Gambling business in Denmark
In Denmark, gambling is allowed both in physical establishments and online. The Danish gambling market is nationalized and controlled by a specially created body - the Danish Gambling Authority, which reports to the Danish Ministry of Justice, issues licenses and regulates the operation of gambling companies.
In Denmark, any citizen over the age of 18 can play both on land and in online casinos
According to a 2016 report by the Danish Gambling Authority, total gaming market revenue was DKK 8,850 million (US $ 1,259.42 million). Of this, DKK 3,739 million (US $ 539 million) was received from online casinos and bets.
Peculiarities of regulating the gambling business in Denmark
Gambling in Denmark is considered as a form of entertainment. The Danish gambling authority defines the following gambling:
Services are provided at land-based casinos, gambling halls and betting points. It is also possible to play gambling online.
As for poker in Denmark there is a difference between sports poker and gambling poker. Sports poker does not require a license and is conducted in accordance with the law of poker. For this the tournament must be public and must be held in a specific place, the participants must be physically present. Poker tournaments in Denmark are not considered gambling and are classified as a sport.
Gaming Regulators and Laws
The gambling market in Denmark is regulated by a special body - the Danish Gambling Authority, a division of the Ministry of Justice. The department operates in accordance with the Danish Gambling Authority and the Gambling Act.
The activities of gambling service companies are regulated by law. The main document regulating the work of gambling establishments is the Gambling Act. This act applies to all areas of the gambling business except poker championships.
The gambling business in Denmark is licensed by the Danish Gambling Authority. An application will be considered if:
The founders of the company are over 21 years old and they have no problem with the law;
Gaming licensed species
According to a 2016 report by the Danish Gambling Authority, total gambling revenue totaled Rs 8,850 million (US $ 1,259.42 million). Among them:
Online gambling in Denmark
Almost half of the total revenue of the Danish gambling business comes from online casinos and betting. As for sports betting, according to the data, about 64% of bets are placed online. According to the statistics given on the website of the Danish gambling authority, online casino users prefer the following games:
Given that the gambling business in Denmark is largely nationalized, there are a number of requirements imposed on online casino sites. Foreign operators of Internet sites must meet the following requirements:
Foreign operators who legally deliver their services in Denmark are taxed at a higher rate than national operators. Foreign companies pay the government about 20% of their annual profits in the Danish gambling market.
The 5 largest online casinos in Denmark are:
Popular slot machines in Denmark
Gambling users of Danish online casinos prefer modern five-reel slots with different bonuses and gaming features. In addition, classic slot machines with three screws and prize screens are also popular. Men over the age of 30 choose classic slot machines, while women and young gamers choose slot machines with spectacular graphics and additional features: jackpots, free spins and bonus games.
The list of popular slots in Denmark includes:
Since the gambling industry was legalized in Denmark, various software developers have been established in the country for both land-based and online casinos. The most famous companies in Denmark are:
Prospects for the development of the gambling business in Denmark
In its 2016 annual report, the Danish Gambling Authority outlined the immediate goals and prospects for the development of the gaming market. Department officials said they would continue to work with national and foreign operators in the Danish gaming market.
To prevent gambling addiction and create a healthy consumer environment, the Danish Gambling Authority is planning a series of training lectures in schools, universities and sports clubs. Denmark also has a ROFUS register (a register of voluntarily excluded players) for clients who are registered on the list are barred from accessing online gambling sites and betting sites - temporarily or permanently.