Sports betting boosts Danish online market
Total 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
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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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