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Industry
July 3, 2024
Danish Regulator Gains Enhanced Powers via Legislative Update
The Danish Parliament has adopted significant amendments to the Act on Gambling aimed at bolstering the regulatory powers and effectiveness of the Danish Gambling Authority (DGA). The changes, effective from 1 July 2024, mark a substantial shift in the authority’s ability to combat illegal activities and enhance transparency within the gambling sector. A Powerful Regulator […]
Industry
June 28, 2024
Spillemyndigheden to Start Accepting B2B License Applications from September 1
The Danish Gambling Authority (Spillemyndigheden) announced that gambling industry suppliers will be able to apply for a B2B license from September 1, 2024. This announcement comes as Denmark prepares to introduce a mandatory licensing system. For context, starting on January 1, 2025, suppliers of betting and casino games will only be able to offer their […]
Industry
June 3, 2024
Spillemyndigheden Revises AML and CFT Guidance
The Danish Gambling Authority (Spillemyndigheden) announced that it has published a revised version of its Guidance on the Prevention of Money Laundering and Financing of Terrorism. The updated guidance, the regulator said, is meant to supplement the Danish Financial Supervisory Authority’s (Finanstilsynet’s) Guidance on the Act on Preventive Measures against Money Laundering and Financing of […]
Industry
May 29, 2024
Danish Gambling Authority Seeks Feedback on New Game Data Reporting Rules
Last week, Spillemyndigheden, the Danish gambling authority, announced an update to its game data reporting requirements. The changes are meant to be implemented by 2025. The proposal has been designed to improve upon the current methods of regulation within the country’s gambling industry for greater transparency and more accurate reports. Stakeholders Urged to Comment on […]
Business
April 16, 2024
Gambling Spend Skyrockets by 18% in Denmark for February
Spillemyndigheden, the Danish gambling regulator, released new data, highlighting a significant increase in the spending on gambling activities for this February. Data disclosed Tuesday revealed that the total gambling spend on online casino, gaming machines, land-based casinos and betting, skyrocketed to DKK 587 million ($83.8 million). The aforementioned result, compared year-over-year to the February 2023 […]
Industry
April 15, 2024
Danish Regulator Rebukes Mr Green’s AML Reporting Choices
At the start of April, Denmark’s gambling regulator, Spillemyndigheden, issued a fresh report highlighting its greatest achievements in the fight against illegal gambling in 2023. The Danish Gambling Authority (DGA) took the opportunity to further confirm that the monitoring of illegal gambling offerings will continue to be one of its priorities. In recent news, the […]
Industry
April 5, 2024
Spillemyndigheden Issues Orders, Reprimands SkillOnNet
Spillemyndigheden, the Danish Gambling Authority, tasked with the regulation of the gambling sector in the country, announced it issued reprimands and orders against one gambling operator. Earlier this week, the Authority revealed that it issued three orders to SkillOnNet. The orders came after the gambling regulator uncovered that the licensee breached the rules for anti-money […]
Industry
April 2, 2024
Gambling Regulator in Denmark Continues to Fight Illegal Offering
The gambling regulator in Denmark, Spillemyndigheden, released a new report, highlighting its efforts against illegal gambling and accomplishments completed in 2023. Details regarding the new report emerged Tuesday with the gambling regulator confirming that monitoring illegal gambling offerings is a part of its ongoing priorities. Not unexpectedly, Spillemyndigheden takes action against unlicensed gambling operators offering […]
Industry
March 19, 2024
Denmark Records Lower Gambling Spend, iGaming Grows
Spillemyndigheden, Denmark’s gambling regulator, published a new statistic about the market’s performance in 2023. According to the authority, Danes spent a total of DKK 10.3 billion ($1.5 billion) on gambling in 2023. The figure, Spillemyndigheden added, represents a slight decrease of 1.7% year-on-year. The gambling regulator added that spending has been on the decline every […]
Business
March 8, 2024
Danske Spil Posts FY 2023 Results, Highlights 6% Increase in Net Income
Danske Spil, Denmark’s state-owned lottery and betting operator, has published its FY 2023 results, reporting a slight increase in overall revenue. Data shows that the company’s lottery businesses fared well but the casino and sports betting businesses experienced a decline. Revenue in 2023 reached DKK 5.04 billion ($0.74 billion), up from DKK 4.98 billion in […]
