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Denmark’s Gambling Revenue Declines 9.3% in 2020

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4 years ago

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Denmark’s Gambling Revenue Declines 9.3% in 2020
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According to the latest figures from Spillemyndigheden, Danish gambling revenue fell 9.3% to DKK5.96bn ($971.8m) in 2020.

Online casinos, the only vertical unaffected by lockdown measures or sporting cancellations, posted year-on-year revenue growth. However, the 5.0% year-on-year rise in revenue to DKK2.45bn was the lowest increase for online casinos since the Danish igaming market opened for business in 2012.

In terms of products, online slots contributed DKK1.82bn or 74.4% of the vertical’s total. Roulette followed in a distant second on DKK231.9m (9.5%), with blackjack in third on DKK166.6m (6.8%).

All other verticals reported year-on-year declines.

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Niji Narayan has been in the writing industry for well over a decade or so. He prides himself as one of the few survivors left in the world who have actually mastered the impossible art of copy editing. Niji graduated in Physics and obtained his Master’s degree in Communication and Journalism. He has always interested in sports writing and travel writing. He has written for numerous websites and his in-depth analytical articles top sports magazines like Cricket Today and Sports Today. He reports gaming industry headlines from all around the globe.

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