Danish GGR increases by 16% in 2022

1 Apr 2022

Danish GGR increases by 16% in 2022The gross gaming revenue (GGR) in Denmark's gambling industry has shot up by DKK 1.05 billion ($157 million) in January - February 2022, a 16% increase compared to the same period in 2021. Whereas the sports betting revenue has declined by 3.7%, land casinos and gaming machines rebounded strongly, leading to a positive overall revenue.

According to figures from the Danish Gambling Authority (Spillemyndigheden), sports betting accounted for DKK 412 million ($62.3 million) in the two months. DKK 228 million was generated in January, while February saw a betting revenue of DKK 184 million. For the same months in 2021, the figures were DKK 207 million (a 10.7% decrease) and DKK 221 million in February (a 17% increase).

The revenue for online casinos has also undergone a tiny decrease of 0.2% from DKK 476m ($70.6m) in January-February 2021 to DKK 475 million ($70.5m) in January-February 2022. However, gaming machines like slots in land-based casinos have skyrocketed by over 40.000%, having revenue of DKK 131m ($19.4m), DKK 22m to DKK 109m for each respective month. Taking into consideration that land casinos were closed in that timeframe in 2021 due to restrictions is a good explanation for that massive increase. Most pundits expect the Danish betting market to continue to grow, despite the harsh regulations, as the signs from early 2022 are more than optimistic.

Join and grab exclusive bonuses, daily offers and free bets!

Lay hands on exclusive daily bonuses for members only. These promos are limited and are not advertised on the website.

Yes, I have read the Terms & Conditions and I consent to receiving emails from Bookmakers.bet regarding betting promotions, betting guides and news.

UFC 298 Odds & Preview: Volkanovski vs Topuria Featured Image

One of the biggest UFC events of the year takes place on Saturday, February 17 at the Honda Center in Anaheim, California. UFC 298, starting at 23.00 ...

Read more »

Drake Loses $700k In UFC Fight Betslip Featured Image

Canadian rapper Drake’s curse continued as he lost $700k after placing a bet on UFC’s 297 main event fight of Sean Strickland vs Dricus Du Pless...

Read more »

Next Liverpool Manager Odds: Who Will Succeed Jurgen Klopp? Featured Image

Jurgen Klopp’s announcement that he will leave Liverpool at the end of the season shocked the football world. The German will depart from Anfiel...

Read more »

Top 100 Bookmakers for 2024 Featured Image

Every day we get bombarded by dozens, if not hundreds of extravagant remarks by various online sportsbooks claiming to be the best when it comes to od...

Read more »

Betby’s Esports Solution Secures Approval From MGA Featured Image

Betby has received regulatory approval from the Malta Gaming Authority (MGA) to offer its esports odds feed portfolio independently. The MGA granted a...

Read more »

Premier League Clubs Get Closer To Bookmaker Sponsorship Ban Featured Image

The front of the shirts of Premier League clubs will no longer feature logos from bookmakers once an agreement is reached. The deal would prohibit fro...

Read more »

Betano Lands Giannis Antetokounmpo As Global Brand Ambassador Featured Image

NBA star Giannis Antetokounmpo has signed a contract with Betano, making him their first-ever global brand ambassador. The Milwaukee Bucks superstar, ...

Read more »

Bet365 Continue Their Weekly 6 Scores Challenge Game Featured Image

Sports betting industry leader Bet365 has partnered with Incentive Games, a renowned free-to-play provider, to continue their highly popular weekly 6 ...

Read more »

22bet Awarded EPL Jerseys To Five Lucky Bettors Featured Image

Five of 22bet’s Kenyan users have received English Premier League jerseys after successfully predicting the correct score of Manchester United v...

Read more »

Betting Preview And Odds For Formula 1 2023 Season Featured Image

On March 3-5, the 24th Bahrain Grand Prix will mark the return of Formula One for its first full weekend of the new 2023 season. Max Verstappen, who h...

Read more »

bookmaker banner
bookmaker banner