Spotlight on Denmark online gambling market GGR
Friday, March 17, 2017 - 14:35
For Spillemyndigheden, the Danish gambling regulator, the growth in the country’s online casino market was one of the main reasons for the gross gaming revenue annual increase in 2016.
"A Gross Gaming Revenue of DKK8.9 billion in 2016 for Denmark’s gambling market."
This beats the 2015’s GGR of DKK8.4 billion by 6%.
A GGR of DKK3.7 billion (€5 billion/$5.3 billion) was brought in the last 12 months by the sports and online gambling sectors, which compared to the amount generated in 2015 is a 13% surplus.
The market of sports betting
The increase of the total sports betting market was 8.8% compared to 2015, which finished 2016 with a strong DKK2.2 billion in GGR. DKK1.4 billion of this was made by the online betting market, while the overall amount caught everyone by surprise considering the low profitability during the fourth quarter.
In the center of the spotlight during 2016 was the online casino as according to Spillemyndigheden it was the one area that got the most growth. This market GGR mounted up by nearly 24% and brought in DKK1.4 billion. Hence, if you choose your Danish best online casino, you won’t regret it.
Online slots were one of the biggest motivators for the total growth observed according to the Danish Gambling Regulator as in 2016 it made up 72% of internet gaming.
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