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Danish sports betting and online casino Earnings up

Thursday October 30,2014 :  DANISH SPORTSBETTING AND CASINO MARKET PERFORMS
 
But poker continues its downward trend
 
Danish gambling regulator Spillemyndigheden released sports betting and online casino results this week, pointing to its strongest quarter since the sector's liberalisation in January 2012.
 
Third quarter data, based on duty payments made by license holders, saw gross gaming revenue (GGR) from sports betting reach DKK 495 million (GBP 52.4 million), the result partly attributed to FIFA World Cup 2014.
 
GGR from online casino showed steady growth of around 10 percent to DKK 265 million (GBP 28 million), as has been the trend in previous quarters.
 
Online poker yielded a GGR of DKK 40 million (GBP 4.2 million) down from the comparative period in 2013 of DKK 45 million.  15 percent of online casino license GGR was driven by online poker during Q3/2014.  In Q1/2012, more than 30 percent was driven by poker, confirming the declining trend of the offer.
 
Spillemyndigheden says it estimates total gross gaming revenue to reach DKK 2.870 million (GBP 303.8 million) for 2014 but cautions the estimate is subject to revision.
 
Other interesting market stats include:
 
-  Currently, 31 licence holders hold 15 licences to provide betting and 29 licences to provide online casino in the Danish market.
 
-  9 online casino licences and 7 betting licences reached a GGR below DKK 5 million in 2013.
-  10 online casino licences and 3 betting licences reached a GGR above DKK 25 million in 2013.
 
-  From June 2012, the ROFUS registry for voluntary exclusion has grown to 4000.  Around 70 percent have excluded themselves permanently, while the rest have excluded themselves for 1-6 months.  More than 75 percent of those registered are male.

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Gambling News :

Tain Fast Bet - Our readers will recall Tain recently increased the number of live events it covers each month to 23,000, covering both traditional markets such as football, tennis and US sports and the more obscure curling, biathlon and Water Polo.

Olympic Entertainment Group Mobile Gaming - In its full-year 2016 report, Olympic Entertainment Group (OEG) has informed the establishment of a Malta-based company registered to facilitate its intended expansion into remote gambling.

Circus Evolution HD Slot - Malta-based content provider World Match has released its first title of 2017, “Circus Evolution HD”, a 5-reel, 3-row, circus-themed adventure offering Free Spins, Wilds and a Bonus Game.

Kindred Group Gets EU Recommendation on Consumer Protection - Kindred Group (formerly Unibet) has become the first operator to successfully meet the requirements of the EU Recommendation on Consumer Protection and Responsible Gambling following an external audit.

17 Crown people still detained - Reports from China over the weekend suggest that the 17 Crown people still detained could be looking at another twelve months of imprisonment as investigations into their alleged and still unspecified crimes drag on

SB1400 Virginia Poker Skill Game Bill - Her bill SB1400 is currently with the Senate General Laws and Technology Committee, whose 15 members will decide whether to progress it or condemn the Senator to another year of failure.

Pennsylvania Video Gaming Association - With the focus on Pennsylvania as the most likely next US state to legalize online gambling as part of a general gambling expansion measure, reporters noted this week the emergence of a new lobbying group in the state - the Pennsylvania Video Gaming Association.

Stiffer Problem Gambling Penalties in UK - The Guardian newspaper reports that the UK Gambling Commission plans to unveil new enforcement strategies on problem gambling and money laundering prevention this month, laying down tougher penalties for operators who fail to tackle these issues.

Malaysian police Destroy over 5000 Gambling Computers - Malaysian police in Kajang have destroyed 5,042 computer sets seized in online gambling raids over the past two years, explaining that the action is designed to take the machines out of circulation.

Spartan Poker vs SpartanPoker name War - Pokerguru, which owns the brand SpartanPoker.com, has threatened to sue the Indian Poker Championship over its use of the title Spartan Poker, and recently published a notification that it is not associated with the IPC version of the brand.

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