The Danish Gambling Authority reports a steady growth in the casino market, highlighting potential for further development
Online casinos remain a key driver of growth in Denmark's gambling market. In 2024, their revenue amounted to 3.53 billion Danish kroner (around $525 million), a 14.7% increase from the previous year. This segment accounts for nearly half of the total sector revenue, with slot machines contributing a significant 78.2% of online casino profits.
The sports betting sector also showed positive trends, albeit to a lesser extent. Revenues in this segment rose by 1.2%, reaching 2.21 billion Danish kroner (approximately $327 million). Mobile devices continue to be the primary channel for placing bets, accounting for 66.3% of all wagers.
Despite their smaller share of overall revenue, land-based casinos also experienced growth. Their revenue increased by 1.7%, reaching 368 million Danish kroner (about $54 million). This indicates that traditional forms of gambling remain popular, even as online platforms gain traction.
A significant development for Denmark has been the introduction of new licensing requirements for providers, which came into effect at the beginning of 2024. Under the new regulations, all operators and providers must obtain certification by July 2025. This move aims to enhance oversight of game quality and safety, as well as to protect consumer rights.
The growth in casino revenues in Denmark in 2024 confirms the market's resilience and potential for further development. The implementation of new regulatory measures, such as mandatory certification for game providers, promotes transparency and trust. This creates favorable conditions for both operators and patrons of gambling establishments, reinforcing Denmark's status as a leading jurisdiction in Europe.
Notably, LeoVegas Group is enhancing gambling safety in Sweden and Denmark.
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