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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.
PartyPoker Rakebak -
Partypoker brings back rake back for players. All new ‘partypoker weekly Cashback’ launches.
NHL Odds: Lone Canadian Team Plays on Friday -
“Stingy” is a word that many have used to describe the Ottawa Senators in Round Three. The Sens know that they’re overmatched against a Pens lineup that features the likes of Sidney Crosby, Evengi Malkin and Phil Kessel, but with determined defensive play, Ottawa managed to frustrate the Penguins on their home ice, stealing one of two games.
NBA Odds: Will Cavaliers Be Rusty in Game 1? -
The Boston Celtics needed seven games to get past the Washington Wizards, but they got the job done Monday night, winning 115-105 as 5.5-point home favourites. Next up: the defending champion Cleveland Cavaliers, who visit the Garden Wednesday night at 8:30 PM ET on TNT.
4 New Microgaming Releases in May 2017 -
Candy Dreams is a 720 ways to win, variable reel game. Players spin on a colorful reel area filled with candy treats, as they play towards enticing bonus triggers.
PKR Company Statement Update -
Microgaming can confirm that David R Taylor and Matthew R M Wild of RSM Restructuring Advisory LLP were appointed Joint Administrators of PKR Ltd and PKR Technologies Limited on 11 May 2017 by the High Court, Chancery Division.
Microgaming Wins The Spark Award 2017 -
The Spark Award celebrates organisations that experiment with ways of working differently. Previous winners include GCHQ and Places for People. It’s a part of Spark the Change, a global movement dedicated to empowering people and building happier workplaces.
NHL Predators First Ever Conference Finals Appearance -
With three of the team’s top four point scorers residing on the blueline, the Nashville Predators have found a strategy that frustrates even the best in the West. After qualifying as the lowest-seeded Western Conference team, the Predators made quick work of the Chicago Blackhawks (4-0) and St. Louis Blues (4-1) in the first two rounds.
NBA Odds: Wizards-Celtics at the Garden -
The Washington Wizards are making this a series. They’ve won back-to-back games against the Boston Celtics to knot this second-round matchup at 2-2 with Game 5 at the Garden on Wednesday. TNT has the coverage starting at 8 PM ET.
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