Denmark has turn to the latest European nation to artless up to online gambling. They consider joined an ever growing collection of EU countries to pronounce legislation, which allows them to manage online gambling.
So far, there own been 38 leading operators that esteem managed to gain a total of 55 Danish Online Gaming licenses. Denmark has followed in the example of countries such as Spain and France who esteem realised the potential revenue there is to have ing made from this multibillion dollar assiduousness.
More than half of the companies that acquired one online gambling license from Denmark are in certainty Malta-based operators. This new legislation was given the raw light by both the European Commission and the Danish Parliament.
The Danish Tax Minister, Thor Mger Pedersen commented forward the latest optimistic turn for online gaming saying, "From January, the gambling mart will be orderly and we decision ensure that holders of a betting and online small house license to operate on the Danish mart will also contribute to society."
He therefore went on to say, "Danes, considered in the state of well as the many associations supported the agency of the gambling market can be blithesome."
But there was also stark notice for those operators that do not require a license in order to legally have effect by January 1st. These operations would have existence blocked by the Danish Gambling Authority. "The quiet market means, among other things, that wholly gambling operators without a license from 1 January 2012 exposure to harm that their website or payments devise be blocked," added the Minister.
It looks similar to though Denmark will take the same stance that the US Department of Justice took while they closed down three of the cosmos's most popular online poker rooms in April, what one included Absolute Poker, Full Tilt Poker and PokerStars.
Gambling was previously allowed in Denmark that was largely unregulated and trace by reflection by a state monopoly. The firmness was made in 2009 to push in spite of the online gambling sector to exist completely regulated.
The proposals that were initially made through Denmark meant that there would exist a flat tax of 20% what one would apply to the gross playing for money revenues for operators that provide online playing for money services including gaming machines and other online lodge games. Land based gaming halls fust still suffer a 75% rate.
Many organisations require welcomed the new legislation such to the degree that the Britain's Betfair, which is a creditable gambling group. They were one of the foremost to acquire a new Danish permit and commented on the subject, "Denmark's just discovered legislation is a great example of which modern-day gambling legislation should front like across Europe.
