Numbers from Denmark's gaming regulator revealed that online gambling revenues have overtaken land casino revenues, making up 51.5% of the gaming industry in terms of revenue.
The regulator, Spillemyndigheden, revealed that online numbers were 51.5% of the market, which hauled in DKK9.2 billion last year. Online revenues made up DKK1.8 billion of that, up 15.5% from last year. Sportsbetting revenues were up 7.4% from the year prior, raking in DKK2.3 billion. Gaming machine numbers were down 1% to DKK1.49 billion, with land revenues flat at DKK375 million.
The average Danish resident spent DKK38.50 per week. 50% of gambling customers are men aged 35 or under, spelling out that online betting has a future in the country in terms of profitability.
Spillemyndigheden also revealed that Denmark is one of the highest-spending countries in terms of gambling spend by players.