Tag Archives: danish gambling authority

Cashpoint indicted by Danish Gambling Authority for due diligence failures

Cashpoint indicted by Danish Gambling Authority for due diligence failures

Spillemyndigheden, the Danish Gambling Authority, has issued an indictment against omnichannel sportsbook Cashpoint Limited. Cashpoint Denmark AsP, the Denmark facing brand of Austria-based betting firm Cashpoint Sportwetten, was found to have violated rules on business procedures on customer due diligence. Specifically, Cashpoint’s Danish business had infractions on customer familiarisation procedures at its land-based venues, with failures taking place until 21 …

Read More »

Danish betting steadily on the rise as Q4 cross-sector GGR reaches €236.5m

Denmark

Denmark’s betting market continues to grow at a steady pace, according to the latest figures from the Danish Gambling Authority, Spillemyndigheden. For the full year, Danish GGR reached DKK 6.7bn (€902.6m), an increase of 8% on the previous year’s figures of DKK 6.2bn (€836.1m), demonstrating continued growth in the aftermath of COVID-19. On a quarterly basis improvements continued to be …

Read More »

LeoVegas penalised for due diligence and AML shortcomings by Danish regulator

SBC News LeoVegas penalised for due diligence and AML shortcomings by Danish regulator

The Danish Gambling Authority, Spillemyndigheden, has charged LeoVegas with failure to comply with national customer due diligence and Anti-Money Laundering requirements. Conducting an examination of a sample of 20 LeoVegas players in Denmark, the Authority found that the operator – which holds a Danish licence until 2026 – had breached AML requirements in five cases, primarily between 2017 and 2019. …

Read More »

Spillemyndigheden launches responsible gambling guide

SBC News Spillemyndigheden launches responsible gambling guide

The Danish Gambling Authority Spillemyndigheden has strengthened its commitment to educating the industry on best practice after publishing its new guide on responsible gambling aimed at licence holders, their employees and other relevant stakeholders. The guide, which will act as a supplement to the Danish Gambling Act and associated executive orders, will include guidelines and interpretations for how licensees can …

Read More »

LeoVegas gets excited about Danish prospects

SBC News LeoVegas gets excited about Danish prospects

Stockholm Nasdaq-listed LeoVegas Group (LeoVegas) has this week launched its mobile-centric igaming services for the regulated market of Denmark. The European igaming operator had previously secured a Danish online gambling license having met the remote gambling standard of the Danish Gambling Authority. Announcing its first stage launch within the Danish online gambling, LeoVegas governance stated that it was excited to …

Read More »

Danish owned Fibetco launches BetOnFinance.dk

SBC News Danish owned Fibetco launches BetOnFinance.dk

Danish owned Fibetco has launched BetOnFinance.dk, a game that merges the financial and gambling markets. BetOnFinance will take up a unique spot in the Danish gambling sector and within international markets, as part of Fibetco’s vision to ‘make financial markets available for the man on the street.’ Fibetco has built up over 30 years of experience within the financial markets …

Read More »