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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.
Gambling News :
Alegriabet Finally Launches -
Our online betting site will deliver a full, market-leading suite of services including pre-match and live betting as well as virtual sports
International Table Tennis Federation in deal with Sportradar. -
The International Table Tennis Federation (ITTF) has today announced it has signed a brand-new integrity partnership with Sportradar utilising the organisation’s world-leading monitoring, intelligence and prevention solutions to help safeguard the sport against match fixing.
NBA odds on Thunder vs. Pacers Game? -
This Wednesday night in Indianapolis, Paul George is due to play his first game at the Fieldhouse as a member of the Oklahoma City Thunder (12-13 SU, 8-17 ATS). But George might not face the Indiana Pacers (15-11 SU, 16-10 ATS); he’s listed as day-to-day with a right calf contusion. Tip-off is at 7 PM ET on ESPN.
2 New Christmas Slots For Microgaming -
Microgaming’s jolly game additions this December. Microgaming adds two more games to kick off the festive season, in addition to its action-packed Highlander online slot.
SportsBetting Supreme Court Showdown -
Sports Law, Betting and Integrity leaders convene to preview Supreme Court Showdown. Thought leaders weigh in on Christie vs. NCAA (which in January will shift to Murphy vs. NCAA)
NBA Odds: Heat Can Burn Cavaliers in Cleveland -
The Cleveland Cavaliers (12-7 SU, 6-12-1 ATS) may have turned their season around, but they’ve got a challenging matchup this Tuesday against the Miami Heat (9-9 SU, 7-9-2 ATS), tipping off at 7 PM ET on NBA-TV. Miami is 7-4 SU and 6-5 ATS against the Cavs since LeBron James went back to Cleveland in 2014.
Games Concept Day in Malta -
The Quickfire Games Concept Day is the second full-day workshop to date, the first being held in Gibraltar in July.
AFC’s fight against match-fixing -
The Asian Football Confederation (AFC) has introduced a new AFC integrity mobile application, which will enable fans, players and officials to report possible suspicious activities or provide information concerning match-fixing or corruption to the AFC Integrity Unit.
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