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January 3, 2013 : DANISH ONLINE GAMBLING OPERATORS GET FIVE YEAR LICENCE EXTENSIONS
Five Danish and twenty foreign operators to benefit
The Danish Gambling Authority has extended its first tranche of online gambling licenses - issued a year ago - to a five year duration in a move that benefits 5 local and 20 foreign operators.
In a parallel move, the Authority has issued revenue-restricted licenses in respect of 9 smaller operators, restricting their gross gambling revenue income to Danish kroner 1 million (just over GBP 100,000).
The Authority seems confident that it has illegal, unlicensed operators under control after chasing some operators out of the market and ISP-blocking others.
“The scope of illegal websites in Denmark is estimated to be rather limited,” said Tina R. Olsen, head of the Legal Division at the DGA.
“The fact that 20 illegal websites have been blocked in 2012 illustrates that the Danish Gambling Authority performs its obligation to monitor the Danish gambling market in order to protect both consumers and the legal operators on the market."
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Gambling News :
Is Gibraltar Out of Luck in US Tax Challenge -
Gibraltar's challenge to the UK 15 percent point-of-consumption tax on online gambling operator revenues has already failed in the UK High Court, and it looks as if it may be rejected by the European Court of Justice too.
Quickspin are now available in Denmark -
#quickspin The roll-out strengthens the long-standing partnership between the supplier and the operator, with Quickspin games already available on Vera&John’s websites around the world.
UCypher Launches -
Indian entertainment and media entrepreneur Ronnie Screwvala has announced the formation of UCypher, an eSports tournament in which ten teams will compete.
Extreme Live Gaming In deal With Betsson -
Extreme Live Gaming, a subsidiary of the Novomatic Interactive group, has announced a live dealer product deal with the Betsson online gambling group, with an initial launch planned for Betsson.com, followed by other brands in the Swedish group's portfolio.
Expansion Mode For BoyleSports -
The Bambury premises are situated in Kildare, Meath and Dublin and will be refurbished and rebranded after acquisition, with the total of 31 staff remaining in employment..
Safecharge Q4-2016 -
Online e-cash processing firm Safecharge, where Playtech's Teddy Sagi is a majority shareholder, released a trading update on its Q4-2016 performance Thursday, flagging record transaction processing volumes and revenues.
ASA Most Controversial Ads of 2016 -
Paddy Power's penchant for advertisements that cause a stir saw the betting company mentioned twice in the Top Ten most controversial adverts of 2016 released by the Advertising Standards Authority in the UK Thursday.
Yggdrasi To Enter Italian Gambling Market -
Yggdrasil’s Italian offering will include the company's collection of in-game promotional tools, BOOST, improving gamification, and the social sharing tool, BRAG. The company’s mobile product will also be available on its HTML5 iSense 2 platform.
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