Denmark Open To Online Gambling

Published: Wednesday, April 22, 2009 Online-Casinos.com

Plans for deregulation, and a renewed move to a free market economy in Denmark, began this week. State owned Danske Spil is due to be removed as the sole supplier of gaming services. The company has had a monopoly for six decades. The European Commission has been suing the Danish Government over violations of E.U. monopoly rules, in effect pressuring the government to make the move.

As with most countries embarking on the free trade route there are to be licencing fees applied by the government. Danske Spil remarked it welcomed the move because currently 30 percent of its take is payed out to the Government and now that will be much reduced as a result of the deregulation. The state's coffers, are sure to be filled as the market expands with the new age of internet gambling. The opening up of the market will bring more interest to the industry. Foreign gaming companies will begin advertizing in Denmark and their internet play will be legally available to purchase.

It is reported that 11 billion kroner was spent on gaming nationwide, last year. The state profit was 2.8 billion kroner, of which 1.6 billion of that went toward charitable and youth organizations.

Danske Spil's managing director, H.C. Madsen commented, "It will be nice to get some clarity on the issue after so many years of uncertainty," "We'll also be able to offer casino gambling and poker now, which we couldn't do before."

It has been at least two years since the European courts began to bring to light that he Danish Gaming Laws were not fair to the rules of European Union membership. Online gambling participants in Denmark are now in a much better position to play. More choice means more enjoyment. More money in the government coffers means more money for social requirements and amateur sports.