{"id":3657,"date":"2020-02-19T10:14:36","date_gmt":"2020-02-19T10:14:36","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=3657"},"modified":"2026-04-24T07:45:32","modified_gmt":"2026-04-24T10:45:32","slug":"denmark-online-casino","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/denmark-online-casino","title":{"rendered":"Online gaming drives Denmark\u2019s growth in 2019"},"content":{"rendered":"\n

The performance from the online casino segment in Denmark has driven the financial results for 2019.<\/p>\n\n\n\n\n\n\n\n

Denmark.- Danish regulator\u00a0Spillemyndigheden<\/em><\/strong>\u00a0has released the financial figures from the fourth quarter and full 2019. Last year, online casino\u2019s performance helped the overall industry in Denmark achieve good results.<\/p>\n\n\n\n

Total revenue in Denmark totalled \u20ac879 million, representing a 1.8% increase from 2018. Sports betting accounted for \u20ac334 million or 38.1% of the total, but it represents a 1% setback from the previous year. In the fourth quarter it registered a 6.5% decline, completing the last three quarters in revenue decreases.<\/p>\n\n\n\n

Online casinos\u2019 gross gaming revenue (GGR) rose 8.1% to \u20ac311.8 million and was the only vertical to register a year-on-year increase in 2019. Every quarter posted an increase, but the second quarter was the top performer with an 18% revenue rise.<\/p>\n\n\n\n

Slots accounted for 72.2% of the total revenue, way ahead of roulette\u2019s 10.4% and blackjack\u2019s 8.3%. Bingo accounted for \u20ac12.7 million in 2019. The land-based sector saw revenue decline 1.7% to \u20ac46.5 million.<\/p>\n\n\n\n

Denmark to increase iGaming tax<\/strong><\/h4>\n\n\n\n

Denmark\u2019s Social Democratic government approved<\/em><\/strong><\/a> in December this year\u2019s Finance Act. The new budget in Denmark increases taxes for iGaming and sports betting providers by 8%, which brings the total to 28%.<\/p>\n\n\n\n

The government believes that increasing the taxes to 38% will make them perceive an extra \u20ac20.1 million in profits into government coffers, Xinhua reported. The measure received support from Unity List, Radicals, SF and the Alternative Party.<\/p>\n\n\n\n

The government decided to increase the taxes for iGaming and sports betting operators as it believed that it was significantly lower than the one land-based casinos pay. A 45% on gaming gross revenue (GGR) tax is paid by casinos and an extra 30% on revenue higher than \u20ac535k.<\/p>\n","protected":false},"excerpt":{"rendered":"

The performance from the online casino segment in Denmark has driven the financial results for 2019.<\/p>\n","protected":false},"author":2,"featured_media":3661,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"The Danish iGaming market reported \u20ac879 million in total revenue for 2019, a 1.8% increase, primarily driven by an 8.1% rise in online casino GGR to \u20ac311.8 million, while sports betting and land-based sectors declined. Concurrently, the Danish government has approved a Finance Act increasing the iGaming and sports betting tax rate from 8% to 28% to generate an additional \u20ac20.1 million, citing a disparity with land-based casino taxation.","focusai_entities":"Spillemyndigheden, Social Democratic government, Unity List, Radicals, SF, The Alternative Party, Xinhua","focusai_location":"Denmark","focusai_target_profile":"ceo_executive (0.9), regulator (0.95), compliance_legal (0.85), operator_casino (0.95), affiliate_publisher (0.7), marketing_crm (0.75), investor_analyst (0.9), supplier_vendor (0.7), journalist_researcher (0.95)","focusai_suggestions":[{"label":"Tax Impact Analysis","query":"What is the projected net revenue impact for major Danish iGaming operators following the GGR tax increase from 8% to 28%, considering potential shifts in player value and marketing spend?"},{"label":"Vertical Performance Outlook","query":"Given the divergent performance of online casino and sports betting in 2019, what strategic adjustments are anticipated from operators in their product development and marketing investments for the Danish market?"}],"footnotes":""},"categories":[28,16331],"tags":[4138],"class_list":["post-3657","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-casino-news","category-elsewhere-news","tag-online-gambling"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/3657","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=3657"}],"version-history":[{"count":2,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/3657\/revisions"}],"predecessor-version":[{"id":777010312,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/3657\/revisions\/777010312"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/3661"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=3657"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=3657"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=3657"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}