EU Launches Probe Into Denmark Tax

Written by:
Guest
Published on:
Dec/14/2010
EU

BRUSSELS -(Dow Jones)- The European Commission launched a formal investigation Tuesday into whether Denmark's low tax regime for online gambling sites gives them an unfair advantage over bricks and mortar casinos.

Denmark is opening up its gambling markets by granting licenses for Internet casino games. It is planning to set a flat tax of 20% on online gross gambling revenue, compared with up to 75% for land-based casinos and gaming halls.

The commission has doubts at this stage whether the different treatment entails an unjustified competitive advantage for online casinos, it said in a statement. It has received two complaints alleging the planned measure violates EU rules, it added.

-By Carolyn Henson, Dow Jones Newswires; +32 2 741 1 480; carolyn.henson@ dowjones.com 

Gambling News

Is Prime Sports a Good Betting App to Use in Ohio?

Is Prime Sports a Good Betting App to Use in Ohio?

Prime Sports is the hot new sportsbook app which recently launched in Ohio.  Its pitch to gain over customers in the Buckeye State is a promise not to boot players.  It will also be the sportsbook in Ohio with the highest betting limits.

The iGaming and sports betting industries have experienced remarkable growth since the 1990s following the introduction of gambling. This exponential advancement can be attributed to the innovative technologies that have been introduced to these sectors.

The Global Gambling Boom: How Tech Innovation Changed the Game

The iGaming and sports betting industries have experienced remarkable growth since the 1990s following the introduction of gambling. This exponential advancement can be attributed to the innovative technologies that have been introduced to these sectors.

Syndicate

Subscribe to Syndicate
More