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Danish Gaming Revenue Declines by 25.6% in October

Published

3 years ago

December 7, 2021

Reading Time: < 1 minute

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.

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Niji Narayan

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.