Denmark revenues up 10%

Business News

The Danish gambling market in the past several years, the industry is expanding with new casinos opening and new operators being granted licences. In its annual report, the Danish Gambling Authority announced that the market continued to grow in 2017, generating DKK9.2 billion in gross gaming revenue (GGR).

According to the statistics, published this week by the Danish Gambling Authority, the size of the market increased DKK0.3 billion from the revenues generated in 2016. Compared to 2012, when the gambling liberalization process started, the legal market went up DKK1.7 billion to DKK9.2 billion total gross gaming revenue in 2017.

The largest contributor turned out to be lotteries with DKK 3.1 billion, followed by the liberalized sports betting market that generated the impressive DKK 2.3 billion. It is important to note that the data includes only the regulated market and there are no figures released for the operators without a Danish gambling licence. Apart from pure statistics data, however, the annual report of the Authority also describes the major market developments that took place last year.