Omicron Closes Danish Casinos, GGR Soars in November 2021
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Denmark's gross gaming revenue rose by 22.7% across all sectors in November 2021. With upcoming closure plans pending for gaming arcades and brick-and-mortar casinos, the gaming market is expected to take a new hit in the next few weeks.
Denmark's gross gaming revenue from betting rose by 8.1% in January-November 2021 compared to the 2020 figures. November 2021 proved to be a particularly lucrative month for the betting market in the country. Gross revenues from gambling went up 51.7% from $25.5 million to $38.8 million.
Omicron Closes Danish Casinos. Revenues from Gaming Machines Dropped 24.9% in 2021. In November 2021, gaming machine revenues recorded a small growth of 1.6% compared to November 2020 numbers.
Gross gaming revenues from online casinos increased by 13.4% in January-November 2021 compared to January 2020. In November 2021, the segment recorded a 10.2% positive change from the previous year.
Land Casinos Recorded a 15% Increase in CGR in November. Brick-and-mortar casinos reached $4.9 million in monthly revenues compared to $ 4.3 million last November 2020. January-November 2021 figures were lower than the previous year’s GGR: from $34.8 million to $32.5 million.
Denmark has been hit by a new wave of Omicron infections. The number of confirmed cases has reached 20,000 a day. Casinos and gaming arcades will be closed until January 31. Slot machines will also be shut. Denmark is considering a fourth jab for its most vulnerable citizens. The closure will have a negative impact on the gambling industry. It will take into account future assessments. Since 2012, Denmark has allowed private operators to obtain local licenses and offer games of chance to its citizens, but the industry has suffered since the start of the pandemic.
