Tag Archives: denmark

LeoVegas secures Danish licence extension until 2026

Spillemyndigheden, Denmark’s Gambling Authority, has renewed the operating licence of LeoVegas AB for a further five years, until 2026.  The extension will allow LeoVegas to continue operating its online casino and sportsbook brands for the regulated market of Denmark, which reformed its online gambling laws in 2018. LeoVegas has operated in the Danish market since 2016 and has since become …

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Danish operators reminded of their money laundering Act duties

Spillemyndigheden, Denmark’s gambling authority has reminded licensed incumbents of their duties to report suspicious AML activities to FIU – Denmark’s Money Laundering Secretariat. The warning comes as FIU updates its ‘list of AML indicators’ that must be reported on by Danish licensed-or-registered businesses working within high-risk compliance sectors such as banking, trading, insurance and gambling. The compliance duties of Denmark’s …

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Danish gambling abides by new advertising complaints board 

Strengthening the ‘code-of-conduct on advertising’, Danish operators have launched ‘Spilreklamenævnet’ – an independently managed complaints board monitoring gambling advertising and media.  The founding of Spilreklamenævnet forms part of planned advertising directives for Danish Gambling announced in 2018, which saw regulated incumbents pledge to observe new binding code-of-conduct protections on gambling advertising.     The complaints board will be managed by Danish professional …

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Danish Treasury backs merger of Danske Spil and Klasselotteri

Nicolai Wammen, Denmark’s Minister of Finance, has stated that his department supports a merger of state-owned gambling operators Danske Spil and Danske Klasselotteri. Reporting to Folketing (parliament), Wammen expressed that a merger would ‘create a better strategic framework’ for the state-owned assets and how their charitable contributions are distributed, benefiting Danish society. Furthermore, Wammen detailed that both companies were in …

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Spillemyndigheden to block 55 unlicensed websites targeting Denmark

Spillemyndigheden, Denmark’s gambling regulator, has secured a court approval to block 55 websites that had been operating without the relevant licences in the country. This is the highest single number of sites to be closed off since the regulator began intercepting illegal websites in 2012. Including the 55, it has now blocked a total of 145 domains to date. Spillemyndigheden …

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Better Collective hits high notes ahead of 2021 transformations

Better Collective AS has backed its digital portfolio and long-term business strategy after the company maintained its growth profile by navigating a year of unprecedented headwinds.  Publishing its full-year (FY) 2020 results, Better Collective recorded corporate revenues of €91 million – up 35% on the corresponding €64.5 million from FY2019. Corporate performance was boosted by a strong close to year-end …

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Danske Spil renews Quantum contract with Sportech

Sportech Plc has announced a major client extension as Danske Spil, Denmark’s state-owned lottery operator, renews its pari-mutuel technology agreement with the racing systems provider.  The agreement will see Danske Spil continue to utilise Sportech’s ‘Quantum’ software as lead retail system for racing tote and pari-mutuel markets. Last year, Danske Spil undertook a group-wide overhaul of its retail racing system …

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