The Danish Gambling Authority issued an update of the country’s sports betting market, showing that year on year revenues for the month of April 2022 declined by 16.6%.
The industry was informed that takings on sports betting fell from DKK 222 million in April 2021 to DKK 266 million in April this year.
Nevertheless, it wasn’t all bad news from the authority, which said that April’s sports betting takings were still a marked improvement from March 2022’s numbers which stood at DKK 155 million.
This shows that the market is slowly climbing back from extremely low numbers overall.
Other points from the Danish Gambling Authority’s report:
- Sports betting earnings during the first quarter of this year declined 3.7% year on year.
- During the first three months of the year, land-based casinos and gaming machine operators had a very successful period. Gross gaming revenue – GGR – was reported to be DKK 589 million during this period.
- In April 2022, land-based casino revenues stood at DKK 35 million.
Danish Online Gambling Forecast
The authority expects the online gambling industry to meet more challenging times.
Total online casino revenue in April 2022 were reported to be DKK 242 million, a 5.4% decline compared to the same month last year, when earnings were DKK 256 million.
