DOM 5 DE MAYO DE 2024 - 11:50hs.
Up 9% year-on-year

Sports betting drives Denmark growth

In an update from the Spillemyndigheden regulator, it was revealed that overall sports betting revenue was up 9% year-on-year to US$92 million in the three months to September 30. The rise in revenue came despite a drop in stakes of almost 5%.

Land-based wagering accounted for only 33% of betting revenue, more than desktop online revenue (16%), but much less than mobile channels (51%).

Mobile platforms accounted for 54% of all stakes in Denmark, with desktop at 22% and 24% with land-based bookmakers.

Overall revenue from both online and land-based sources came to US$240 million, up 9.3% from the same period last year and up 2.4% from Q2 2017.

Denmark’s regulated online casino (including poker) revenue was at US$73 million, up nearly one-fifth year-on-year but almost identical to the Q2 figure.

Online poker revenue totalled just US$5.1 million, down 6% year-on-year and a fourth straight quarter of decline.

Source: GMB / iGaming Business