The state-owned Danske Spil has held a gambling monopoly in Denmark for 60 years but the government has plans for the market to be opened to international companies for a price. Foreign gambling companies would have to pay a licence fee and conform to regulations formulated to help prevent problem gambling. It seems that Danske Spil will maintain sole control over Lotto and scratch card games.

It is reported that a pending EU lawsuit charging Denmark with violation of free market rules was the catalyst for the prospective change to the government’s betting monopoly. Danske Spil profits are distributed for public projects such as athletics and culture and last year the country made 2.8 billion krone (US$587.4 million) on gambling, the majority of which was spent on charitable and youth organisations.

When the Danish market is deregulated Danske Spil will be able to offer new games previously banned under the old law. Casino games and poker are likely to be added as the company starts to compete with foreign operators. It will also benefit from the lower tax rate – presently at 30% of turnover – expected to be announced along with the deregulation conditions to be announced today. (E-04.21.09)

© Copyright 2009 CasinoCompendium



>>> return to archives
>>> return to frontpage