Casino vertical drives growth in Danish online gambling market

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Denmark’s regulated online gambling market continued tis winnings ways in Q2, driven by gains in the online casino vertical.

Danish gaming regulator Spillemyndigheden says its online licensees reported revenue up 25% to DKK 335m (US $49.9m) in the three months ending June 30. That’s 24% more than the same period last year and 8% more than reported in Q1 2015. The overall gambling market, including land-based gaming, reported revenue up 11% to DKK 805m.

The casino vertical reported the bulk of online revenue, rising 28% to DKK 295m, while ‘games with commission,’ aka online poker, was flat at DKK 40m. Total sports betting revenue came to DKK 470m, up nearly 6% year-on-year and 7% sequentially. Spillemyndigheden doesn’t offer separate tallies for online and land-based sports betting,

The roughly 26k gaming machines in Danish gaming halls and restaurants reported revenue up 5% year-on-year to DKK 415m, the highest total the vertical has recorded since Q2 2013. Revenue from the country’s seven brick-and-mortar casinos rose 6% to DKK 90m.

Read more at calvinayre.com

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