Danish Gambling Revenue Plunges Following H1 Covid-19 Hit

Danish gambling revenue plunges following H1 Covid-19 hit. In the first half of 2020, Denmark’s supervised gambling revenue fell 19.2 per cent year-on-year after novel coronavirus (Covid-19) slashed the contribution of land-based gaming and sports betting in the second quarter.

The Danish Gaming Authority’s latest figures (Spillemyndigheden) reveal that revenues fell to DKK2.70bn (£327.0m/€362.6m/$429.4 m) for the six months to 30 June.

During that time, the biggest declines were seen for Danske Spil’s land-based casinos and gaming machines. The contribution from casinos was more than halved to DKK82m, while gaming machines revenue fell 46.6% to DKK382m.

A difficult second quarter saw revenue across all products and channels decline 32.8% to DKK1.16bn, following the 5.0% year-on-year decline reported for the first quarter of the year.

[image: Ava Coploff]

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