Danish online gaming market continues to grow in Q3

 Danish national gambling regulatory body Spillemyndigheden has revealed that the country’s online gaming market experienced further revenue growth during the third quarter of this year.

Gross gaming revenue from online casino amounted to DDK330 million (€44.2 million/$47.1 million), up from DDK265 million in the corresponding period last year, but slightly down on the DDK335 million posted in the second quarter of this year.
Betting revenue in the quarter came in at DDK560 million, up from DDK495 million in Q3 of last year and an increase on the DDK470 million recorded in the second quarter of this year.
Total gross gaming revenue hiked from DDK760 million in the third quarter of 2014 to DDK890 million in the same period this year, with this figure also up on the DDK805 million posted in Q2 of 2015.
Elsewhere, gross gaming revenue from gaming machines amounted to DDK385 million, down slightly on the DDK415 million generated in Q2 of this year but up from the DDK370 million achieved in Q3 of last year.
Revenue from land-based casinos also increased from DDK80 million in the third quarter of last year to DDK95 million in the most recent three-month period, marking the most successful quarter since the start of 2012.
As a result of the third-quarter performance, the Spillemyndigheden expects gross gaming revenue for the year to amount to just under DDK8.4 billion, up from DDK7.8 billion last year.
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