Danske Spil H1 revenue, profit up on lottery; land-based and online gaming flat

Wednesday, September 11, 2024 8:21 PM
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  • Robert Fletcher, iGaming Business

Denmark’s Danske Spil reported a year-on-year increase in revenue during H1, helped by growth within its core lotteries business. Group revenue for the six months to 30 June hit DKK2.55bn ($378.9m). This is 3.0% higher than the DKK2.47bn reported by Danske Spil in H1 of last year.

Danske Lotteri Spil, the group’s lottery business, generated DKK1.45bn in revenue during H1, up 5.9% year-on-year…

Away from the core lottery business, Danske Spil reported relatively level numbers across its other units.

Danske Licens Spil, which includes sports betting and online casino, saw revenue dip 0.5% to €826m. The operator said this is due to increased competition and a declining retail market.