Casino News: Possibility of liberalization in Denmark

Possibility of liberalization in Denmark

 August 9, 2009, 5:58 am (2 years ago)
A spokesman for Ladbrokes has an experience of fighting agaisnt the Danish state gambling monopoly in the past, and now has showed that the UK betting giant might be set to yield to ruling if the Scandinavian nation opens up its online gambling market.

The Danes lately finished drafting on an authoritarian system following the years of competing with private gaming operators and the European Commission on Danske Spil’s monopolistic hold on the local market, and apparently, the suggestions have been proposed on comment and approval to the European Commission, which has until October 7th to bring in its estimation.

Conjecture according to insider sources is that any Danish licensing administration will be extremely expensive for operators of sportsbetting, online casino and poker websites. Numbers in the region of GBP 340 000 to GBP 455 000 per year are being bandied about, together with levy rates that may be equivalent to the British rate of 15 % on earnings or go over to 20 %.

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