Monday March 25,2013 : DANISH GAMBLING AUTHORITY REPORTS ON MARKET
First report since market liberalisation
The Danish Gambling Authority has published its first Annual Report since the liberalisation of online casino games and betting in 2012.
Key aspects and indicators for the online sector include:
- Betting comprises 15.7 percent of the total market (DKK 1.175 million)
- Online casino 11.6 percent (DKK 870 million)
- Gaming Machines 24.3 percent (DKK 1.820 million)
- Land Based Casinos 4.6 percent (DKK 345 million)
- Danske Lotteri Spil 36.1 percent (DKK 2.710 million)
- Klasselotteriet 3.1 percent (DKK 235 million)
- Other Lotteries 4.6 percent (DKK 345 million)
The total market was estimated by Danish authorities to be worth DKK 7.500 million of which Danske Spil holds the major share of total gross gambling revenue in Denmark with a share of over 35 percent.
During its first year, 39 licence holders provided online casino games and/or betting which yielded a total gross gambling revenue of almost DKK 1,175 million. Online casino in isolation delivered around DKK 870 million in 2012, corresponding to total gross gambling revenues of around DKK 2.045 million.
The DGA said while gross gambling revenue of both betting and online casino games developed steadily, Quarter 4/2012 proved to be the strongest for betting whereas online casino games experienced a relatively weak first Quarter 2012.
Anticipated events such as the European Football Cup and the Olympic Games did not make a clear impact on gross gambling revenue despite overall turnover being typically higher than normal due to additional activity by players. Higher gross gambling revenues did not result as providers offered better odds and special promotions to attract new punters, said the Authority.
Of the 39 licenced gambling providers, who in aggregate hold 58 licences, 26 recorded gross gambling revenues of less than DKK 5 million whereas 13 licence holders recorded above the DKK 25 million mark.
The full report can be read at: http://www.skat.dk/getFile.aspx?Id=104843