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 286: Edwards vs Usman Odds & Preview Featured Image

One of the biggest UFC events of the year takes place on Saturday, March 18 at the 02 Arena in London. UFC 286, starting at 19.00 local time, features...

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 »

Bet-at-home To Use EveryMatrix’s Sports Betting Platform Featured Image

European bookmaker Bet-at-home has launched its new sports betting solution from EveryMatrix, replacing its present platform. EveryMatrix’s Odds...

Read more »

Stake.com Becomes Official Partner Of Alfa Romeo F1 Team Featured Image

The renowned crypto bookmaker Stake.com recently signed a deal with Alfa Romeo F1 Team to become their name sponsor. The partnership is going to stand...

Read more »

1xBet Issues Press Release To Shoot Down Allegations Featured Image

On 25/1/2023, 1xBet issued a press release to shoot down claims from a recent article, that came to light stating that the bookmaker is currently faci...

Read more »

Stake.com Pays Out On Arsenal As Premier League Champions Featured Image

The online sportsbook Stake.com has already paid out on outright bets on Arsenal to win the league, as they went onto 50 points after 19 games with a ...

Read more »

1xBet Nominee In Multiple Categories At 2023 IG Awards Featured Image

Established back in 2007, 1xBet is considered one of the leaders in the sports betting industry. Therefore, the 11 nominations the brand received for ...

Read more »

BetConstruct Cryptocurrency Transactions Allowed By MGA Featured Image

The Malta Gaming Authority has given BetConstruct, a member of the Vivaro Limited Group, permission to begin accepting bitcoin and other cryptocurrenc...

Read more »

Newcastle United Odds On Premier League Top-4 Finish Slashed Featured Image

Following an emphatic 3-0 away victory against Leicester on Boxing Day, Newcastle United have established their spot in the English Premier League Top...

Read more »

bookmaker banner
bookmaker banner