Danish Horse Racing Revenue Increased in 2019

Danish Horse Racing Revenue Increased in 2019

Horse racing, or horse betting, is one of the best bookie pay per head features you can get, as it means you can also own your very own racebook. And the industry is doing well. Denmark‘s betting controller, Spillemyndigheden, has delivered figures indicating that betting on pony hustling in the purview expanded 3.29% to DKK132m (£16.2m/€17.7m/$21.5m) somewhere in the range of 2018 and 2019.Since the market was changed in 2018, finishing Danske Spil’s imposing business model on pony race wagering trying to build revenue in the game, administrators have been obliged to pay 8% of all bets on dashing to Danish circuits, in a unique commitment to equestrian games.

Administrator paid DKK10.6m in commitments in 2019, rising 3.9% from DKK10.2m in 2018. Commitments should be utilized for use in the normal interests of pony dashing, for example, race prizes, support of courses or preparing mentors. In 2017, preceding the market’s advancement, roughly DKK126m was bet on pony dashing, ascending to around DKK128m in 2018, and again to DKK132m in 2019.

The most elevated measure of pony hustling wagers were made in Q3, with DKK49.8m of the complete bet in 2019, up 9.21% from DKK45.6m in Q3 2018. Q2 and Q4 additionally observed increments, up 1.12% and 3.05% separately. Q1 was the solitary quarter in 2019 which saw a decline year-on-year, down 5.41% from 2018.

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