News Order Online 30 March 2022
Danish GGR rose 16% in January and February, respectively
Denmark generated DKK 1.05bn ($157m) gross gaming revenue (GGR), an increase of 16% over the previous period in 2021.
Unlike their prior-year counterparts, January and February 2022 saw gaming machines and land-based casinos return to revenue generation, driving modest year-on-year growth despite slight declines in GGR from the country’s iGaming and betting sectors.
Two-months of betting revenue was DKK 412, down 3.7% compared to January and February 2021. However, online casino revenues declined by 0.2%, from DKK 476m up to DKK 475, respectively.
These declines were almost entirely attributable to February’s performance. The same month of 2021 saw DKK 221m in betting, and DKK 218m from online casinos.
These figures, however, were down 17% and 22%, respectively, to DKK 184m and DKK 214m, respectively.
The decline occurred despite the modest increase in both online and offline gambling revenue for January. In January, betting produced DKK 228, more than 10% higher than in January 2021. Online casino revenues were DKK 261, an increase of approximately DKK 3m year-on year.
Nevertheless, these minor decreases were offset by a major rise in gaming machine GGR, which jumped nearly 400% from DKK 22m to DKK 109m between January and February, bringing the segment’s two-month total to DKK 131m.
This was a more than 40,000% increase over the previous-year’s record. Land-based casinos also reopened in February and generated DKK 31m, although they did not generate any revenue due to Covid-19 closures.
These latter two segments were both adversely affected by the Covid-19 pandemic, with Denmark’s gaming halls and brick-and-mortar casinos remaining closed for much of last year.
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