1.16b generated in Q2 2020.

Land-based casinos were the only vertical to post annual growth in Q3, a healthy 6% rise to DKK87m, while the nation’s slots halls were basically flat at DKK334m. Apparently, the pandemic lockdown created some pent-up demand amongst technophobic Danes, so it will be interesting to see if this trend is more than just momentary overcompensation. 

Online casino revenue slipped nearly 2% to DKK555m, with slots accounting for 74% of this sum, up around 1.6 points year-on-year. Roulette claimed nearly 10% while blackjack took a 7% slice. Desktop computers continue to fall out of favor with casino players, falling 4.5 points year-on-year to 40.4% in terms of stakes.

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