Danish gambling revenues up 37% in June thanks to Euro and online casinos

Date: 2024-08-09 Author: Robert Beloved Categories: PAYMENT SOLUTIONS
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The revenues for June were well above the DKK 513 million recorded last year. According to Danish regulator Spillemyndigheden, the total revenue includes sports betting, online casinos, land-based casinos and physical slot machines.

The sports betting market performed impressively, especially in the month when Euro 2024 kicked off. Sports betting revenues increased by 75.7% compared to last year, reaching DKK 271 million, of which 64.1% came from mobile betting.

Euro 2024 began on 14 June and ran until mid-July. The Danish national team reached the round of 16, but lost 2-0 to hosts Germany.

Online casinos nearly break record for revenue in June

While sports betting performed well, online casinos remain the main source of gambling revenue in Denmark, bringing in DKK 303 million. This is 27.2% more than last year and only slightly less than the record of DKK 310 million set in March.

Slots accounted for 76.4% of all online casino revenue for the month. Roulette accounted for 6.7% and blackjack for 6.6%, while bingo contributed 3.9% of the gross gaming revenue in this segment.

Land-based slot and casino revenue growth

In the retail market, revenue from physical slot machines was DKK 97 million, an increase of 6.6%. Of this, 79.2% came from gaming halls and 20.8% from restaurants.

Land-based casino revenue in June was DKK 32 million, an increase of 7.1% compared to last year.

More than 50,000 people have self-excluded from gambling in Denmark

In addition to the revenue data, Spillemyndigheden presented statistics on self-exclusion: 50,403 people used the Rofus platform to self-exclude.

Of these, 33,511 people banned themselves from gambling for life, while 16,892 chose a temporary exclusion. In addition, the StopSpillet support hotline received 32 calls, most of which were from men aged 26 to 35.

This significant increase in gambling revenue in Denmark in June demonstrates how major sporting events and the popularity of online casinos can significantly influence the market.
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