Spillemyndigheden, the Danish gambling authority, has announced a series of changes to the certification and licensing of online casinos and bookmakers which will come into effect in 2020.
Changes include online gambling companies being required to comply with strict deposit and wagering limits and to include links to aid organisations and the official self-exclusion register on their websites. The changes are intended to give online players more control and a better understanding of their gaming habits.
Every player must determine a fixed betting limit from the beginning of next year with online casinos, which can refer to a period of one week or one month. To comply with the relevant anti-money laundering arrangements, higher deposit amounts and limits must be checked by casinos and enable players to receive an account statement which details all payment and player activities. Previously, this was limited to a period of twelve months.
The regulatory changes come weeks after the announcement that taxes for online gambling providers are to be raised by 8 per cent from 2021. Spillemyndigheden offers the national self-exclusion register, ROFUS, that online providers will need to provide a website link in 2020. The personal data is stored centrally and is available to the systems of all online casinos, preventing a re-registration of an excluded person.
At present, 47 online gambling companies have licenses to offer online casino games and sports betting in Denmark, with 131 registered websites distributed amongst them. Licenses are valid for five years, after which providers must apply for a renewal.