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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.

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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