Friday, December 9, 2022

Denmark records DKK 525m in GGR for March 2022

Denmark’s gross gaming revenue (GGR) for March experienced an almost 30% year-on-year rise, according to figures published by the Danish Gaming Authority (DGA).

GGR climbed to DKK 525m ($74.5m) amid an ongoing resurgence from the Nordic country’s land-based sector.

For March, gaming machines generated DKK 110m in revenue, continuing to rebound after a major drop-off in January.

While this represents considerably smaller growth than for February, when gaming machines saw GGR jump from DKK 22m to DKK 109m, it nevertheless continues an upward trend.

Land-based casinos, meanwhile, saw GGR climb from February’s DKK 31m to DKK 34m, making March 2022 the joint fourth best-performing month in the segment’s history.

But while in-person gambling has gone from strength-to-strength, March saw betting continue the downward trend that, despite a slight uptick for January, it has been on since last November.

Betting produced DKK 155m in revenue, falling from February’s DKK 184m, which in turn fell from January’s DKK 228m.

Online casino fared better. For March, GGR from this area amounted to DKK 226m, the fourth highest sum generated by the segment since last July.

What’s more, online casino revenue was up by 5.6% from February’s DKK 214m, though it remains below December and January’s over DKK 260m figures.

And on a year-over-year basis, online casino revenue was down by 7.4% for March, while betting GGR declined by 3.7%.

Overall, last month saw Denmark’s gambling sector grow considerably when compared to March 2021, despite a revenue drop from February, when total GGR amounted to DKK 538m.

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