Danish gaming revenue grows to DKK2.88bn in H1

| By Daniel O'Boyle
Danish non-lottery gross gambling revenue came to DKK2.88bn (£329.5m/€387.0m/$454.6m) in the first half of 2021, a year-on-year increase of 6.4% driven mostly by growth in sports betting.
Denmark

Sports betting revenue for the year to date came to DKK1.25bn, up 23.5% from the first six months of 2020, thanks in part to the return of a full calendar of sports.

Online casino revenue was DKK1.43bn, a 16.2% year-on-year increase.

Land-based slot machines were unavailable for much of the first half of 2021, due to restrictions related to the novel coronavirus (Covid-19) crisis, which were lifted in May. As a result, revenue from the machines dropped by 57.4% to DKK163m.

Similarly, land-based casino revenue also dropped sharply – by 55.5% to DKK37m – due to closures early in the year.

For the second quarter of 2021, sports betting revenue skyrocketed by 76.2% from low levels recorded in 2020, as the vertical brought in DKK657m.

Online casino, meanwhile, brought in DKK715m, which was 5.9% more than Q2 of 2020, but just below the record achieved in Q1 of 2021.

Slot machine revenue grew by 62.5% for the quarter to DKK163m, while land-based casino revenue shot up by 122.5% to DKK37m.

Looking only at June 2021, sports betting revenue dipped by 4.5% from May despite the presence of Euro 2020, and was down 3.1% year-on-year.

Online casino revenue, meanwhile, came to DKK212m, the lowest total recorded thus far in 2021. However, this was still up 18.2% from 2020.

Slot machines experienced their best month since October 2020, bringing in DKK101m, up 15.1% year-on-year, while land-based casino revenue was at its highest since November 2020, with DKK26m. This was a 62.5% year-on-year increase.

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