Sports Betting Up in Denmark

Sports betting showed steady growth in Denmark’s gambling market in the last quarter according to regulators. Overall sports betting was up 9 percent. Overall revenue from both online and land-based sources was up 9.3 percent.

Sports betting fueled growth in Denmarks’s gambling market with a 9 percent rise in the latest quarter through September to about $92 million according to Danish regulator Spillemyndigheden.

Mobile betting accounted for 51 percent of gambling revenue compared to 33 percent for land-based betting and 16 percent for online desktop betting. Mobile platforms accounted for 54 percent of all stakes in Denmark, with desktop at 22 percent and 24 percent with land-based bookmakers.

Overall revenue from both online and land-based sources came to DKK1.497 billion, up 9.3 percent from the same period last year and up 2.4 percent from the second quarter of 2017.

Denmark’s regulated online casino (including poker) revenue was at DKK456 million, up nearly one-fifth year-on-year but almost identical to the second quarter figure. Online poker revenue totaled just DKK31.7 million, down 6 percent year-on-year and a fourth straight quarter of decline.

Recent Articles

History Playbook

On This Day In Sports History

On September 12, 1995, the Harlem Globetrotters' historic 24-year, 8,829-game winning streak came to a dramatic end in Vienna, Austria. A competitive squad led by NBA legend Kareem Abdul-Jabbar—who dropped 34 points—defeated the Globetrotters 91-85 in an unscripted contest.

On This Day In Sports History

On September 10, 1989, Deion Sanders made his NFL debut with the Atlanta Falcons and returned a punt 68 yards for a touchdown against the Los Angeles Rams. Just five days earlier, Sanders had hit a home run for the New York Yankees. He remains the only player in professional sports history to score an NFL touchdown and hit an MLB home run in the same week.