Denmark reports record online casino revenue of €35.4m in December with land-based gambling venues in lockdown
Betting was the next largest contributor, bringing in DKK2.42bn, up 5.1%, while the country’s gaming machines — Denmark’s third largest vertical by revenue — saw GGR fall 22.4% to DKK765m.
The land-based casino sector also suffered during the period, with GGR for the vertical falling 7.2% to DKK219m.
Results in Denmark’s land-based and retail sectors continued to be negatively affected by closures enforced throughout 2021 in response to the Covid-19 pandemic.
The most recent period of closure, which began in December 2021, ended yesterday (1 February), as the Danish government removed all Covid-related restrictions for hospitality and entertainment businesses.The impact of the closures can be seen in December’s monthly results, which showed that gaming machine revenue was down 49.0% compared to November, at DKK52m.
Land-based casinos, meanwhile, brought in just DKK14m in December, 56.3% behind November’s total.
Year-on-year, both land-based verticals performed marginally better than in December 2020, during which time Denmark also implemented forced closures.GGR in the betting vertical was also down in December on a month-over-month basis. At DKK209m, revenue came in 17.1% lower than in November 2021.
December was however a bumper month for the online casino vertical. The sector generated an all-time record of DKK263m in revenue, 20.6% ahead of November’s GGR.
Online casino appears to be on a steady growth path in Denmark, with December 2021 revenue also representing an annual increase of 11.9%.
Betting, meanwhile, seems to be waning somewhat in the country, with December’s revenue not only coming in behind November, but also 18.4% lower than last year.