Danish gaming revenue falls despite record land-based figures in October

| By Nosa Omoigui
Danish gaming regulator Spillemyndigheden has reported gaming revenue figures of DKK525m (€70.6m/£60.2m/$79.9m) for October, representing a 25.6% decrease on the same period last year.

This was despite the fact that October saw a Danish land-based casino revenue record of DKK38m – up from DKK32m in October 2020 and up from the DKK35m recorded in September.

Sports betting suffered the most compared to last year, dropping 56.9% to DKK131m. For the year to date, sports betting revenue stands at DKK4.25bn – down 3.2% from 2020.

Online casino revenue has remained at a steady level compared to last year, dropping slightly from DKK242m to DKK241m. The €4.82bn of online casino revenue for the year compares favourably to the same point in 2020 as its up 8.7%.

Revenue from slot machine arcades was DKK115m, the highest figure recorded in 2021 so far. However, this still represents a 10.2% decrease from October 2020 when slot revenue was DKK128m.

Slot machine revenue for the year currently totals DKK1.60bn, a 28.6% decrease from 2020 owed to venue closures in the first three months of 2021.

Overall revenue experienced a month-on-month decline, dropping 7.1% from the figure recorded in September.

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