Denmark Gambling License

Background Of Denmark Gambling Licenses

Like any other country worldwide, Denmark also operates their own Gambling Authority known as DGA. The Danish Gambling Authority (DGA) is a Regulatory authority that operates under the Danish Ministry of Taxation. The regulatory agency is for a well-controlled and regulated betting market in Denmark and to protect its citizens from fraudulent and illegal gambling. The Danish Gambling Authority (DGA) was established in late 20000 within the Danish Ministry of Taxation jurisdiction. DGA’s first 10 years in operation were used to control the traditional gaming machines used by operators. Those machines were placed in gambling arcades, restaurants, and kiosks.

During that time, they succeeded in supervising the seven major land-based Denmark casinos and Danske Spil, which has a monopoly on sports betting and lottery. In 2012, the gambling Authority issued licenses to operators to hold charity lotteries and bingo games.   This was later changed when the current Act on Gambling became effective.    Today in Denmark, everyone that applies for and obtains a gambling license is eligible to provide gambling products or services. The Danish Gambling Authority is not issuing licenses for lotteries because Danske Lotteri Spil still has a Monopoly.

On 1st  January 2013, the Danish Gambling Authority became an independent authority with its director.

This authority operates in many addresses in Denmark. It has about 150 workers. One hundred of the employees are engaged in the Odense office. While the remaining 50 perform their duty at other locations in Copenhagen and Jutland, respectively. This authority also has supervisors inspect Denmark online casinos and land-based casinos to ensure that they maintain the set standard.

Why is getting an online gaming license necessary?

• Being licensed by a reputable licensing company will boost players’ confidence in your commitment to a fair gaming policy.
• You will stay out of trouble from regulatory bodies.
• It will show the transparency of your gambling Platform.
• It will increase the reputation of your business in the eyes of your customers.

Getting the  required licenses for starting an online or Internet gambling is dependent on some factors such as:

• The region or country you want to establish your business determines the required licenses.
• The jurisdiction that you want to get your online casino license from.

Advantages Of Denmark License Casinos 

The advantage of Denmark casinos that hold a license from the Danish Gambling Authority (DGA) over their competitors is uncountable. Suppose you want to patronize online casinos in Denmark and are unsure if the casino is a license Denmark gambling company.   We suggest that you avoid visiting foreign online casino sites. Danish law prohibits game providers from operating without obtaining a license from DGA. If you find an online Casino that DGA adequately licenses,  you can play for real money, as your safety is guaranteed. DGA regulations are very strict, and land-based and Online casinos are expected to be at their best Every Time.

Below are some of the advantages of Online casinos that DGA licenses.

• Multiple payment methods: playing licensed online casino games on DGA-licensed casinos will allow you to use several payment methods. Danish players can use their local bank cards and wire transfer to make deposits in their betting accounts. Gambling sites in Denmark don’t have restrictions on any financial institution they accept; this makes it relatively easy for Danish players to fund their accounts. Recently, most licensed online casinos have accepted cryptocurrencies such as Bitcoin, Ethereum, and Litecoin as payment options.
• Legal casinos: If you are looking for the best, trust Danish casinos or a Gambling website with more diverse options. DGA casinos are what you should look out for. Choosing casinos with a DGA License is a nice idea. This is because this casino won’t face any Regulatory issues from the Danish government. Also, licensed casinos can rely on the power of their jurisdiction to settle disputes and ensure fair gaming practices.
• Safety: The DGA licensed Casinos are very safe to play at as they employ the latest SSL encryption Technology to protect the information of their players.
• Danish language: Denmark players will have the opportunity to play games in their local language.

Disadvantages Of Denmark License Casinos    

People say that anything that has an advantage also has its disadvantages. And they are probably right, as gambling license Denmark casinos also have disadvantages. Below is the list of disadvantages that we notice in casinos.

• Rigid Application process: To obtain an online gambling license from the DGA. You will have to submit many documents that will go through a thorough vetting and checking process. You might also be required to attend physical meetings.
• High cost of Application: To obtain the license, you will have to pay application fees is a non-refundable €38,000. This fee is subject to a discount if a dual betting and casino license is applied.
• Reoccurring Taxes: Once an operator has received his gambling license, the Danish Gambling Authority tax payment structure is fairly simple. You will be charged an annual fee that will range from €8000 to €700,000 based on the level of license that the casino operator holds.

Trustworthiness    

Some casino Denmark players need help to trust online casinos licensed by DGA. To help you understand why these casinos should be trusted, we shall discuss factors that will encourage you to trust these casinos.

• Safety and scam protection: those Denmark license casinos are well protected against any scam or hack. The software developers use the latest SSL encryption method to protect the sensitive banking information of players. Before you can make transactions, you will be mandated to perform the KYC verification.
• Secure Deposit and Withdrawal method: All the depositing and withdrawal methods used by those casinos are very secure. Your private information is kept safe and encrypted. With these methods, you can easily fund and withdraw your winnings conveniently.
• Quality customer support services: These casinos also ensure that their customer service agent is fully functional. This is so the agent can respond to customers’ enquiries as quickly as possible. You can contact them using their customer support Email, live chat or Live numbers. Live chat remains the fastest means of reaching out to them in case you have issues.
• Legit Pay Out Rate: The payout rate is a very important part of any casino site, and it’s illegal to deny players their payouts. Denmark casinos offer highly competent payout rates to their customers at no extra charge.

Publicity

Recently the Danish gambling Authority published the Market Statistics for the last quarter of the year. From the statistics, we can see that casinos are preferred by both local and international players from the data of October 2022. DGN lottery games are the most popular gambling activity for local players. The Danes prefer lotto games (77%), followed by the Classic lottery (12%). Both scratch cards, Keno and bingo games are less popular. The report also shows that Danish online casinos are also gaining ground. Slots games remain the most played remote casino games. We also saw that about 75.64%  of 2021 revenue is from online gambling machines. Table games like Blackjack and Roulette are also popular online games in the country.

It will be interesting to know that DGA license casinos are only very popular in the Denmark territory. This is because each country has its license that regulates gambling activity. Some best online casinos also operate in other countries, and they do this by getting a license from their host country. The casinos can also be licensed by alternative regulatory bodies such as Curacao. The DGA quarterly report also shows how mobile gaming is gaining popularity among Danish casino players.

Contact Information      

As an organization, it is mandatory to have proper contact information. This is because customers only consider business entities with proper contact information as legit.

Below is the official contact information of the Danish Gambling Authority (DGA).

• Website:spillemyndigheden.dk/en
• Email: [email protected]
• Address: Englandsgade 25,6. Sal -5000 Odense, Fyn Denmark
• Main Phone: +45 72 38 79 13