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June 12, 2021

Total revenues for Q1 were up 30% year-on-year

Sports betting boosts Danish online market

Sports betting boosts Danish online market
Figures for Q1-2016 released by the Danish regulator Spillemyndigheden indicate that almost two-thirds of sports betting revenues generated by licensed operators in the Danish gambling market come from internet enterprises.
Denmark | 06/03/2016

Figures for Q1-2016 released by the Danish regulator Spillemyndigheden indicate that almost two-thirds of sports betting revenues generated by licensed operators in the Danish gambling market come from internet enterprises.

T

otal revenues for the quarter were up 30% year-on-year at DKK 975 million (USD 146M), continuing a consistent five year growth pattern in which sports betting continues to dominate, creating revenue up 33% y-o-y at DKK 585 million, DKK 370 million of that (around 63.5%) coming from internet sources.

On the online casino front the vertical again delivered a creditable performance, growing revenue 30% y-o-y to DKK 345 million in a sixth year running of growth.

 

The regulator predicts that revenue per Danish punter will rise 5% to around DKK 2,000 by the end of 2016

 

The Spillemyndigheden numbers show that online poker showed little if any improvement in the quarter, performing slightly better than the previous quarter at DKK 45 million.

Spillemyndigheden estimates that the total Danish gambling market will deliver growth of 8 percent in 2016 on a year-on-year basis, presenting a 20% overall improvement since 2012, when the Danish market was liberalized.

The regulator predicts that revenue per Danish punter will rise 5% to around DKK 2,000 by the end of 2016.

 

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