Danish Gambling Authority records DKK9m GGR fall in June

The Danish Gambling Authority has revealed that GGR fell month-on-month in June by DKK9m (£1m). In total, GGR reached DKK191m, a decrease from the DKK200m in May. The figure for June was the second-lowest monthly GGR figure for this year so far, as in March the GGR revenue tumbled to DKK161m. Overall, there has been a 23.5% increase for the first half of this year compared to a year ago. The fastest-growing month-on-month growth was gaming machines, as the revenue for June climbed to DKK101m, a rise of DKK46m from May. Yet it’s a market that has performed poorly for the first six months of this year, falling by 57.4% in contrast to the first six months of last year. The coronavirus pandemic has been an obvious trading headwind, and gaming machines did not accumulate a single krone in January, February and March due to restrictions. Land-based casinos also suffered because of the pandemic, and did not begin to create any revenue this year until May, reaching DKK11m. More positively in June, revenue climbed to DKK26m, yet land based casinos suffered a significant fall in revenue of 55.5% for the first half of this year, compared to the same period for 2020. Online casinos have sustained the most consistent levels of revenue throughout the year, with a 16.2% rise in activity. Yet a DKK35m fall month-on-month in revenue to DKK212m was recorded in June, compared with DKK247m in May. The gaming authority’s core task is to monitor the Danish gaming market on a continual basis, enabling it to update stakeholders on the latest developments in the industry. Recently it released a new guide on sales promotion, which stipulated that players must have a minimum of 60 days to meet the terms and conditions attached to payouts of sales promotions.