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Danish Gambling Revenue Declines 5% in Q1 2020

Danish Gambling Revenue Declines 5% in Q1 2020
Danish Gambling Revenue Declines 5% in Q1 2020Reading Time: < 1 minute

 

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

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.

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.


Source: Latest News on European Gaming Media Network
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: Danish Gambling Revenue Declines 5% in Q1 2020

George Miller began his career in content marketing before joining the HIPTHER team in 2016 as an Editor and Content Manager. His ability to distill complex regulatory data into newsworthy B2B content led to his appointment as Head of Content in 2017.…

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