Denmark Casinos Online
The online gambling industry in Denmark is thriving. According to the country’s regulatory body, it is one of just three countries worldwide where the main part of the gross gaming revenue comes from online gambling. Since the legislation of online casinos in 2012, gambling sites in Denmark have continued to grow in number and popularity.
Denmark Casino Reviews & Ratings
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The History of Gambling in Denmark
Since 1948, there has been a state monopoly on all kinds of gambling-related entertainment in Denmark, which belonged to the Danske Spil company. Slots were allowed, but they were played only for conditional money. In the 1970s, there were “gray” establishments to which only trusted people had access. It may seem strange, but there was no huge money on the tables in such places. People played for matches or scraps of paper, but there were payment tables where the won matches were exchanged for cash.
In 1990, official casinos appeared with the legislation of the industry. Foreign casino operators were allowed into Denmark then. To get a license, they had to meet severe requirements and go through a competition. However, at the beginning of the 21st century, foreign casinos were banned from operating on Danish territory.
In 2012, a new law regulating the gambling sphere was passed. The most significant change was the abolition of the Danske Spil monopoly and access to the Danish market for foreign operators. The state remains the only operator of lotteries, bingo, scratch cards, and betting on horse racing and dog racing. Other kinds of gambling activities can be carried out by private companies. Further changes to the law led to operators and software providers having to be tested and licensed in Denmark. Besides, foreign owners of online casinos had to pay high taxes to the Danish budget.
Current Gambling Laws in Denmark
Currently, the main document that regulates online gambling in Denmark is the Gambling Act. The casinos are controlled by the Gambling Authority of Denmark. The work of national operators is legalized by the Department of the Ministry of Justice, which also cooperates with foreign operators and issues Danish licenses to them. All the casinos operating in Denmark undergo a license confirmation with a clear game list annually.
One more significant point is that the state carefully regulates advertisements related to gambling. For example, licensed operators are allowed to advertise products, but they cannot use the services of third parties, as well as cannot invite famous people to shoot. Furthermore, the information must be as close to reality as possible, especially regarding the winning chances.
The third important thing is that financial control is constantly carried out. Primary verification is a prerequisite for issuing a license in Denmark. Casinos must pay very high taxes to operate legally. These funds are mainly used for cultural and sports development.
Popular Banking Methods at Danish Casinos
Around half of all online activities in Denmark are paid for by bank cards. The most popular online payment service in the country is eDankort. Other popular methods are credit/debit cards, e-wallets, bank transfers online, prepaid cards, and payment of invoices.
FAQ
Is online gambling legal in Denmark?
Yes, the country’s casino industry is fully regulated by law. The legal gambling age in Denmark is 18 years.
Is it safe to play at Danish casino sites?
Yes, it is. Since gambling is legal in Denmark, players can enjoy their favorite games at local and offshore casino sites, given that they hold a Danish Gambling Authority license. Each of such sites uses SSL encryption technology, guaranteeing the user’s private and financial data security.
Will my winnings be taxed if I win at a Danish online casino?
No. All your winnings are tax-free when you play at online casinos in Denmark.
What banking methods are popular in casinos in Denmark?
Popular deposit and withdrawal options include bank cards, e-wallets, and bank transfers.