Danish GGR rose 22.8% in November as year-to-date figures fall on Covid impact
The casino vertical, both online and land-based, as well as gaming machines, saw a downturn in revenue month-over-month in November, which was offset by a sharp uptick in the GGR generated by sports betting.
Betting GGR in November totalled DKK252m, close to double the DKK131m generated in October. The figure was also up more than 50% on November 2020 (DKK166m).
This figure brought total GGR for the vertical to DKK2.63bn during the first 11 months of 2021, up 7.7% on the same period in 2020.
GGR from online casino was up 10.1% on November 2020 at DKK218m, however this represented a 9.5% decrease month-over-month when compared to October’s total of DKK241m.Still, the first 11 months of the year saw online casino generate DKK2.99bn, up 13.0% on the DKK2.64bn generated in the same period in 2020.
It seems the pandemic will continue to impact Danish land-based GGR into 2022.
The regulator confirmed today (13 January) that a period of closure which began in December will continue for gaming halls and casinos until at least 31 January. The closures were initially scheduled to end on 16 January.Land-based casinos followed the pattern of online casino, with an increase in GGR on a year-on-year basis of 14.3% to DKK32m in November, which represented a month-over-month decline of 15.8% compared to October’s figure.
The first 11 months of 2021 also saw land-based casino GGR take a downturn, after four months without recording any revenue at the beginning of the year. The year-to-date total came to DKK440m, down 23.4% compared to 2020.
Adding the figures together across all verticals, operators generated a total of DKK604m during the month, up 22.8% from the DKK492m generated in the same period of last year.
This brought the total GGR generated during the first 11 months of 2021 to DKK7.75bn, down from DKK7.99bn during the same period in 2020.