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Denmark Records DKK 525m In GGR For March 2022

Posted on April 30, 2022April 30, 2022 by Ronald Lowe

Denmark’s gross gaming revenue (GGR) for March experienced an almost 30% year-on-year rise, according to figures published by the Danish Gaming Authority (DGA).

GGR climbed to DKK 525m ($74.5m) amid an ongoing resurgence from the Nordic country’s land-based sector.

After a dramatic drop-off in January, March saw gaming machines generate DKK 110m of revenue.

Although this is less than the February GGR increase of DKK 22m to DKK 110m for gaming machines, it still continues its upward trend.

Land-based casinos, meanwhile, saw GGR climb from February’s DKK 31m to DKK 34m, making March 2022 the joint fourth best-performing month in the segment’s history.

But while in-person gambling has gone from strength-to-strength, March saw betting continue the downward trend that, despite a slight uptick for January, it has been on since last November.

Betting produced DKK 155m in revenue, falling from February’s DKK 184m, which in turn fell from January’s DKK 228m.

The online casino sector did better. GGR generated from this region in March was DKK 226, the fourth-highest amount since July.

What’s more, online casino revenue was up by 5.6% from February’s DKK 214m, though it remains below December and January’s over DKK 260m figures.

Online casino revenue declined 7.4% year over year in March. Meanwhile, betting GGR fell by 3.7%.

Overall, last month saw Denmark’s gambling sector grow considerably when compared to March 2021, despite a revenue drop from February, when total GGR amounted to DKK 538m.

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