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The Gambling Authority in Denmark has found a large decrease in the total gambling spend compared to the same period in 2024.
The Danish Gambling Authority has shared data for October 2025, highlighting a large decrease in the total gambling spend when compared to the same month last year, led primarily by the betting market. The total gambling spend has fallen by 3.4% from October 2024 to this year.
However, it’s worth noting that this is primarily led by a massive 46% drop in the betting market. Indeed, that was the only market in Denmark to experience a decrease.
In other areas, like online casinos, for example, gambling spending is actually up. Online casinos saw the biggest increase of 24.4%, while physical casinos and gaming machines rose by 6% and 0.6% respectively.
“The statistics show that the decrease for the total gambling market is due to a large fluctuation in the betting market in October 2025 compared to October 2024,” confirms the statement from the Danish Gambling Authority.
These trends echo similar increases reported earlier this year in Denmark, which saw online casino and betting increasing by 21.6% and 6.1% respectively. Looking at the decrease now, it’s clear that it’s only dropped by that much thanks to the remarkable 46% decrease in the betting market.
Why is Denmark’s betting market trending down?
While there’s no one clear answer for why this is, it could be due to reduced sporting interest, economic caution as recessions loom across Europe, or increased competition from digital casino products. Indeed, the latter option could be a logical assumption, considering online casinos have seen the largest increases since last year.
Indeed, studies show that, while physical casinos tend to suffer during economic downturns, players tend to gravitate towards luck-based games, which could account for increased interest in slot games or online casinos, stealing potential spend away from the betting market, for example.
Featured image: Stenbom on Wikimedia Commons, licensed under CC BY-SA 3.0
The post Denmark reports large decrease in total gambling spend – but led by one market only appeared first on ReadWrite.

Derek Sein-Lwin takes home the grand prize at the Cherokee WSOP Circuit Main Event, winning a massive  $281,514 at his first WSOP Circuit ring.
The 2025 World Series of Poker (WSOP) is over, with Sein-Lwin taking home the biggest prize winnings, taking down the $1,700 Cherokee WSOP Circuit Main Event for $281,514 and his first WSOP Circuit ring, hosted at Harrah’s Cherokee in North Carolina.. That comes after players earned 18 WSOP Circuit rings throughout this year’s series.
From Day 2 of the final event, 1,190 players entered the game, culminating in a $281,514 prize pool. Sein-Lwin held the position of overall chip leader from Day 2 into Day 3, before taking home the Cherokee WSOP Circuit Main Event title.
“The hands were just coming right,” Sein-Lwin said after the event. “I kept on getting Aces and even Primos in general. I think I got Aces two or three times in the beginning, I got Kings once, I got Ace Kings…it’s just a dream come true.”

Derek Sein-Lwin used tough play and a run of hot cards to ship the WSOP Circuit Main Event at Cherokee for a $281,514 payday! pic.twitter.com/N2dEH74ssh
— Poker Org (@pokerorg) December 9, 2025

His takings were almost $100,000 more than second-place Patrick Plott, who won $187,676. Third place goes to Vladyslav Shovkovyi, with takings of $131,070.
Cherokee WSOP Circuit Main Event Final Table Results and Winnings
Here’s the take-home winnings of the top nine players at the Cherokee WSOP Circuit Main Event, starting with Sein-Lwin:

1st place: Derek Sein-Lwin – $281,514
2nd place: Patrick Plott – $187,676
3rd place: Vladyslav Shovkovyi – $131,070
4th place: Rohit Kwatra – $93,884
5th place: Jacob Ferro – $68,001
6th place: Sanjay Gehi – $50,059
7th place: Chico Pho – $37,463
8th place: Eric Yanovsky – $28,510
9th place: Ricardo Eyzaguirre – $22,069

Sein-Lwin’s takings are the biggest winnings of the event at Cherokee across all games, coming well beyond the next highest amount, won in the $400 No-Limit Hold’em Mini-Main. That was taken by Marshall White, accumulating to a no-less-impressive $135,620, just ahead of Charles Phillips’ $127,911 prize in the $400 No-Limit Hold’em Monster Stack.
This comes after a year of the series pushing the limits when it comes to prize winnings, having announced a record-breaking prize for its Paradise 2025 event earlier this year.
Featured image: Poker.org via X
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