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.
Apr 17, 2019
Since its beginning and during the years of rapid progress, casino industry has passed through many restrictions.
Nowadays we can see a clear tendency towards legalization of online gambling.
The legalization of...
Apr 04, 2019
Many people across the world tend to spend most of their free time playing casino games. Instead of loosing time and money for visiting land based casinos most gamblers enjoy the activity from the comfort of their own...
Mar 27, 2019
The big variety of games is a typical feature of most top online casinos. Among the rich selection players can choose from online slots, table games, cards games such as Poker, Roulette, Blackjack, Baccarat and many...
Mar 19, 2019
Thinking back of the history we can admit that many gambling activities originated in Europe. Many of the first casinos were built in Europe. Additionally to this, the most popular table games were created in Europe....
Mar 12, 2019
The common element sport and gambling have is winning. The will to win provides the spirit of adventure and challenge.
Famous athletes enjoy gambling as a form of entertainment as any other regular players
Just like...
Mar 03, 2019
Online casino gambling has become one of the most popular form of entertainment all around the world. Many players start the adventure just for fun with the range of quality games available, others enjoy the winnings...
