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Home International Customs Denmark

Danish gambling revenue up almost 7% year

byCT Report
14/03/2018
in Denmark
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COPENHAGEN: Denmark’s gambling community continues to thrive. Following the release of data by the Danish Gambling Authority (DGA), gambling revenue for the final quarter of 2017 is up across the entire market. This includes online and land-based casinos, betting facilities and gaming machines.

The rise in online activity in the country is congruent with what the global online gaming community has been reporting.

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Sports betting also picked up steam last year. In the fourth quarter of 2017, the industry saw a jump of 23.8% over the third quarter, and a little more than 29% over the last quarter of 2016. Sports betting, including prop betting, has continued to gain favor in many regions of both North America and Europe.There would appear to be a shift to online gambling over live action in the country. Denmark’s seven land-based casinos reported a revenue decline of 4.4% from the previous quarter. That also represents a 3.3% decrease year on year. It’s a surprising shift downward given the 21.7% increase the industry has seen since 2014.

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