Denmark has issued licenses to online gambling providers regardless of where they are located. There are measures in place to prevent unlicensed sites from operating in the country, but that hasn't stopped foreign sites from making money here. Although Sommaruga explained the provisions of the proposed law, he did not answer the reader's question. If he does, he will have to admit that foreign casinos generate more revenue than their Danish counterparts.
Online gambling in Denmark
Online gambling in Denmark is available to residents of the EU only in a licensed casino. The Danish government receives 20 percent of all online casino profits, while foreign operators pay the government 45 percent of profits up to €500,000 and 70 percent after that. The Danish government regulates the advertising and marketing of gambling activities and facilities. Only Danish licensees may be featured in gambling advertisements, and public figures may only be used to a minimal extent. The promotion of third-party games is also prohibited.
Unlike online casinos in Denmark, which require local licensing, foreign casinos that accept Danish players are subject to different rules and regulations. First, foreign companies must obtain gaming licenses in Denmark. Secondly, they must obtain gambling licenses for each type of gambling they offer. The Danish Gaming Regulator recognizes six categories of online gambling, each requiring a separate license, this article will shed more light on these terms. In addition, foreign online casinos that offer various types of gambling must also comply with certain regulatory requirements.
Land-based casinos in Denmark
While the government does not require foreign operators to operate a Danish casino, Danish lawmakers have agreed to raise online gambling taxes by 40%. The move, which could pave the way for further liberalization of European gaming markets, would mean that licensed online casino operators would pay 28% of their gross gaming revenue instead of the current 20%. The change is intended to raise $150 million in tax revenue for the state and provide a level playing field for land-based and online casino operators.
While the law does not currently allow foreign gambling establishments to operate in Denmark, there are requirements for those who operate land-based casinos. For example, terrestrial providers must provide full public access. The number of cars is limited to 50 and the turnover is limited to 5 million DKK. Regarding the type of games offered, operators must also indicate their age limit and that they are members of the Danish Gaming Association (DGA). They cannot offer lotteries in Denmark.
The Internet as an opportunity for a better and more varied selection of games in the Danish gaming market
Danish players have begun to use the Internet as a portal to the global gaming market and the number of Danes involved in e-commerce is expected to grow. However, despite the positive impact of the Internet on Danish society, there are also some downsides to the Internet-based gaming industry. In this article, we will explain the shortcomings of this development and what can be done to counter them. And don't forget to ask: How games affect us
In December 1999, the Danish Minister of Revenue set up an inter-ministerial working group to explore the possibilities of the Internet for a wider variety of games and a more varied choice of providers. The Group seeks to develop and unify gaming legislation and determine how the Internet can be used as a means to create a more varied and better gaming selection.