After declines in both online casinos and sports betting, Denmark’s gambling revenues increased due to growth at their physical locations. This boost took place in the second quarter of 2018.
The Danish regulator ordered Cashpoint Limited.
Figures given by the Danish gambling authority Spillemyndigheden stated that revenue rose from DKK 1.57 billion to DKK 1.69 billion between the same three-month period last year and this year.
Regulation Denmark
The regulator claimed that the drop in gambling revenues in the second quarter of 2021 was due to the current Covid-19 rule. This rule closed a number of physical gambling facilities across the country. However, revenue increased after the reopening of these facilities in the third quarter of 2021.
Year-on-year growth was fastest for mainland casinos. They saw a 163% increase in revenue to $97,000. In the second quarter, revenue from physical gaming machines rose 95% to $319,000.
The Danish gambling market earned $708,000 from online casinos in the second quarter of the year. That is a 1% decrease compared to the same time last year.
Sports betting brought in DKK 93 million less year-on-year, or $991 thousand, which is a 14% drop. This drop came from DKK 560 million, or $72 million.
From Spillemyndheden’ register of voluntarily excluded players, or ROFUS, 33,648 people were registered at the end of the quarter. 76% of these registered players are male.
