Danish and UK Gambling Commissions Team Up

Published Monday, June 08, 2015 - Online-Casinos.com
Danish and UK Gambling Commissions Team Up

Danish national gambling regulatory body Spillemyndigheden recently revealed that an increase in revenue from online casino activities helped boost the country’s overall gaming market during the first quarter of 2015. This good news has prompted the regulatory body to link with the UK Gambling Commission in order to provide better protection for consumers of gambling products in Denmark. New data released in March revealed substantial growth in the country’s betting and online casino market over the past two years.

The new legislation to open the market to online gambling operations began taking form in 2008. Danske Spil which had held a monopoly since 1948 pushed back against the new laws on the grounds that it was unfair that online gambling operators would be subject to lower taxes than land-based casinos.

The court case was eventually referred to the European Commission where the European Court of Justice ruled in favor of the Danish Gambling Authority. The legislation was approved and the new laws went into effect opening the market to other operators. Danish poker players were especially pleased with the legislation as it allowed licensed operators to pool Danish players with the rest of the world for poker games.

Under the agreement with the UK Gambling Commission the two organizations will share information which will help both bodies with their respective processes surrounding the fight against money-laundering. In addition there will be ongoing protection of consumers and more protection for the vulnerable gambler.

Spillemyndigheden the Danish regulatory body stated, “The signature of this agreement with Gambling Commission pursues cooperation policy with regulatory authorities sharing a common view on online gambling regulation,” adding,  “This corresponds with the work related to online gambling currently ongoing at European level regarding promotion of cross-border cooperation and adoption of common principles guaranteeing a high level of protection for consumers, players and minors.”

 

 

 

 

 

 

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