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Denmark's August 2024 gambling revenue grows 4. 3% as online casinos flourish
The Danish gambling market saw gross gaming revenue (GGR) grow 4. 3% annually to DKK 571 million ($84. 1 million) in August 2024, figures released by the Danish Gaming Authority (Spillemyndigheden) revealed. This overall growth was largely due to the strong performance of the online casino sector, which offset declines in sports betting and land-based gambling.
Online casino boom drives market growth
According to August 2024 figures, online casino revenue grew 20. 8% year-on-year to DKK 299 million, making it the main growth driver for the Danish gambling market. This is a 5, 3% increase compared to July 2024, and was not despite the all-time record set in March this year, when the online casino industry's GGR reached 309 million DKK. The strong performance of the online casino sector indicates an increasing shift towards digital platforms among Danish gamblers.
This growth in online gambling was supported by the recent reclassification of poker as a separate category in the Danish monthly gambling statistics. The update dates back to 2012 and provides a more detailed analysis of the online casino market, which is now classified into six game types: slots, roulette, blackjack, poker, bingo and other. Previously, poker was included in "commission games" and "other", but this restructuring allows a clearer picture of player behavior in online casinos without changing the overall GGR.
Sports betting and land-based casinos decline
While the online casino sector boomed, other segments of the Danish gambling market declined in August. The sports betting segment saw a significant decline in revenue of 14% year-on-year to DKK 147 million (-1, 3% compared to July 2024). This continuing downward trend reflects the wider challenges facing sports betting operators in the country.
Similarly, the Danish Land Base Gambling category continued to struggle. Income from physical slots decreased by 0. 2 % to 96 million DKK, which suggests a gentle recovery over the whole July. On the other hand, the sales of ground casinos are 29 million DKK, down 12 % yea r-o n-year, which is almost the same as the result of July, indicating a sustainable issue in the industry. Such a decrease in land bass and sports betting activities emphasizes that Denmark players have a growing taste of online game options.
Responsible gambling and sel f-exclusion trends
The SPILLEMYNDIGEDEN's August report also includes the latest data of Rofus, a national sel f-exclusion system in Denmark. By the end of August, 51. 893 people were registered in this system, increasing 12. 4 % compared to the same period in 2023. 77. 3 % of registrants are men, 22. 7 % are women, and 66. 6 % have selected permanent exclusion. The remaining 17. 371 chosen temporary exclusions, reflecting Denmark's continuous commitment to responsible gambling.
In addition, Danish authorities have published data on StopSpillet support services. The service is the most commonly used for 18 to 25 years old, accounting for 37 % of the entire inquiry, indicating that young age groups are particularly involved in support services related to gambling issues.
Changes in market dynamics
August 2024 data clearly shows changes in consumer preferences in the Danish gambling market. While lan d-based casinos and sports betting continue to face difficulties, the growth of online casinos, especially poker, as an independent category, indicates the bright future of digital segments. Denmark's continuous expansion of online gambling suggests that the market will be formed by the digital platform for the next few years, combined with the focus on the national responsible gambling measures.
As Denmark's gambling situation evolves, operators need to adapt to such changes by strengthening online services, especially in order to maintain competitiveness. In Denmark, where online casino games are gaining momentum, this sector is expected to grow, despite other segments facing headwinds.
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