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Denmark’s online gambling market Growth
Wednesday December 2,2015 : GROWTH FOR DANISH MARKET IN THIRD QUARTER RESULTS
GGR estimated to reach DDK 7,750 in FY2015
Denmark’s online gambling market has grown in the third quarter compared to the same period 2014 but still lags behind Q2/2015 results in terms of gross gaming revenue (GGR), the Danish gambling authority Spillmyndigheden reports.
Betting GGR amounted to DKK 560 million, (Q3/2014: DKK 495 million) showing strong growth compared to both the third quarter 2014 and the second quarter 2015.
Online casino grew almost 25 percent over Q3/2014 to DKK 330 million, exceeding an annual average growth rate of 10 percent in 2014.
Total gross gaming revenues for the third quarter amounted to DDK 890 million (Q3/204: DDK 760 million) exceeding Q2/2015 in which GGR was reported as DDK 805 million.
Gaming machine GGR came in at DDK 385 million (Q3/2014: DDK 370 million) down from the previous quarter results of DDK 415 million.
Land-based casino reported their best quarter since 2012 with revenues amounting to DDK 95 million (Q3/2014: DDK 80 million).
Spillemyndigheden expects full year total GGR of DDK 8,350 million compared to 2014’s yield of DDK 7,750 million.
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Gambling News :
Update on Anti Online Gambling bill S.3376 -
More detail is emerging on Senate bill S.3376 and its author, Senator Tom Cotton, indicating that Cotton has in the past (2015) signed as a sponsor for Sheldon Adelsons Restoration of Americas Wire Act and opposes the legalisation of online gambling in the United States.
Anti Gambling bill S. 3376 -
#s3376 Industry observers were taken by surprise late Friday when a little-known Republican Senator from Arkansas, Tom Cotton, filed the beginnings of a new bill in the US Senate Committee on the Judiciary in what appears to be a move to toughen the US legal stance on the Unlawful Internet Gaming Enforcement Act of 2006 and possibly the 1961 Wire Act.
2016 WPT Borgata Main Event Results -
@MrJesseJames888 Four years ago the poker world watched as Jesse Sylvia and Greg Merson fought it out in the heads up of the World Series of Poker main event, with Sylvia narrowly defeated but taking home a second placing pay check for $5,292,889.
G-Sports debuts with the game Road Redemption -
#esports Land, online and mobile gambling publisher Gamblit Gaming has debuted in the burgeoning eSports sector, unveiling its new eSports platform branded G-Sports with the hit PC and console game Road Redemption.
French licensed gambling operators lost $5M in 2015 -
#france Numbers released by the French online gambling regulator ARJEL have illustrated the continued folly of a ring-fenced and restricted online gambling market saddled with a harsh and operator-unfriendly tax regime.
NO PRIVATISATION FOR ONTARIO LOTTERY -
The privatisation of the Ontario provincial lottery will not go ahead despite proposals by major companies like IGT-GTech, Scientific Games and Rogers Communications submitted in response to the provincial government’s 2014 Request for Proposals.
Space Invaders wins Best Slot Product Award -
The growing emphasis on skill-based slot machines that are more appealing to the millennial demographic has seen Scientific Games awarded a Best Slot accolade for its Space Invaders game at the 2016 Gaming and Technology Awards.
NEW MARKETING CAMPAIGN FROM LADBROKES -
The Ladbrokes land and online gambling group has launched its latest marketing campaign, with the first television advertisements ready to screen this Saturday.
Gamesys acquires Snowcat Games -
London online gambling provider Gamesys has announced the acquisition of Estonian online gambling games developer Snowcat Games for an undisclosed consideration, noting that the deal will strengthen its development capabilities.
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