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The Danish Situation

Gambling in Denmark has proven itself a very big headache for the international online casino gambling industry. The Danish government has long supported a state run monopoly that specifically forbids foreign internet gambling companies from accessing Danish internet gamblers. The European Commission has placed Denmark on its radar for quite some time now and the Danish government has not responded positively to the Commission’s attempts to negotiate more open and fair gambling regulations that would open up the Danish market to foreign online casinos. There is an inkling of change though lately as the Danish government speculates on implementation of new, more inclusive gambling regulations.

But is it all just an attempt to mask the gambling monopoly? There is speculation that the Danish gambling regulations in current development would not allow online casinos to operate in the market profitably. That is a tricky issue. The Danish government is proposing tax regulations on foreign gambling companies that are astronomical and far above the accepted norm in the industry.

The online casinos though are watching to see how this situation progresses. At least the Danish government is making some attempt to address the gambling monopoly in the country – this in and of itself is a major step in the right direction. It seems as though the Danish government is in for a big struggle though as the regulations are developed. Surely the Commission will have something to say about the huge taxation rates and cost-prohibitive nature of the proposed regulations and the Danish government is going to have to contend with a whole lot of international input as this process unfolds.