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Record profit for Danske Spil in 2019 despite revenue decline

3rd March 2020 10:17 am GMT
Danske Spil

Denmark’s state-owned gaming operator Danske Spil has posted a record net profit of DKK1,904m (€257.8m) for 2019, despite seeing revenue decline during the year.

Total gross gaming revenue was down 1.5 per cent to DKK4,997m,(€668.6m), with results negatively impacted by the introduction of new mandatory deposit limits last July, which led to a decrease in casino and sports betting revenue during the third and fourth quarters of 2019.

“The result for 2019 is better than we expected [...]

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