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Danish regulated gambling sites grew 40 percent over the last 2 years
Wednesday March 11,2015 : DANISH ONLINE GAMBLING STAKES RISE
The Danish online gambling regulator Spillemyndigheden reported this week that growing numbers of Danish gamblers are using its licensed sites, with wagering up 40 percent over the past two years.
One the reasons given for the popularity of online gambling is that licensed sites have become more efficient at providing "instant gratification."
HC Madsen, the head of one time monopoly Danske Spil, told the publication DR Nyheder:
“You play and quickly see if you have won, and you want the prize immediately.”
He added that Danish internet and mobile punters now have a wider choice of different types of gambling, ranging from bingo through casino gaming to sports betting.
In sports betting especially, players can bet on a wide choice of sports and even on incidents within those sports, Jacob Hansen, a gaming expert working for the publication Tipsbladet said, noting:
“Today you can place more than 100 wagers on a single match while it is in progress.”
Danske Spil lost its gambling monopoly three years ago, and today there are 29 different companies licensed to operate casino games, and 15 permitted to offer sports betting, The Copenhagen Post reports.
However, Danske Spil remains the market leader, although profits suffered from the competition and dipped 5.8 percent y-o-y in 2014.
Official 2014 figures from Copenhagen-based Spillemyndigheden show that betting generated GGR of Danish kronor1.78 billion (2013: DKK1.385 billion); online casino GGR reached DKK1.075 billion (2013: DKK990 million); and games with commission was down at DKK170 million (2013: DKK195 million).
Total GGR reached DKK2.855 billion (2013: DKK2.375 billion).
Danske Spil Bingo Moves to Microgaming -
The national lottery of Denmark, Danske Spil, is live on the Microgaming Bingo Network. Danske Spil, the Danish national lottery, is live on the Microgaming Bingo Network following a change to its licence conditions.
Quickfire live on Strendus -
Quickfire powered by Microgaming is extending its reach in the LatAm region with the signing of Strendus. Strendus is the online division of Logrand Entertainment Group. The group comprises several companies that operate gaming and entertainment establishments in Mexico, running 14 land-based casinos in total.
Quickfire content live on BetatHome -
Online gaming and sports betting company bet-at-home was founded in 1999. Today the company has 4.8 million registered customers around the world, offering sports betting, casino, live casino, Vegas games, poker and virtual sports.
Microgaming has donated £30,000 between four charities -
Gift of Giving provides Microgamingís customers the opportunity to vote for one of several charities in their region. In lieu of Christmas gifts, £30,000 is split equally between four global regions: Isle of Man, UK and Europe, Africa, and Rest of the World.
Entertainment Betting Odds: 90th Academy Awards -
The Shape of Water leads Sundayís 90th Academy Awards (8 PM ET, ABC) with 13 Oscar nominations, but when it comes to Best Picture, this highly-acclaimed film is a +140 second-favorite behind Three Billboards Outside Ebbing, Missouri at Ė115.
Fair Play Bets and QuickFire in Deal -
Fair Play Bets enjoys an unrivalled reputation for an outstanding player experience, with secure deposits and withdrawals, surprising casino bonuses and committed customer support. Fair Play Bets is licensed in UK, Malta and Curacao.
Cavaliers Aim to Take Down Wizards on 2/22/18 -
The Cleveland Cavaliers have looked like a different team since making their moves at the trade deadline. The Washington Wizards are up next for the Cavaliers, who will be at home after the All-Star break.
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