Denmark’s Online Casino, Betting Declines as Retail Reopens

Best Online Casino Sites Malaysia, Best Betting Sites Malaysia, Best Online Betting Sites Malaysia, Best Sports Betting Sites Malaysia

Figures released Friday by Denmark’s Spillemyndigheden regulatory agency show locally licensed gambling operators generated revenue of DKK1.53b (US$244.2m) in the three months ending September 30, a 4.9% decline from the same period last year but a significant improvement from the DKK1.16b generated in Q2 2020.

Land-based casinos were the only vertical to post annual growth in Q3, a healthy 6% rise to DKK87m, while the nation’s slots halls were basically flat at DKK334m. Apparently, the pandemic lockdown created some pent-up demand amongst technophobic Danes, so it will be interesting to see if this trend is more than just momentary overcompensation.

Online casino revenue slipped nearly 2% to DKK555m, with slots accounting for 74% of this sum, up around 1.6 points year-on-year. Roulette claimed nearly 10% while blackjack took a 7% slice. Desktop computers continue to fall out of favor with casino players, falling 4.5 points year-on-year to 40.4% in terms of stakes.

Q3’s online casino revenue decline was far greater (-17.5%) from Q2’s total, adding weight to Spillemyndigheden’s previous claims that Danish gamblers weren’t freaking out and gambling away the rent money due to pandemic lockdown boredom.

Sports betting took Q3’s biggest hit, falling just over 11% to DKK558m. Digital channels accounted for nearly two-thirds of all betting revenue, with mobile’s share coming in a smidgen over 50%. These proportions underwent only modest revision from Q3 2019 but desktop’s share was less than half its Q2 2020 total, likely reflecting the reopening of land-based betting halls following their original pandemic lockdown.

Denmark’s ROFUS self-exclusion program for problem gamblers had 24,321 names on its register as of September, up from 19,785 at this point last year but only around 850 more from the end of Q2. ROFUS recently got a public makeover via a new logo, which includes a ‘pause’ icon to ensure nobody misses the point.

The end of Q3 saw the start of the staggered rollout of the state-run Danske Spil’s new Sikkert Spil (Safe Play) player ID system for all its land-based gambling options. The system has now been installed across the country, so as of this week, players looking to gamble will have to present either their physical Game ID or the mobile app version.

Danske Spil claims the new system will allow for enhanced monitoring of potential problem gambling activity, prohibit underage Danes from accessing gambling products and making it tougher for criminals to launder money or manipulate sports results.

Top-rated Sites
BK8 | Best Betting Site Malaysia | Online Betting Site Malaysia | Best online sport betting site Malaysia
BK8

BK8 adalah salah satu platform gaming online terkemuka di Asia yang menawarkan Taruhan Olahraga, Kasino Langsung, Poker, Slot, E-Olahraga, dan Lotere. BK8 terpilih sebagai Kasino Online Terbaik di Asia pada tahun 2017.

W88 | Best Betting Site Malaysia | Online Betting Site Malaysia | Best online sport betting site Malaysia
W88

W88 adalah sponsor utama Crystal Palace FC dalam Liga Primer Inggris. W88 dikenal karena dapat dipercaya, bonus yang murah hati, dan berbagai pasar dengan peluang kompetitif

M88 | Best Betting Site Malaysia | Online Betting Site Malaysia | Best online sport betting site Malaysia
M88

M88 or Mansion88 is among the famous betting companies in Asia, having partnered with several EPL teams as well as Spanish La Liga & Badminton World Federation (BWF).

UEA8 | Best Betting Site Malaysia | Online Betting Site Malaysia | Best online sport betting site Malaysia
UEA8

UEA8 is fast catching up as Southeast Asia best online betting site with plenty of game selections to choose from such as Sports Betting, Live Casino, Slots, E-Sports, Lottery.