Sports betting gives Denmark’s gambling market a boost in Q2-2018

News on 4 Oct 2018

Danish regulator Spillemyndigheden released Q2-2018 numbers Wednesday, revealing that sports betting in particular received a significant boost during the period from the World Cup football championships.

* Overall revenues in Q2 were up 11.5 percent y-o-y at DKK 1.63 billion ($248 million) and 7 percent higher than Q1-2018;

* Sports betting delivered a stellar revenue performance, rising 25 percent y-o-y to DKK 648 million, with a third of that generated offline;

* Mobile activity generated 48.7 percent of betting revenue, with desktop accounting for 17.6 percent percent;

* Betting turnover was also generated mainly from mobile (54.5 percent) with desktop accounting for 22.7 percent and land betting 22.9 percent;

* World Cup football betting soared 72.5 percent this year when compared with the same event four years ago, and bets were 13 percent higher on average than the 2016 European championship;

* Online and casino revenue rose 17.4 percent y-o-y to DKK 537.2 million, with slots the most productive at a 66.4 market share. 50.52 percent of slot action emanated from mobile use;

* The bulk of online casino revenue (69.2 percent) came from desktop activity;

* Multi-player commission games revenue (online bingo, poker tournaments and cash games) was up 12.4 percent at DKK 37.1 million, although down 9.5 percent on the immediately preceding quarter;

* Bingo revenue fell 2,8 million to DKK 12.2 million compared with the immediately preceding quarter. 77.4 percent of online bingo revenue came from desktop;

* Online poker revenue was also shy of the Q1-2018 figure dipping DKK 3 million to DKK 25 million;

* Land-based gaming machines created revenue of DKK 353.8 million, 8.7 percent down y-o-y, continuing the established downward trend;

* The seven land-based casinos posted a 4 percent y-o-y decline at DKK 91.5 million;

* On the self-exclusion front, the numbers rose to 15,322 by August this year – a rise over the eight months of 4,149 , with 69 percent of self-excluders choosing permanent exclusion.

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Sports betting gives Denmark’s gambling market a boost in Q2-2018

News on 4 Oct 2018

Danish regulator Spillemyndigheden released Q2-2018 numbers Wednesday, revealing that sports betting in particular received a significant boost during the period from the World Cup football championships.

* Overall revenues in Q2 were up 11.5 percent y-o-y at DKK 1.63 billion ($248 million) and 7 percent higher than Q1-2018;

* Sports betting delivered a stellar revenue performance, rising 25 percent y-o-y to DKK 648 million, with a third of that generated offline;

* Mobile activity generated 48.7 percent of betting revenue, with desktop accounting for 17.6 percent percent;

* Betting turnover was also generated mainly from mobile (54.5 percent) with desktop accounting for 22.7 percent and land betting 22.9 percent;

* World Cup football betting soared 72.5 percent this year when compared with the same event four years ago, and bets were 13 percent higher on average than the 2016 European championship;

* Online and casino revenue rose 17.4 percent y-o-y to DKK 537.2 million, with slots the most productive at a 66.4 market share. 50.52 percent of slot action emanated from mobile use;

* The bulk of online casino revenue (69.2 percent) came from desktop activity;

* Multi-player commission games revenue (online bingo, poker tournaments and cash games) was up 12.4 percent at DKK 37.1 million, although down 9.5 percent on the immediately preceding quarter;

* Bingo revenue fell 2,8 million to DKK 12.2 million compared with the immediately preceding quarter. 77.4 percent of online bingo revenue came from desktop;

* Online poker revenue was also shy of the Q1-2018 figure dipping DKK 3 million to DKK 25 million;

* Land-based gaming machines created revenue of DKK 353.8 million, 8.7 percent down y-o-y, continuing the established downward trend;

* The seven land-based casinos posted a 4 percent y-o-y decline at DKK 91.5 million;

* On the self-exclusion front, the numbers rose to 15,322 by August this year – a rise over the eight months of 4,149 , with 69 percent of self-excluders choosing permanent exclusion.

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