The gambling sector in Denmark reported a small 0.6% year-on-year increase in gross gaming revenue for February 2025.
Data published by the national gambling regulator, Spillemyndigheden, shows that total GGR reached DKK 590 million in February. The growth can primarily be attributed to the online gaming segment as it continues to outpace gaming machines and other traditional brick-and-mortar gambling.
Denmark Digital Channel Shift Shows Crypto Opportunity
The most notable increase was in online casino revenue, which increased 5.8% year-on-year when compared to February 2024. This was the only reportable segment that registered year-on-year growth, showing the opportunity for crypto casinos.
Sports betting revenue fell by DKK 3 million from the year prior to DKK 175 million. Similarly, gaming machine revenue dropped DKK 7 million, down below DKK 100 million to DKK 93 million. Brick-and-mortar casino revenues also fell by DKK 5 million compared to 2024’s figure of DKK 27 million.
Given the increase in overall GGR, it is unlikely that the socioeconomic climate is attributable to the decrease in certain segment revenue. Instead, it reinforces the theory that most countries are experiencing a significant channel shift from retail to digital betting.
Online casino revenue increased by 5.8% compared to February 2024, rising DKK 16 million to DKK 294 million. This was the only segment to register year-on-year growth. Other sectors recorded declines, including sports betting, gaming machines, and land-based casinos.
When looking at the data on a month-by-month basis, all segments showed a decline from January 2025. Online casino GGR fell 7%, with sports betting revenue down 9.8%. Gaming machine revenue and land-based casino revenue fell 3.1% and 3.6%, respectively.
On a granular data level, Spillemyndigheden showed that online slots were comfortably the most popular gambling means in Denmark. Slots made up 81.9% of all online casino revenue, with table games such as Blackjack and Roulette bringing in 6.6% and 5.5% respectively.
The number of individuals registered with ROFUS, the Danish gambling self-exclusion database, continued to grow. At the beginning of March 2025, 58,280 people were listed on the system. 37,772 of these opted for permanent exclusion from gambling. Demographically, a total of 45,518, or 78.1% were self-excluded men.
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