Lotteries dominate again as Danish gambling spend decreases

Gambling spend in Denmark amounted to DKK10.3bn (£1.18bn) in 2023, down 1.7 per cent on 2022’s DKK10.4bn (£1.19bn).

The Danish Gambling Authority reported that lotteries was “once again” the largest vertical of gambling, with a spend of DKK3.4bn (£389.8m).

Online casino followed behind with spend of DKK3.1bn (£355.4m).

Betting was the third-largest vertical in Denmark in 2023, the regulator reported, with handle of DKK2.2bn (£252.2m).

“The two smallest gambling areas in 2023 were gaming machines with a gambling spend of DKK1.2bn (£137.6m) and land-based casinos of DKK362m (£41.5m),” it added.

“Online casinos have experienced the greatest growth since the liberalisation of the gambling market in 2012,” Spillemyndigheden said.

“Thus, the area has grown by 192 per cent measured in fixed prices. The gambling category that has had the second largest growth is betting, which has grown by 55 per cent since 2012 measured in fixed prices.

“Gaming machines, land-based casinos and lotteries have all seen declines since 2012 in fixed prices.”