Danish online casino revenues soar 25%
Casino GGR from the regulated Danish egaming market increases to DKK330m during Q3
The Danish online casino market continued its double-digit growth during Q3 2015 after reporting a 25% year-on-year rise in gross gaming revenue (GGR).
According to figures released by the country’s regulator, revenues from the vertical for the three-month period grew to DKK330m (£31.1m), up from DKK265 (£24.9m) in the same period last year, while sports betting also recorded modest growth.
The Danish Gaming Authority (Spillemyndigheden) continues to report online and land-based sportsbook revenues combined, but figures for the vertical in total show revenues increased 5% year-on-year to DKK560m (£52.7m).
GGR for games with commission, which includes online poker, stagnated year-on-year during Q2 with revenues remaining at DKK40m (£3.8m).
The total Danish gambling market, including online and offline, grew from DKK760m (£71.5m) to DKK890m (£83.7m) in Q3 2015.
The latest quarterly results released by Spillemyndigheden come after 888 recently announced its entry into the Danish market with a full suite of products after being granted an operating licence by the regulator for the second time.