{"id":100,"date":"2024-06-14T10:13:58","date_gmt":"2024-06-14T07:13:58","guid":{"rendered":"https:\/\/gossipslotsnodepositbonus.icu\/2024\/06\/14\/danish-gambling-market-sees-surge-in-land-based-revenue-online-dip\/"},"modified":"2024-06-17T13:22:52","modified_gmt":"2024-06-17T10:22:52","slug":"danish-gambling-market-sees-surge-in-land-based-revenue-online-dip","status":"publish","type":"post","link":"https:\/\/gossipslotsnodepositbonus.icu\/2024\/06\/14\/danish-gambling-market-sees-surge-in-land-based-revenue-online-dip\/","title":{"rendered":"Danish Gambling Market Sees Surge in Land-Based Revenue, Online Dip"},"content":{"rendered":"<p><iframe loading=\"lazy\" width=\"800\" height=\"450\"\n    src=\"https:\/\/www.youtube.com\/embed\/IkD1k_7rxfw\"\n    frameborder=\"0\"\n    allow=\"accelerometer; encrypted-media; gyroscope; picture-in-picture\"\n    allowfullscreen><br \/>\n<\/iframe><\/p>\n<p>Physical gambling establishments in Denmark witnessed a remarkable revenue surge of nearly 200% this past May, while their digital counterparts faced a downturn.<\/p>\n<p>This upward trajectory reflects an ongoing resurgence for traditional casinos following the pandemic&#8217;s impact, with revenue consistently climbing year-over-year.<\/p>\n<p>Data recently published by the Danish Gambling Authority (DGA) revealed that brick-and-mortar casinos generated DKK 32 million (roughly $4.5 million) in May, a substantial 196% increase compared to the same timeframe last year. Gaming machines also enjoyed a significant boost, pulling in DKK 108 million, representing a 97% leap.<\/p>\n<p>Although both sectors saw a minor decrease from April&#8217;s figures of DKK 35 million and DKK 110 million, respectively, the numbers still indicate a strong rebound from the challenges faced during the pandemic.<\/p>\n<p>For a considerable duration of the preceding year, physical casinos grappled with limitations implemented to mitigate the spread of COVID-19.  During this period, internet-based gambling, encompassing wagering and virtual casinos, experienced a growth phase.<\/p>\n<p>Nevertheless, as land-based gambling steadily returns to pre-pandemic levels, online gambling and betting have witnessed a corresponding revenue reduction.<\/p>\n<p>May saw overall gaming revenue (GGR) for wagering reach DKK 186 million, a 7.3% year-on-year decrease, while internet casinos generated DKK 246 million, marking a 0.4% dip.<\/p>\n<p>These figures, however, represent an improvement compared to the year-on-year decline observed in April. Betting revenue had plummeted by 16.6% that month, and online casino revenue had fallen by 5%.<\/p>\n<p>In summary, the Danish online gambling and betting market has exhibited some instability throughout 2022. <\/p>\n<p>At the same time, brick-and-mortar gambling establishments and slot machines experienced consistent income growth, with a minor decrease observed only in April and May.<\/p>\n<p>This resurgence in in-person wagering appears to have influenced the profits of online betting and casino platforms, although the situation is beginning to stabilize.  In total, the gambling sector witnessed an 11.5% rise in earnings. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Physical gambling establishments in Denmark witnessed a remarkable revenue surge of nearly 200% this past May, while their digital counterparts faced a downturn. This upward trajectory reflects an ongoing resurgence for traditional casinos following the pandemic&#8217;s impact, with revenue consistently climbing year-over-year. Data recently published by the Danish Gambling Authority (DGA) revealed that brick-and-mortar casinos [&hellip;]<\/p>\n","protected":false},"author":96,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.8 (Yoast SEO v22.8) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Denmark<\/title>\n<meta name=\"description\" content=\"Danish casinos saw a 200% revenue surge in May! \ud83c\udfb2 Is online gambling losing its edge? 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