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Denmark: Sports betting is a winner

iGaming Business · December 20, 2017 at 8:05 am

Sports betting drove impressive growth in Denmark’s gambling market in the most recent quarter.

In an update from the Spillemyndigheden regulator, it was revealed that overall sports betting revenue was up 9% year-on-year to DKK 577m (€78m/$92m) in the three months to September 30. The rise in revenue came despite a drop in stakes of almost 5%.

Land-based wagering accounted for only 33% of betting revenue, more than desktop online revenue (16%), but much less than mobile channels (51%).

Mobile platforms accounted for 54% of all stakes in Denmark, with desktop at 22% and 24% with land-based bookmakers.

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