News from Scandinavia on Internet Gambling Regime

29 December 2012 – By Cristian Dragomir

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Online casino gambling in Denmark has been in the news after adjusting their policies with respect to this field. About a year ago, the Danish Gambling Authority had set up a regulated online gambling regime and had issued licenses for online casino operators that are valid for an initial period of one year. The gambling authority has decided now to extend the validity period for these online gambling licenses to five years. The measure is valid for 20 foreign and 5 local online gambling companies that operate on the Danish market. In the last few months, the Danish Gambling Authority has also issued restricted licenses to 9 smaller operators. Through this type of license, operators can offer online gambling services but their revenue income is restricted to a maximum of Danish kroner 1 million, meaning about £ 100,000.

Illegal and unlicensed online gambling in Denmark is another problem that has been solved after regulating the online casino market in this country. Representatives of the Legal Division at the Danish Gambling Authority said that some operators were compelled to leave the jurisdiction and about 20 of those who refused to comply had their web site4s blocked by Internet Service Providers. The measures taken against illegal and unlicensed online gambling operators are meant to protect both consumers and the legal operators on the market.

Sweden in one of the Scandinavian countries, that plans to regulate and license online gambling this year. Most online casino markets in this European area already offer legalized and regulated online gambling and this has prompted Sweden to follow suit. The National Audit Office has made a study that recommended this course of action and the Swedish government accepted their recommendations. Before this intent can be given effect, the government must make legislative changes and only after this step a complete proposal for a regulatory system would be introduced to Parliament for discussion. The proposal must also take in consideration that citizens must be protected against unlicensed offshore operators and from the dangers of underage and problem gambling. The government is committed to start the implementation of this proposal by 2014.

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