gambling

Betsson Backs off Denmark License Due to “Black Period”

Formerly among the most bullish to provide online sportsbooks in Denmark, bookmaker Betsson has announced it will delay its decision about whether

Danish gambling laws - Gaming Zion

Formerly among the most bullish to provide online sportsbooks in Denmark, bookmaker Betsson has announced it will delay its decision about whether to apply for a license in the country.

The move is specifically in response to the so-called “black period” listed in the draft law, a clause designed to protect monopoly gambling provider company Danke Spil. The “black period” would insist that all operators seeking to get a license immediately cease operations inside Denmark while licenses are being considered.

The downside of this particular aspect of the new Danish gambling laws is highly negative for the consumer as well: While the first licenses may be issued on October 11 of this year, this may not happen, thereby leaving citizens without any recourse except to play at non-approved internet poker rooms and online casinos in Denmark because Danke Spil simply doesn’t have these offerings.

Some gambling interests are also concerned about a high 20% tax rate assessed foreign operators and the fact that protectionist measures in the draft law make Danske Spil the only legal provider of lottery, horse race wagering, scratch cards, keno and internet bingo in Denmark as well.

Operations reportedly still interested in applying for a license in Denmark include Ladbrokes, Bet24 and Centrebet.

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