Denmark’s regulated gambling market closed out 2015 on a high note, with significant growth in licensed online gambling operator revenue.
Figures released this week by Danish gaming regulator Spillemyndigheden showed combined sports betting and online gambling revenue rising 21% to DKK 910m (US $134.4m) in the three months ending Dec. 31, 2015. Spillemyndigheden started 2016 with 15 licensed betting operators and 35 licensed online casinos.
Betting was both the largest vertical and Q4’s biggest gainer, rising nearly 32% to DKK 560m. For the year as a whole, betting revenue improved 14% to DKK2.03b.
Sadly, Spillemyndigheden doesn’t break out separate numbers for online and land-based wagering. Regardless, the betting market picked up speed throughout the year, having posted average quarterly growth of between 5-10% over the first nine months of 2015.