Danish gambling revenue falls 9.3% in 2020

Revenue from the regulated sector fell to DKK5.96bn (€801.8m).

Denmark.- Gambling revenue fell 9.3 per cent year-on-year to DKK5.96bn (€801.8m) in 2020, according to figures from the national regulator, Spillemyndigheden.

The decline throughout the year was due to the closure of land-based venues from March to June and again in November due to the Covid-19 pandemic as well as the lack of sports.

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Online casino was the only vertical to see growth, with revenue up 5 per cent to DKK2.45bn, but even that was the lowest year-on-year rise since igaming was regulated in Denmark in 2012.

Online slots brought in DKK1.82bn for the full-year, accounting for 74.4 per cent of all igaming revenue. Roulette came second way back at DKK231.9m (9.5 per cent), followed by blackjack with DKK166.6m (6.8 per cent).

Sports betting revenue fell 8.5 per cent year-on-year to DKK2.50bn, although the last three months of the year saw record quarterly revenue of DKK724m, up 16.6 per cent year-on-year, due to the late start to the football season.

Mobile sportsbooks’ share of the market grew, accounting for 51.5 per cent of sports betting revenue, while 33.7 per cent came from retail outlets.

Revenue from land-based slots fell 29 per cent to DKK986m, while land-based casino revenue fell 31.5 per cent to DKK239m.