World Cup buoys sports betting figures as Danish market grows 11.5%
Sports revenues up 25%, with casino growing 17% year-on-year
Danish regulator Spillemyndigheden has revealed that Danish market revenues increased by 11.5% year-on-year during the second quarter of 2018.
Overall revenues in Q2 increased to DKK1.63bn (£193.6m), 7% higher than the previous quarter.
Sports betting revenues rose 25% year-on-year to DKK648m (£77m) with 48.7% coming through mobile, 17.6% from desktop, and the remaining 33.6% from land-based bookmakers.
The bulk of this activity occurred during the FIFA World Cup in Russia, with betting increasing 72.5% this year when compared with the 2014 World Cup, and bets were on average 13% higher on average than the 2016 European championship.
Online casino revenues rose 17.4% year-on-year to DKK 537.2m (£63.8m) during the quarter, with 69.2% of that revenue generated from desktop egaming.
Slots based gaming continues its domination of online casino generating a 66.4% market share. Of existing slots egaming market share, 50.52% of this was generated using mobile devices.
Online poker revenues fell to DKK25m (£2.97m) during the quarter, while bingo revenues also fell during the period to DKK 12.2m (£1.45m).
The number of people choosing to self-exclude under the Danish self-exclusion regime ROFUS rose by 15,322 during the second quarter of 2018, with 69% of self-excluded individuals choosing to permanently exclude themselves from gambling.