Denmark’s online casino vertical the only grower in Q2 – CalvinAyre.com

Denmarks regulated gambling market saw its revenue cut by one-third during the second quarter of 2020, despite online casino revenue posting a modest year-on-year improvement.

Figures released Monday by Denmarks Spillemyndigheden regulatory body show state-licensed gambling revenue hitting DKK1.16b (US$183.9m) in the three months ending June 30, down 32.8% from the same period last year and 24% below Q1 2020s results.

Nearly all verticals were impacted by COVID-19, with land-based casino revenue tumbling 83% year-on-year to just DKK16m following the March 13 closure of all non-essential retail operations. Land-based slots halls suffered an only slightly less injurious decline, sliding nearly 73% to DKK99m.

Sports betting revenue was off 41.2% to DKK373m following the suspension of major sports activity.Online casino revenue bucked the downward trend, rising 4.5% to DKK673m. The slots figure was 21.2% higher than Q1 2020, poking holes in Spillemyndighedens May report that thered been no surge in Danish gamblers online casino play.

The lack of retail options clearly shifted gamblers online but primarily via their desktop computers, whose share of Q2s revenue pie rose nearly 8 points year-on-year to 36.1% in Q2. Mobile devices reported a 47.7% share, down nearly four points from the same period last year.

For the first half of 2020, the markets overall revenue is down 19.2% to DKK2.7b. As with the Q2 stats, online casino was the only vertical to post positive growth in H1, rising 2.8% to DKK1.23b.

As of June 30, Denmarks ROFUS gambling self-exclusion program had registered 23,469 users, 839 higher than as of March 31 and a much smaller increase than the roughly 1,600 sign-ups in Q1.

Denmarks state-run Danske Spil gambling operation recently announced a partnership with the Danish Football Association to discourage local youth from gambling. The move comes ahead of the September 1 launch of the companys Spil-ID program, which will require gamblers to obtain a special identification card that they must present each time they try to access gambling products in retail outlets.

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Denmark's online casino vertical the only grower in Q2 - CalvinAyre.com