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Denmark Ready For Online Gambling
01/01/2012 : D verification glitch aside, a new era starts for Danish internet gambling on January 1 2012
From January 1 2012 Danish online punters will hopefully have more competitive and diverse offerings available to them as the market opens up after years of restriction and monopolised gambling.
It won't quite be the full Monty, however; ID verification technical delays will mean that the full implementation of the new regulatory framework under the Danish Gambling Authority will not take place until February 1st. In the meantime operators will be expected to use their usual verification measures and precautions.
Sports betters will particularly benefit from a more competitive environment; under the old monopoly the state typically pocketed a 20 percent margin, compared to the more attractive eight percent usually available in a competitive market like the UK.
Internet casino players will benefit from more competitive promo offers and a wider choice of games and online venues.
Unlicensed operators can expect short shrift from the Danish authorities now that a regulated and more open market is in place. Danish tax minister, Thor Möger Pedersen, has warned that his government will follow the US example and block illegal internet operators seeking to service Danish gamblers.
“The orderly market means, among other things, that all gambling operators without a licence from 1 January 2012 risk that their website or payments will be blocked,” he recently stated.
His warning has been heeded by at least some online gambling operators, among them Britain's Coral, which recently advised its Danish members that it would be stopping their service.
Denmark's 20 percent tax on gross income should bring in handsome returns from the 38 companies that have so far been granted a total of 55 licenses. Some 19 of those companies will offer sports betting – of the remainder, 13 are exclusively online casinos.
The 19 companies that have obtained licences to provide Danish sports betting are: Betfair, Betsson, Bonnier Gaming, Cashpoint, DanBook, Danske Licens, ElectraWorks, Entraction Operations, Hillside, iGame, Interactive Sports, InTouch Casino, Ladbrokes International, Nordic Betting, Nordic Odds, PKR Technologies, Scandic Bookmakers, Stanleybet International and Unibet.
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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