Denmark boosted by online casino growth in Q1

Danish regulator the Spillemyndigheden has cited the impact of online casino growth as a key reason behind a rise in gaming revenue in the first quarter.

Gross gambling revenue in the opening three months of the year amounted to DKK1.52bn (€203.9m/$237.3m) up by 8.9% on Q1 of 2017 but down 8.7% on the final quarter of last year.

Online casino was responsible for DKK520.8m of this amount, with this total up 25.5% on the same period last year and also 8.7% more than in Q4 of 2017.

The Spillemyndigheden noted that it changed online casino calculations in the first quarter to also include internet bingo results, with this sector responsible for just DKK15m of the overall online result.

Sports betting remains the main source of income after generating DKK555.4m in the quarter, which is up 7% on the corresponding period last year, but down 22% on Q4 of 2017.

Elsewhere, online poker continued to suffer after posting DKK27.9m in revenue, down from DKK34.9m in Q1 of last year.

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