The online gambling market in Denmark has experienced a decline in revenue as the retail casinos reopen. A significant decrease in the global trend Q3 as its online casinos and sports betting revenue while land gambling improves.
The locally licensed gambling operators generated a US $244.2 million revenue in the three months ending September 30. It is also a 4.9% decline from the same period last year but significantly improved from about DKK 1.16 billion in Q2 for 2020.
Online Gambling Market Significant Decline in Revenues
According to online gambling South Korea sources, Denmark’s online casino revenue slipped nearly 2% to DKK555 million. With slots, they are accounting for 74% and is around 1.6 points year-on-year. Roulette and blackjack claimed almost 10% and 7%, respectively.
The desktop computer games continue to fall out of favor with casino players, falling 4.5 points year-on-year to 40.4% in terms of stakes. In the Q3 online gambling market, the online casino revenue decline was far more significant (-17.5%) from Q2’s total. Additionally, Danish gamblers were not freaking out and gambling away their money due to pandemic lockdown boredom, even for a real-life experience with live dealer casino games.
Meanwhile, sports betting took Q3 biggest hit, falling just over 11% to DKK558 million. The digital channels accounted for nearly two-thirds of all betting revenue, with mobile’s share coming over in a drop over 50%. These proportions only have minimal revisions from Q3 2019.
Desktop’s share was less than half its Q2 2020 total. It is likely reflecting the opening of land-based betting halls following the original pandemic lockdown.
ROFUS Self-exclusion Program
The country’s ROFUS, a self-exclusion program for problem gamblers, has 24.321 names on its register as of September. It is up from 19,785 last year but only around 850 more from the end of Q2. ROFUS recently got a public makeover via a new logo. It includes a “pause” icon to ensure nobody misses the point.