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.