iGB E-zines iGB e-book Denmark | Page 7

Part 1: Market size and growth the online sports betting and casino sectors since 2012 are impressive. Including poker, from generating an annual total of DKK1.32bn in 2012 the online market has grown by 150% in the intervening six years. Of this, sports betting has grown by 230% and casino by 150% with only poker disappointing, down 40% over the same period. On a year-on-year basis, sports betting GGR has grown by an average of 28% although this figure masks a spurt of growth in the first years of the new regime, whereas in 2017 the year-on-year percentage increase was just 8% (see Table 2). Growth in casino revenues has been steadier with the average year-on-year growth percentage standing at 21% and 2017 coming Chart 1: Sports betting GGR by quarter 2015-17 (DKKm) 800 712 700 600 500 400 487 548 548 565 Q3 2015 Q4 2015 Q1 2016 523 536 551 Q2 2016 Q3 2016 Q4 2016 517 522 Q1 2017 Q2 2017 575 416 300 200 100 0 Q1 2015 Q2 2015 Q3 2017 Q4 2017 Source: Danish Gambling Authority Chart 2: Online casino GGR (DKKm) 2015-17 (DKKm) 500 458 450 400 350 300 303 337 319 349 376 395 383 Q2 2016 Q3 2016 411 415 Q4 2016 Q1 2017 424 446 250 200 150 100 50 0 Q1 2015 Q2 2015 Q3 2015 Q4 2015 Q1 2016 Q2 2017 Q3 2017 Q4 2017 Source: Danish Gambling Authority Denmark: Insights and data on Europe’s pioneer model for igaming regulation 7