Danske Spil Report Satisfactory Half-Year Accounts and Continued Focus on Healthy Gambling Habits
DENMARK (September 5, 2023) — Danske Spil’s half-year accounts show progress compared to the same period in 2022. The progress is mainly due to positive development for Danske Lotteri Spil, an improvement in the financial items and the merger with Klasselotteriet. At the same time, there is still a strong focus on responsibility and new initiatives to promote healthy gambling habits and combat gambling addiction.
Danske Spil’s gross gaming revenue (BSI) amounts to DKK 2,471 million in the first half of 2023. DKK, and the result after tax is DKK 915 million. BSI is therefore DKK 123 million. DKK higher than the first half of 2022, and the result is DKK 119 million. DKK higher than the same period in 2022.
“We have had a satisfactory first half of 2023, where we have raised both the top and bottom line. At the same time, we work continuously to ensure healthy gambling habits and maintain the positive development, where over recent years we have noticeably reduced the number of players who show signs of problematic gambling behaviour. I am happy that we are succeeding in strengthening the business alongside the responsibility efforts,” says Peter Christensen, chairman of the board of Danske Spil.
More customers, each playing for less
In the first half of the year, overall, Danske Spil has raised revenue (BSI). The increasing turnover is driven, among other things, by Eurojackpot’s Tuesday draw and high lottery pools. At Danske Licens Spil, which offers betting and casino, an increase in turnover is also seen, and here it is positive that more Danes choose to play at Danske Spil at the same time that they play for smaller amounts on average. At the same time, inflation also means increasing costs for Danske Spil. Danske Spil works persistently with its efforts against gambling addiction with initiatives such as gambling cards, and recently, among other things, reduced deposit limits have contributed to the positive development within responsibility.
“We run a profitable and proper business and work purposefully to maintain a solid position in the market, where at the same time we lead the way with responsibility. There are more customers who choose us than before, and overall our customers play for less on average. It is the right way to go in our work to ensure healthier gambling habits, and it testifies to a good balance, where turnover and earnings can go hand in hand with responsibility. This is what we were created for: to create a profit for the community at the same time as we ensure that Danes can safely enjoy themselves with our products,” says Nikolas Lyhne-Knudsen, CEO of Danske Spil.
In autumn 2020, Danske Spil was the first in the industry to introduce the game card to protect children under the age of 18, limit problematic gambling behavior and combat match-fixing and money laundering. This has meant that the customers who still want to play anonymously have gone to the competitors. On 1 October 2023, it will be a requirement for the entire industry to use playing cards.
The results in the first half of the year mean that Danske Spil’s expectations for 2023 are unchanged. A turnover (BSI) of DKK 5.0-5.2 billion is thus expected in 2023. and a profit after tax for 2023 of DKK 1.7-1.8 billion. DKKU
Facts about Danske Spil’s half-year accounts 2023
BSI in the first half of 2023 for Danske Spil A/S’ subsidiaries:
Danish Lottery Games: DKK 1,368 million. DKK (2022: DKK 1,309 million)
Danish License Games: DKK 830 million. DKK (2022: DKK 822 million)
The Danish Class Lottery*: DKK 121 million. DKK (2022: DKK 69 million)
Elite Gaming: 147 million DKK (2022: DKK 146 million)
Swush.com: 6 million DKK (2022: DKK 3 million)
*Combined with Danske Spil per 1 April 2022.
SOURCE: Danske Spil.Tags: Denmark, Danske Spil, Half-Year Accounts