Deposit limits are coming to Denmark next month

Players in Denmark will have to set mandatory deposit limits from the beginning of 2020, it has been announced.

These limits can either be monthly, weekly or daily and will apply to online casino.

Regulatory changes in Denmark: the key details

Spillemyndigheden, the country’s gambling operator, has put further changes forward too. These include gambling ad controls and providing information for problem gamblers. Licensed operators must also provide a link to ROFUS, the Danish self-exclusion database.

With regards to self-exclusion, players must be able to perform this action straight from operators’ websites. Companies will also have to provide relevant training to staff, along with creating their own internal set of rules.

To show that regulators have authorised a brand’s operations in Denmark, licensees must also display Spillemyndigheden’s logo on their website.

Reshaping online casino in other areas 

These latest changes come not long after iGaming tax changes were announced for Scandinavia’s southernmost country. From 2021, operators will have to pay 28% of their gross gaming revenue (GGR). The current rate is 20%.

These changes are the first to tax since online gambling in Denmark was legalised back in 2012.

Online operators will owe the government a lower percentage than land-based outlets. Brick-and-mortar casinos will have to pay 45% GGR, plus an extra 30% on revenue exceeding 4 million Danish Kroner.

Online gambling in Denmark 

According to the most recent statistics, online gambling revenue in Denmark grew 6.1% year-on-year in Q2 2019. Although sports betting remains the most profitable vertical, online casino wasn’t far off overtaking it.

Overall, DKK1.73bn (£210.2m / €232.0m / $256.1m) was generated. Mobile gaming accounted for 50.27% of revenue during this stage, which was the first time it has surpassed half.