Q1 2024: The Numbers Are In! 📊
Denmark’s state-owned gaming operator, Danske Spil, pulled off a 2% increase in gross gaming revenue (GGR), raking in DKK1.24 billion (around €166.2 million) in the first quarter of 2024. Not too shabby, right?
What’s Driving This Growth? 🤔
Two words: Online Casino and Lottery. These segments have been on fire, compensating for a slight dip in sports betting. Here’s a quick breakdown:
- Danske Lotteri Spil: Revenue jumped 5% to DKK711 million. Thanks to some juicy jackpots in the Eurojackpot game! 🍀
- Danske Klasselotteri: Steady as she goes with GGR at DKK64 million, same as last year.
- Danske Licens Spil: Saw a minor 1% dip in GGR, down to DKK393 million. Competition in sports betting is tough, and the new player ID cards aren’t helping.
- Elite Gaming: Marginal GGR drop to DKK75 million. Nothing too alarming.
- Swush: This one’s a bit of a bummer with just DKK1 million in GGR after selling off a 60% share in January.
Q1 2024 Gross Gaming Revenue Comparison (DKKM) 💡
| Segment | Q1 2024 | Q1 2023 |
|---|---|---|
| Danske Lotteri Spil | 711 | 678 |
| Danske Licens Spil | 393 | 397 |
| Det Danske Klasselotteri | 64 | 64 |
| Elite Gaming | 75 | 76 |
| Swush | 1 | 2 |
| TOTAL | 1,244 | 1,217 |
What’s the Bottom Line? 🤑
During Q1, Danske Spil paid DKK156 million in state taxes, doled out DKK101 million in commissions, and covered other gaming-related costs to the tune of DKK68 million. When the dust settled, net profit stood 11% higher than last year at DKK510 million. Now that’s something to cheer about! 🎉
Looking Ahead 🚀
Danske Spil’s got their eyes set on a bright future. They’re sticking to their full-year guidance with GGR projected between DKK5.0 billion and DKK5.2 billion, and net profit expected to land between DKK1.8 billion and DKK1.9 billion.
So, what do you think about Danske Spil’s performance and future outlook? Share your thoughts below!
Hashtags
#DanskeSpil #LotteryWin #GamingRevenue #Q12024 #Eurojackpot #Casino #SportsBetting #RevenueGrowth
Comments:
- Wow, those Eurojackpot numbers really made a difference! 🤑
- Curious to see how the new player ID cards will affect future sports betting revenue.
