Denmark is certainly not new to the concept of a gambling regulatory body, with the first in the country formed in the late 1800s. But this does not mean that the Danish regulatory body is outdated, there has been many changes in the last century plus in terms of regulation in the country, to match the changes within the gambling world itself.
With the huge increase in popularity of gambling, and especially online gambling throughout Europe in recent years, the need to evolve regulations with the times has become more pressing, and Denmark have worked hard to remain at the forefront of it.
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The latest such change occurred in 2010, when the Danish Government introduced The Gambling Act. The Gambling Act clearly sets out guidelines for both sides of the gambling industry, players and service providers, seeking to ensure that regulations are made clear. The 2010 Gambling Addict resulted in Denmark becoming the most regulated gambling destination out of all Scandinavian countries.
Upon its inception, the Danish Gambling Authority was empowered to oversee all forms of gambling within Denmark, including, but not limited to, horse racing, sports betting, dog racing, betting machines, lotteries, and online gambling.
There has been little variation in terms of land based gambling over the last few decades, but online gambling is a very different story. The huge jump in accessibility to the internet, and the subsequent equally large rise in the popularity of online gambling meant that laws had to be put in place to protect Danish citizens, and ensure that taxes were collected.
The Danish Gambling Authorities main responsibilities are coordinating with the Danish tax authority on all tax matters, licensing, compliance, the setting of policy and regulation, and the resolution of issues between players and online gambling sites.
The regulations put in place under the 2010 Gambling Act include:
Due to the number of regulations that the Gambling Act puts in place, Denmark is not only regarded as one of the safest jurisdiction in Scandinavia, but across Europe as a whole.