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Danish Model Forming

Denmark is making headlines this month as the country that was once such a proponent of gambling monopolies and a highly protected online casino gambling market is now looking to liberalize the market and become a model country in terms of inclusive gambling regulations. The about-face was actually really sudden and took the gambling industry by surprise as the Danish lawmakers are rapidly developing these new liberal gambling regulations. The idea being, that Denmark will formulate regulations that allows for fair competition between the online casinos while also closely monitoring and regulating the internet gambling companies in a fair manner.

A huge issue in the European market right now is the fact that nearly a dozen countries still support and operate online casino gambling monopolies. And to further compound the issue, many European countries that have agreed to comply with EU law have gone out of their way to develop complex regulations and loopholes that will stave off European Commission’s threat to refer countries to the European Court of Justice – but yet many of these countries are not implementing regulations that really level the playing field for the foreign online casino sites.

Basically, many newly regulating and regulated countries have loop-holes and complexities built into the new gambling laws. This is not effectively serving the European community and it actually comes as a surprise that Denmark is the country willing to step forward with a liberal and clearly outlined regulatory strategy for the online casino industry. If Denmark’s newly proposed plan implements effectively it really could stand as the standard model of European online casino gambling regulations.