04 Dec
In News
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Denmark struck by lowest-ever online poker quarterly result

In some bad news for Denmark’s poker industry, country’s gambling regulator Spillemyndigheden has announced that its online poker market has registered its poorest quarterly performance during the three months leading up to September 30.

Gross gaming revenue (GGR) generated by online pokers in the third quarter of 2016 was only DDK35 million (€4.7 million/$5 million), least since the game was legalized in the country.

While the online casino GGR was better (DDK335 million), that number too was lower in comparison to the previous two quarters. Interestingly, online casino GGR takes care of 64.5% of Denmark’s overall betting market.

However, gaming machines remain a consistent source of income for the country’s online casino market. It has a 70% market share, far ahead of poker, blackjack and roulette.

If the third quarter result is anything to by, Spillemyndigheden puts GGR for the full-year to be at somewhere around DDK8.85 billion, compared to DDK8.36 billion at the end of 2015.

There are tricky times for all the stakeholders in the Danish online gambling market. It now remains to be seen how the ecosystem responds to these numbers and patters. Is this trend here to stay or will business pick up in the final quarter of the year, is something one has to wait and watch.

Simona

Kai started working in the Gaming Industry in 2001 when he managed a Horse Betting Shop in Germany. With the more and more upcoming needs for Sportbetting Solutions for the German speaking market he moved in 2003 in Malta where he built up TopSportWetten, one of the first Sportbetting operators working from Malta with a Remote Gaming License.

In 2005 he moved to a new venture and joined the newly formed Team of BetUnited, a Company that had the goal to target the German speaking online market with a full portfolio of Betting, Poker, Casino and Games of Skill.

In 2007 he left BetUnited and concentrated on helping new Companies coming to Malta to obtain a remote gaming license and establish operators on the island.

In 2011 he founded Simka Consulting to combine his knowledge in the operational part of the IGaming Business with the Marketing expertise of Simona.

Past Projects:

  • TopSportWetten - Managing Director and Key Official
  • Bet United - Managing Director and Key Official
  • MMBet - Managing Director and Key Official
  • Olympia Bet - Managing Director and Key Offical
  • Production Planning and Project Manager - Infratec Pro Ltd.

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