..

Internet Gambling in Denmark: “High Risk” Players Getting Tax Reform 1 January

Written by:
Aaron Goldstein
Published on:
Aug/15/2011
Internet Gambling in Denmark

Long a hotbed for Internet gambling before there was even such a thing as the online poker phenomenon, Denmark is looking to institute a new tax law by 1 January.

888poker bonus
Få en fantastisk bonus hos 888poker!

Land-based casino have balked at the idea that online gambling enterprises will pay 20 percent taxes while they, the brick and mortars, will be paying 41 percent.

A complaint was lodged with the European Union in regard to unfair competition. 

The Danish Gambling Authority promised the issue would be resolved this past June and that the market would be open for business come autumn. 

In the early 2000’s, Danish gamblers made up a rather large proportion of online casino players, many of whom were banned by operators for their savvy (translate: winning) play. 

No man came under greater fire than TheRx.com owner and Web casino magnate Marty Jensen.

“The Danish players are welcome but....there are higher player requirements for this particular group for them to receive and cash out any type of bonus,” he told Gambling911.com at the time. 

He added:  “If we see a "high risk" group we will impose these restrictions.I believe the Danish are in this group and also there are groups in the Russian territories that we've identified as "high risk" also.  So if the normal requirement is say 10 times, those in the "high risk" groups will have to roll over 20 times.  You know, we are protecting ourselves.  If they come in and win, they get paid and all is good.”

Jensen, at the time, claimed the Danes were often acting in collusion and specifically sought out bonuses. 

- Aaron Goldstein, Gambling911.com

Gambling News

Betfair - the advantages of a large betting exchange

Betfair - the advantages of a large betting exchange

If you are looking for an online betting marketplace, Betfair is the place to be. It is the first international platform of its kind, which is quite large and has numerous benefits for users.

Maine sports betting legalization falls through

Maine sports betting legalization falls through

Maine was hoping to see the changes in its existing betting regulations, with the preposition made during the 2020 legislative session that would have finally legalized sports betting in the state.

Wilder-Fury 2 Will Likely Be Most Bet on Event of the Year

Wilder-Fury 2 Will Likely Be Most Bet on Event of the Year

An early analyses of the interest in Saturday's rematch between Deontay Wilder vs. Tyson Fury suggests a historic betting event could be underway.  Bars and pubs across the world are likely to be packed wall-to-wall and most folks will want in on the action by placing a wager via their mobile device.

Chinese Hackers Have Breached Online Betting and Gambling Sites

Gambling and Sports Betting News February 19, 2020: Chinese Hackers Have Breached Online Betting and Gambling Sites

Here are today's headlines in the world of gambling and sports betting as they happen - Wednesday February 19, 2020.

Can I Bet on FanDuel From Maryland?

Can I Bet on FanDuel From Maryland?

FanDuel is not available from the state of Maryland.  Sites like Bookmaker, in business since 1986....

Syndicate