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Technology investments cut into Danske Spil profit in 2017

2nd March 2018 10:59 am GMT

Denmark’s former monopoly operator Danske Spil has posted 0.2 per cent increase in gross gaming revenue to DKK4.91bn (€659.3m) for 2017.

The company said that the year was characterized by major investments in its technology and the introduction of a number of customer-oriented initiatives that benefited performance.

The lottery division Danske Lotteri Spil generated 54 per cent of the year's total revenue at DKK2.64bn, while Danske Licens Spil contributed DKK1.69bn through its iGaming arm, which comprises sports betting, casino [...]

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