Rethinking Danish Legislation
Denmark’s new legislation to expand online casino gambling in the country
outside of the country’s current monopoly have met a lot of resistance from the
European internet gambling scene as well as from the European Commission and
particularly land based operators in Denmark. Danish laws have long supported
the state’s land gambling monopoly and protected those state interests despite
the European Commission’s demands for compliance regarding an open EU market.
Denmark passed regulations that would have heavily taxed land based gambling
operators far more than the tax on offshore online casinos – almost a reward for
foreign companies according to the complaints from Denmark’s land companies.
Danish legislators have now re-worked the new land and online casino gambling
regulations, passed these new regulations through parliament and are actually
now awaiting European Commission approval. Once the Commission approves the
regulations it will mark an important step for Denmark in coming into full
compliance and welcoming in foreign online casinos – something that has been a
long time coming. Naturally though the land gambling companies that are facing
higher taxes and new competition are less than thrilled with the liberalization
and do not approve of the huge discrepancy between proposed taxes on land and
internet companies – up to 75 percent for land companies and a mere 20 percent
tax on internet casino sites licensed to operate in Denmark.
The Commission is currently reviewing the recently submitted Danish regulations
and approval or commentary is expected soon. The foreign online casinos,
however, are eagerly awaiting approval because that will mean legal and full
access to the lucrative Danish market. |