The online casino industry has experienced a noteworthy surge in revenue, according to the latest financial report.
Key growth statistics
The sector recorded a 7.8% increase compared to the previous year. The primary driver behind this growth was online casino revenue, which contributed to more than half of the total Gross Gaming Revenue (GGR).
Implications for the industry
This substantial growth underscores the expanding popularity and sustainability of online casinos within the broader gaming market.
Online casino revenue soars to DKK284M
Online casino revenue has surged, reaching an impressive DKK284 million, as reported in the latest financial figures. This notable increase highlights the growing popularity of online gaming platforms.
Sports betting sees minor growth
Sports betting revenue also saw a slight uptick, climbing to DKK149 million. Despite this growth, both the online casino and sports betting sectors remain below their peak levels recorded in prior months.
Analysis of trends
While the current figures reflect positive growth, industry experts suggest a cautious approach, noting the variance from peak performances earlier in the year.
In July, land-based casinos and slot machine revenues experienced a downturn, extending the ongoing decline observed in recent months.
Declining revenues in July
The revenue figures for both casinos and slot machines continued on a downward trajectory in July. This trend reflects several challenges faced by the land-based gaming industry.
Monthly revenue comparison
| Month | Casino Revenue ($M) | Slot Machine Revenue ($M) |
|---|---|---|
| June | 520 | 350 |
| July | 480 | 320 |
The national self-exclusion scheme, ROFUS, has witnessed a substantial rise in registrations.
Increase in male registrations
The majority of those who opted for self-exclusion were male.
Year-over-year growth
There was a notable surge in total registrations compared to the previous year.
