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Online gaming drives record Danish revenue in Q2

Online gaming drives record Danish revenue in Q2

DANISH: Danish regulatory body Spillemyndigheden has cited a positive performance by the national online gaming market as one of the main reasons behind record gambling revenue in the second quarter of 2017. Gross gaming revenue during the three-month period amounted to DKK1.46bn (€196.5m/$234.2m), an increase of nearly 4% on the corresponding quarter last year.

Online casino revenue hiked almost 16% year-on-year to DKK458m, with this total also up by 10.5% on the amount posted in the first quarter of the current year. However, online poker continues to struggle in the country, with the DKK33m posted in Q2 down from DKK34.9m in the first quarter and DKK37.1m posted in the second quarter of last year. Meanwhile, revenue from land-based casinos in Denmark remains relatively flat at DKK95.4m in the second quarter, with revenue from gaming machines also level at DKK387m. The Spillemyndigheden also said that sports betting was flat at DKK522m in the three-month period, despite having to contest with a corresponding quarter that included the Uefa European Championship national football team tournament.