The Danish Spillemyndigheden Gambling Authority has revealed a drop in the number of people playing games during the ongoing COVID-19 pandemic.
The data released by the DGA showed a 60% decrease in deposits made by licenced operators year-on-year between March 9 and May 3, with regulators expecting this drop to continue until sporting events resume.
Danish Gambling Authority director Morten Niels Jakobsen explained: “It very much looks like some of the measures that have been put in place in connection with the lockdown of Denmark has had an effect on parts of the gambling market – particularly on betting, land-based casinos and gaming machines.”
Yet, given the decrease in both retail and online gaming, there has been a 2% rise in online casino deposits over the same timeframe during the lockout.
The online casino market increased from 2018 to 2019, with a total of 8% measured in revenue from gross gaming. “This can not be concluded, according to the regulators, that the recent increase is due to COVID-19” and that “Danes do not seem to move their gambling from one gambling sector to another.”
Jackobsen added: “Although it is still too soon to measure the full effect of the coronavirus crisis on the gambling market, it does not appear as if the decrease in gambling at land-based casinos and gaming machines as well as betting has caused an increase in gambling on online casino.”
The Danish Gambling Authority will continue to track closely the market in the country and will analyse the reaction once similar operations are resumed.