Tag Archives: denmark

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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Pernille Mehl ends tenure as CEO of Danske Spil’s lottery unit

Danish national lottery and gaming provider Danske Spil has announced that Pernille Mehl, CEO of Danske Lotteri Spil (DLO), will leave her role after six years with the company to take on a new position as CEO of a tech company. She will remain at DLO until November 1 at the latest. As of writing, Mehl was not in a position to reveal exactly …

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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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LeoVegas wary of tricky markets despite record Q4 performance

LeoVegas AB has reported its ‘strongest fourth quarter ever’ but has found going tough in its core Nordic markets. Changes in regulations in both Sweden and Norway, and large tax increases in Denmark have caused the company’s Nordic profile to strain, but the group has still been able to report adjusted EBITDA growth of 25 per cent for the full …

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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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Denmark’s Spillemyndigheden issues Brexit residency warning

Spillemyndigheden, Denmark’s national gambling authority, has underlined that all licensed online gambling incumbents must ensure that their registered business entities reside in either an EU or EEA nation. The Danish authority has issued its warning as the UK government and EU counterparts enter this week’s ‘final negotiating window’ to secure a reciprocal trade deal ahead of the EU Council Summit …

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Winning Post: Easy ‘Nordic cash’ is drying up…

Regulus Partners begins November proceedings by examining the Nordic market developments. Once recognised as fruitful territory for igaming operators, heavy-handed restrictions, penalties and increased taxes have changed Scandinavia’s market outright.  ___________ Norway has become a much tougher market in which to operate over the last couple of years, especially for those not willing or able to get creative with payments …

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Anders Dorph to lead Danish regulator as new director

Spillemyndigheden, Denmark’s gambling authority has confirmed that Anders Dorph will assume the role of Director, effective from 1 November. Dorph will join the regulator after serving as the deputy director of the Danish Immigration Service. Commenting on the new appointment, Minister of Taxation Morten Bødskov said: “The gaming authority plays a crucial role in the work of ensuring a proper …

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Altenar: Supporting expansion plans in Denmark and Portugal

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Altenar has continued to support the expansion efforts for its sports betting and gaming customers by securing certification for both Denmark and Portugal. We spoke to the company’s CEO Stanislav Silin about the “technical and procedural synergies” between the two, challenges relative to other territories, and the need for a software provider to be “the enabler, not a blocker” for …

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