Danish Regulator Reported Market’s Financial Results for July

By | September 9, 2021

Spillemyndigheden, the Danish gambling regulator, has published financial news about the market for July 2021.

The watchdog has provided the GGR of such gambling industry sectors as sports betting, slot machines, iGaming, and land-based casinos.

Slots and land-based casinos showed the best results in July

According to the report, arcade machines and brick-and-mortar casinos were the most much-in-demand among the Danes. Thus, slots have generated revenue of DKK109 million in July, which is more than in previous months. However, taking into consideration the period from January 2021 to July 2021 with the total GGR of DKK273 million, there is still a drop by 45% in comparison to 2020. The same situation is with the land-based casino sector, the gross gaming revenue of which is DKK31 million (July). It is an increase in comparison to the previous month, but the vertical’s total GGR for seven months has decreased by almost forty percent.

The Danish sports betting market had ups and downs, according to the gambling online magazine Login Casino and the data from the regulatory body. In April 2021, its revenue spiked to DKK266 million and dropped again in the following months. July gave a boost to it, and it reached DKK235 million. The bookmaking industry, however, generated by 20.7% bigger GGR for seven months in 2021 than in 2020.

Online casinos have become more popular as their overall profit for the specified period is by sixteen percent more than in the previous year. July’s income is DKK229 million.

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