DANISH BETTING INCOME DOWN 5 FOR Q1

Danish betting income down 5 for Q1
By Xforeal / on 14 May, 2020

The Danish Gambling Authority (DGA) has detailed a 5% year-on-year decline in complete Danish betting income for Q1 2020.

In its Q1 report, complete gross gaming income (GGR) for land-based and internet, barring lotteries, dropped to DKK 1.53bn ($221.4m).

The greatest income creating vertical was sports wagering, with GGR up 3% from a year ago to DKK 635m, trailed by online club, which was down 1% to DKK 555.

The greatest fall was with gaming machines, with GGR declining 21% to DKK 278m, while land-based club GGR dropped 20% to DKK 66m, affected by Denmark being one of the primary European nations to present lockdown measures, on 13 March.

For games wagering, portable represented 52% of the countrys absolute GGR at DKK 329.6m, with 33% or DKK 209.9m originating from land-based.

Slots represented 74% of all out online gambling club GGR at DKK 410.5m, with land-based gambling clubs seeing normal day by day GGR sum to DKK 732,900.

Earlier this week, DGA insights indicated that, from 9 March to 3 May, wagers made with administrators in Denmark diminished 60% from a similar period a year ago, showing the effect of the coronavirus.

However, online gambling club stores rose 2% from 2019, in spite of the fact that the DGA said it was too soon to state if Danes had moved from land-based to internet wagering.