Danish GGR up 29.9% year-on-year to DKK513m in May

Licensed online gambling revenue in Denmark came to DKK513m (£59.3m/€69.0m/$82.5m) in May, up 29.9% year-on-year but down from April, as land-based venues across the country reopened.

Sports betting revenue was down 24.8% month-on-month, but up 83.5% from May 2020, when sports across the world were suspended because of the novel coronavirus (Covid-19) pandemic.

Online casino revenue, meanwhile, was DKK247m, up 2.7% from 2020 and down 3.5% from April.

Revenue from land-based slots skyrocketed both month-on-month and year-on-year, as slot halls across the country were allowed to open for the first time, allowing for revenue of DKK55m.

This was more than four times the revenue recorded in both April 2021 and May 2020, when slot halls were closed, but some restaurants with slot machines were open for the last ten days of the month. However, this total was still 57.4% below slot revenue from May 2019.

Land-based casino revenue was a nonzero total for the first time this year, at DKK11m, after casinos were permitted to reopen from 21 May.

Casinos and gaming halls were originally set to reopen on 5 April, but the country opted to delay reopening to allow more vaccines to be distributed.

While May 2020’s casino revenue was also zero, revenue was down 67.5% from May 2019.

Last week, Danish regulator Spillemyndigheden released its Gaming Market in Figures 2020 report, showing that channelisation in the jurisdiction reached a record high of 90% last year.

This was up only slightly from 88% in 2019, but showed a significant increase from 69% in 2012 when the market was liberalised.

Original Article