Submitted by admin on Wed, 15/03/2017 - 14:30
The country is among the few European nations to have a successful formula in regulating online gambling, which is evident from gross gaming revenues released by Spillemyndigheden or Danish Gaming Authority (DGA). In the fourth quarter of 2016 the gross gaming revenue for online betting was 356 M DKK or 64.5% of the betting market. Online casinos alone accounted for 1,564 M DKK in 2016. Overall, Denmark’s gambling market gross gaming revenue recorded DKK8.9 billion in 2016, which was a 6% rise from the previous year.
One of the major changes in regulatory provisions for offshore online casino operators came in May 2011. The DGA began to allow part of the licensee’s operations to be located outside the country. This was in line with other European jurisdictions where it was not mandatory for online gaming servers to be located in the country in order to be licensed.
