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DENMARK OPEN FOR BUSINESS BY MID-2011?
Posted 1/21/11 : Tax minister gives the Danish gambling industry his assurance that tax dispute will be resolved this year
The much-delayed opening up of the Danish online gambling market will take place by the autumn of 2011, a meeting of industry managers was told this week by Danish tax minister (Skatteminister), Troels Lund Poulsen.
The government's attempt to move away from the monopolised system epitomised by Danske Spil ran into trouble last year when complaints were made to the European Commission over the disparity in taxes proposed for land gambling operators vs. their internet equivalents.
There has been speculation that the minister sought to reassure the industry after rumours circulated that it may be two years before the dispute is resolved and the market opened up.
The Skatteminister reportedly told the gathering that he had met the European Union minister for competition and emphasised to him the importance of a quick resolution, and that he had received an assurance that the European Commission would cooperate in expediting the process.
The government planned to move as soon as the EC opinion was received, and would open the licensing process with a view to implementation three months later; a possibility that may assuage fears by aspirant licensees that they could be disadvantaged against Danske Spil by a requirement that they stop all business activity with Danish players until their licenses are issued - the so-called 'black period.'
But until the European Commission reacts, the Danish online gambling initiative remains on ice.
Danske Spil Bingo Moves to Microgaming -
The national lottery of Denmark, Danske Spil, is live on the Microgaming Bingo Network. Danske Spil, the Danish national lottery, is live on the Microgaming Bingo Network following a change to its licence conditions.
Quickfire live on Strendus -
Quickfire powered by Microgaming is extending its reach in the LatAm region with the signing of Strendus. Strendus is the online division of Logrand Entertainment Group. The group comprises several companies that operate gaming and entertainment establishments in Mexico, running 14 land-based casinos in total.
Quickfire content live on BetatHome -
Online gaming and sports betting company bet-at-home was founded in 1999. Today the company has 4.8 million registered customers around the world, offering sports betting, casino, live casino, Vegas games, poker and virtual sports.
Microgaming has donated £30,000 between four charities -
Gift of Giving provides Microgamingís customers the opportunity to vote for one of several charities in their region. In lieu of Christmas gifts, £30,000 is split equally between four global regions: Isle of Man, UK and Europe, Africa, and Rest of the World.
Entertainment Betting Odds: 90th Academy Awards -
The Shape of Water leads Sundayís 90th Academy Awards (8 PM ET, ABC) with 13 Oscar nominations, but when it comes to Best Picture, this highly-acclaimed film is a +140 second-favorite behind Three Billboards Outside Ebbing, Missouri at Ė115.
Fair Play Bets and QuickFire in Deal -
Fair Play Bets enjoys an unrivalled reputation for an outstanding player experience, with secure deposits and withdrawals, surprising casino bonuses and committed customer support. Fair Play Bets is licensed in UK, Malta and Curacao.
Cavaliers Aim to Take Down Wizards on 2/22/18 -
The Cleveland Cavaliers have looked like a different team since making their moves at the trade deadline. The Washington Wizards are up next for the Cavaliers, who will be at home after the All-Star break.
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