10 February – Released of Q4 figures on Danish gambling market
Land-based gambling affected by corona lockdown. In December 2020, restaurants, gambling arcades and land-based casinos were closed to prevent the spread of the coronavirus. This contributed to a fall in the GGR of 20.3 and 23.1% for gaming machines and land-based casinos respectively in the fourth quarter of 2020 compared to the same period in 2019.
Betting GGR grew to a record DKK 724 million. This was an increase of 16.5% compared to the fourth quarter of 2019. The cause of the rise in GGR was most due to a packed autumn football programme with more matches to place bets on than is usually scheduled at that time of year.
However, the increase in Q4 2020 must also be viewed in the light of a significant loss on the betting market earlier the same year, where many sports events were cancelled or moved because of the corona crisis. In fact, the GGR overall fell by 8.5% overall in 2020 compared to 2019.
December 2020 – Report on horse betting
Since 1st January 2018, betting on horse racing in Denmark has been liberalised. In connection to this, a special contribution of 8% of the bet (turnover) must be paid when betting on Danish horse races.
The special contribution must be stated and paid quarterly.
The liberalization of horse betting in 2018 has increased interest for the game. The progress benefits horse racing as 8% on horse racing bets in Denmark go to the sport for further investment.
The betting contribution to horse racing was over DKK 10 million. in 2018.
From 2018 to 2019, the turnover increased to DKK 132 million. and the special contribution therefore amounted to almost 11 million kr. in 2019. This corresponds to an increase of 3.3% from 2018 to 2019.