In January 2023, Denmark’s gambling sector demonstrated remarkable growth, buoyed by a 15.9% year-on-year increase in gross gaming revenue. The Danish Gambling Authority reported that revenue across all gaming segments, including betting, online casinos, gaming machines, lotteries and land-based casinos, amounted to DKK 595m (£69.82m), a substantial improvement from the previous year’s DKK 513m (£60.2m).
Title: Danish Gambling Market Flourishes in Early 2023 with a 15.9% YoY Uptick
In January 2023, Denmark’s gambling sector demonstrated remarkable growth, buoyed by a 15.9% year-on-year increase in gross gaming revenue (GGR). The Danish Gambling Authority reported that revenue across all gaming segments, including betting, online casinos, gaming machines, and land-based casinos, amounted to DKK 595m (£69.82m), a substantial improvement from the previous year’s DKK 513m (£60.2m).
Danish Gambling Market in 2022
This growth can be attributed primarily to the reopening of land-based casinos and gaming machines in January 2022 after COVID-19 restrictions were lifted. The iGaming sector claimed the largest share of GGR with DKK 256m (£30m), a minor decline from the previous year’s DKK 263m (£30.86m), representing a 43.05% share.
Betting came in second, experiencing an 8.34% drop in GGR to DKK 209m, occupying a 35.18% share. However, gaming machines and land-based casinos saw impressive growth of 81% and 27%, with revenues of DKK 103m and DKK 27m, respectively.
The Danish Gambling Authority is now providing monthly statistics and data related to the self-exclusion register (ROFUS) and compulsive gambling helpline (StopSpillet). Currently, 39,863 individuals are registered with ROFUS, 75.86% of whom are male and 24.14% female. Interestingly, females make up 70.6% of StopSpillet users, while males account for the remaining 29.4%.
Regarding gambling preferences, online casinos topped the list at 37.9%, followed by online betting at 34.5%. Other segments include online poker (6.9%), physical betting (6.9%), physical slot machines (6.9%), other activities (3.4%), and the lottery (3.45%). Crypto Casinos and Web3 lotteries were not accounted for in the report.
