
In 2024, the revenue generated by gaming in Denmark reaches DKK7.27 billion.
In 2024, the revenue generated by gaming in Denmark reaches DKK7.27 billion.
During the year 2024, Denmark's gross gambling revenue climbed by 6.9% compared to the previous year. This gain was mostly attributable to a double-digit growth in the online casino business within the country.
Revenue from gaming in Denmark in 2024
In the twelve months leading up to the 31st of December in 2024, Denmark's revenue reached DKK7.27 billion, which is equivalent to £811.2 million, €974.1 million, or $1.02 billion. The amount of DKK6.80 billion that was reported in the previous year is surpassed by this.
According to information that was released by the regulatory body Spillemyndigheden yesterday (the 13th of February), the online casino was the primary source of revenue by a significant margin. In 2024, the total income generated by online casinos surpassed DKK3.53 billion, representing a 14.7% increase over 2023.
A total of 78.2% of the money generated by online casinos during the year came from slot machines. Blackjack brought in 6.7% of the total revenue, while roulette brought in 6.4%. A variety of games, including poker, bingo, and others, contributed to the remaining revenue.
The revenue from sports betting and casinos has increased, while the revenue from slot machines has decreased.
When it came to other areas of the market, Denmark had a variety of different kinds of news. The overall revenue generated by sports betting increased by 1.2% year-on-year to reach DKK2.21 billion, placing it in second place in terms of total revenue.
The income generated by mobile betting amounted for 70.4% of the total. While land-based betting brought in 14.5% of the total revenue in the industry, computer-based betting brought in 15.1% of the total.
In addition, land-based casinos experienced growth, albeit a mere 1.7%, reaching a total of DKK368 million. The revenue generated by physical slot machines, on the other hand, decreased by 1.2% year-on-year to DKK1.16 billion.
Revenue in Denmark is somewhat higher in December.
Taking into consideration the last month of the year, the total revenue generated from gambling in December amounted to 670 million Danish Krone. Compared to the same month in the previous year, this was 0.8% higher today.
Online casinos once again took the lead with DKK347 million, representing a year-on-year increase of 13.6%. There was also growth in the land-based casino, which saw revenue increase by 2.2% to DKK35 million.
The other two market sectors, on the other hand, came in with negative results. Revenue from slot machines was 1.7% lower than revenue from sports betting, which was DKK98 million. Sports betting revenue plummeted 15.7% to DKK191 million.