Denmark's Gross Gaming Revenue in April: Analysis and Trends
Date: 2024-05-30 Author: Leon Pierce Categories: PAYMENT SOLUTIONS
Overview of indicators
In April this year, Gross Gaming Revenue (GGR) in Denmark decreased by 6.9% to DKK 595 million ($86.4 million) compared to the same period last year.
Detailed analysis
From Spillemyndigheden's recently released statistics, it was revealed that major segments such as betting, online casinos, slot machines and land-based casinos showed a decline compared to April 2023.
Trends by segment
- Betting: Gross betting revenue decreased by 20.9% to DKK 195 million. More than 63% of bets were made through mobile devices.
- Land-based casinos: There was a slight decrease of 1.6%, with average daily gross revenue of DKK 31 million.
- Slot machines: GGR decreased by 7.3%, reaching DKK 96 million.
- Online casino: There is a moderate growth of 6.04%, with gross revenue of DKK 273 million, making it the leader in terms of gross revenue.
Data analysis
Although the overall GGR has declined, the growth in online casinos shows a gradual adaptation to changing trends and player preferences in the face of increasing digitalization.
Despite the challenges posed to the gambling industry by legislative and regulatory changes, the April data provides key lessons and prospects for the future development of the sector in Denmark.
