Tag Archives: denmark

Betfair ordered to explain Danish AML shortfalls

SBC News Betfair ordered to explain Danish AML shortfalls

Spillemyndigheden, Denmark’s Gambling Authority, has issued three orders and a reprimand to Betfair International for violations of Denmark’s Anti-Money Laundering (AML) Act. The subsidiary of Flutter Entertainment is believed to have maintained inadequate risk assessment procedures (order A), insufficient business procedures for customer due diligence (order B), and improper internal controls (order C).  Following a review of Betfair’s Danish operations, …

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Betting and online casino key drivers for Danish gambling sector

Denmark

Danish gross gambling revenue remains steady according to the latest figures from the Spillemyndigheden, the country’/s national gambling regulator. Cross-sector revenue covering betting, online casino, gaming machines and land-based casino rose 14% year-on-year from DKK 525m (€70.4m) in March 2022 to DKK 599m (€80.4m) in March 2023. Sports betting registered the most impressive growth at 38% from DKK 155m (€20.8m) …

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Gor Mnatsakanyan: Denmark licence is another ‘feather in the cap’ for BetConstruct

Denmark

The Danish market presents a whole range of new opportunities for BetConstruct to expand its global footprint. And according to Gor Mnatsakanyan – the company’s Regional Director for Germany – this new licence gives BetConstruct the chance to become a leading force within the Danish gambling space. In an interview with SBC News, Mnatsakanyan walks us through the licensing process …

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Denmark to pump €4m into problem gambling treatment over three-year period

Denmark to pump €4m into problem gambling treatment over three-year period

The Danish government has announced plans for annual funding of DKK 10m (€1.3m) between 2023-2025 into problem gambling research and treatment, citing a ‘worrying’ increase in problem gambling rates in the country. Totalling DKK 30m (€4m) over the three-year period, the initial focus of the funding will be on research into gambling addiction and ‘targeting information’ towards children and young …

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Danish Gambling Authority takes on match-fixing duties

Danish Gambling Authority takes on match-fixing duties

The Spillemyndigheden, the Danish Gambling Authority, assumed new responsibilities this morning, taking on anti-match-fixing duties from Anti-Doping Denmark. Becoming the ‘secretariat for the national platform to combat match-fixing’, Spillemyndigheden will coordinate various meeting forums and analyse information on suspicious sports bets.  The authority will also assume control of information sharing and reporting roles, informing international and national authorities and organisations …

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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 …

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ROFUS awareness sees 40,000 Danes self-exclude from gambling harms.

SBC News ROFUS awareness sees 40,000 Danes self-exclude from gambling harms.

Spillemyndigheden, Denmark’s gambling inspectorate, has celebrated the success of voluntary self-exclusion scheme ‘ROFUS’,  which has reached a milestone registering over 40,000 Danish players from gambling harms.  Operating since 2012,  the Register of Voluntarily Excluded Players (ROFUS), is a voluntary scheme that allows players to take a break from both online and land-based gambling for indefinite periods decided by the customer.  …

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BetConstruct: Receiving a Danish licence gives us a “sublime advantage”

Danish Gambling Committee

BetConstruct has made its entry into the Danish market after receiving a new licence from Spillemyndigheden, the country’s gambling regulator.  The licence means that BetConstruct will be able to offer its online casino games, sports betting and live casino products as well as retail solutions for betting shops to operators across Denmark.  In a statement, BetConstruct said: “Obtaining a licence …

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Spelinspektionen to host live inspection of Nordic Markets on 21 March

SBC News Spelinspektionen to host live inspection of Nordic Markets on 21 March

Spelinspektionen – Sweden’s gambling inspectorate, has called on all gambling policy stakeholders and industry leadership of Nordic gambling markets to join its ‘Live Seminar’ on 21 March 2023.  The event will be hosted at the Stockholm Waterfront from 10am-to-5pm and will provide the most comprehensive analysis of Nordic gambling market’s policy developments and wider issues impacting regulatory affairs. “Together with …

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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 …

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