Spillemyndigheden publishes March and April report
The Spillemyndigheden has recently published the Danish gambling market’s report for the months of April and March.
Starting off with March, the country’s gambling market generated a total of 599 million kroner in the month this year, up from 2022’s 525 million kroner figure and from February’s 496 million kroner revenue.
Breaking down by Denmark’s four main gambling sectors, online casinos remained at the top in terms of revenue, generating 257 million kroner in the month. This was up from 226 million kroner recorded during last year’s March and 234 million kroner generated in February of this year. Sports betting followed next, generating 214 million kroner and growing significantly from last year’s 155 million kroner figure, which is a year-over-year increase of 38%.
Retail gambling terminals and casinos were up next, generating 103 million kroner and 25 million kroner in March respectively. The former experienced a slight decrease year-over-year, going down from 110 million kroner, however, it went up slightly in comparison to February’s 98 million kroner figure. The latter, on the other hand, experienced downturns when compared to both March of 2022 and February of this year, throughout which the vertical generated 34 million kroner and 30 million kroner respectively.
Shifting the focus to April, the Danish gambling industry generated 639 million kroner in the period, surpassing both the revenue recorded in March and in the same month last year. Its online casino and retail gambling terminal sectors generated the same amount of revenue as in March at 257 million kroner and 103 million kroner respectively.
The market’s sports wagering and land-based gambling sectors, on the other hand, experienced slight increases in April, with the former generating 247 million kroner and the latter making 32 million kroner in revenue in the period.