Denmark is a Scandinavian country in the North Europe sharing border with Germany in the south, the North Sea in the west and the Nordic countries of Norway and Sweden in the north. It acceded to the European Community in January 1973. More and more Danes are trying different sports betting sites within the online betting sphere in order to complement their watching of sports. This blog post focuses on the betting sites in Denmark and sport betting, including legal aspects, top betting platforms, and Danish sports.
Table of Contents
Summary of Key Events
Danish History of Gambling Laws
The regulation of gambling has been a part of the Denmark society since the early 1900s. The Danish Gambling Act of the year 2012 is the principal regulation that regulates all forms of gambling in Denmark. This act was crucial as it allowed foreign investment in the market but at the same time laid down strict rules for the protection of consumers.
- 1933: The government of Denmark enacts the first gambling laws where the first gambling form to be regulated was lotteries.
- 1948: An amendment that was passed permit betting on horse races.
- 2010: The Gambling Act was passed by the Danish Parliament in 2012 and the act came into force; this allowed online gambling operators to apply for the licenses.
Prohibited and Permitted Bets
Gambling laws of Denmark are aimed at providing a healthy environment for betting and at the same time, some types of bets are prohibited in order to ensure fair play.
Permitted Bets:
- Football, basketball, tennis and many more (Sports betting)
- Casino games that can be played over the internet (poker, blackjack, roulette)
- Horse racing
Prohibited Bets:
- Other types of betting include; betting on non-sporting events such as politics for instance, betting on political elections.
- State run and controlled commercial lotteries (monopoly).
Regulatory of Betting Sites in Denmark
The gambling industry in Denmark has several entities that help regulate the business so that the person planning to engage in the activity gets the right protection.
- 1. The Danish Gambling Authority (DGA): Some of the duties include; issuing of licenses, formulation of policies on gambling and enforcement of the same.
- 2. The Anti-Money Laundering Secretariat: Outlaws the operators of gambling sites to comply with ant-money laundering policies.
- 3. The Danish Consumer Ombudsman: It is in charge of ensuring that marketing activities do not fool customers through advertisement.
Gambling Licenses and Fees
This paper finds that gambling companies have to obtain the right licenses and pay the necessary fees and taxes to be legally accepted in Denmark.
Online Gambling License:
- Duration: It is within 5 years.
- Fee: This paper will cost DKK 250,000 (approx. EUR 33,500).
Land-Based Casino License:
- Duration: This case may take between few months to a maximum of 10 years.
- Fee: Depends with the location and the size of the organisation.
Tax Rates:
- Online Betting and Casinos: This is a 28% on the Gross Gaming Revenue (GGR).
- Land-Based Casinos: 45% GGR and additional taxes depending on the revenue of the casino
Popular Betting Sites in Denmark
The Danish legal framework also allows for the presence of several Bookmakers’ offices in the country, as well as a number of sports and casino game.
Mr. Play:
Up To £100
Dafabet:
Up To £130 + £5 Free Bets
22Bet:
Up to £122
Important events in Danish sports
There are various noticeable events that have occurred in Denmark and influenced the sports betting industry.
- 2012: The Danish Gambling Act is put into effect, and the country’s doors are opened to foreign operating companies.
- 2017: Launching of the Gambling Certification Program by the DGA.
- 2020: New measures in the fight against money laundering to prevent financial crimes were put into place.
- 2023: The need to produce identification when betting in physical shops of the company.
- 2024 (Upcoming): Large changes in the Danish Gambling Act to be introduced soon.
Celebrating Danish Sports Stars
The Danish have a history of producing sports personalities that have win accolades for the country and in the process encourage more people to participate in betting.
Peter Schmeichel:
- Awarded the IFFHS World’s Best Goalkeeper in 1992 and 1993.
- Important player in the Danish team that won the European Championship in 1992.
Caroline Wozniacki:
- Is a four-time Australian Open champion winning the title in 2017 and 2018.
- Ex world no 1 in tennis.
Christian Eriksen:
- Represented such great teams as Tottenham Hotspur and Inter Milan on the field.
- Received the Danish Footballer of the Year award severally.
Gambling Laws of Neighboring Countries
The neighboring countries of Denmark also have their rules regarding gambling which differ from Denmark’s rules.
Germany:
- The only exception goes to the state level regulation of gambling.
- The Interstate Treaty on Gambling (modified in 2021) is meant to harmonize the laws across the different states.
Norway:
- Gambling is strictly regulated and is in fact the state monopoly.
- Norsk Tipping and Norsk Rikstoto are the only two legal operators of the betting services.
Sweden:
- The Swedish gambling act (2019) opened up the industry.
- The licensing and enforcement of all regulatory matters rest with the Swedish Gambling Authority, the Spelinspektionen.
Conclusion
The gambling environment in Denmark is also quite developed and legal, which makes it a perfect place for sports betting enthusiasts. It is essential to know about Denmark gambling laws, famous betting sites, and Denmark sports personalities to be appreciated.
FAQ: Betting Sites in Denmark
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