Following the expiry of the obligatory three-month standstill period, the European Commission has approved an amendment to Denmark’s Gambling Act, Gambling Taxes Act and the Act on Danske Spil A/S which liberalises online bingo, betting on horse, dog and pigeon racing and introduces an 8 percent mandatory tax on betting turnover which will be contributed to the sport of horse racing.
On receipt of European Commission approval, Danish Parliament approved the measure late last week.
Online and TV bingo will be covered by the Danish gambling authority’s general online casino license, however, land-based bingo will remain unchanged and on offer by charitable associations only. Online bingo will be subject to a 20 percent tax on gross gaming revenues.
Totalisator betting on horse, dog and pigeon races will be liberalised under the DGA’s licensing regime, along with fixed-odds betting, all of which will be subject to a flat 20 percent tax on gross gaming revenues as opposed to the previous regime of 11 percent on gross betting revenue plus a supplementary tax of 19 percent on monthly betting income exceeding DKK 16.7 million.