Licenses
History of Gambling in Denmark
Casino Marienlyst is the oldest casino in Denmark.
It was opened in 1902 after receiving permission from the then Crown Prince and later King Frederik VIII.
In 1948, Denmark launched Danske Spil.
This state-owned company ran the first national lottery, which is still running today.
Online Casino Licence
The casino licence gives permission for operators to offer casino games.
These include safety precautions, reporting data, a certification programme, and they must offer ROFUS service.
The certification programme is basically a framework for testing and inspection from the authority.
The ROFUS service is a self-exclusion tool that has to be provided in all licenced casinos and sportsbooks.
There is also a request for permanent self-exclusion.
Fees and Taxation
There are also annual fees that must be paid.
These depend on the Gross Gaming Revenue, or GGR, of an operation.
These are the current fees at the time of writing, but they go up each year.
Operators also need to pay income tax on their profits.
The income tax in Denmark is extremely high; in the gambling sector the tax rate is 28%.
You will always be in safe hands with a Danish-licenced casino or sportsbook.
To add to that, there is also the ROFUS service, which lets you self-exclude.
This service is mandatory for all licenced companies.
However, there are a few limitations that must be kept in mind.
Well, for Danish citizens this would mean you have to pay income tax on whatever you win.
