In a important victory, the European Commission has convinced Denmark to terminate its state monopoly and open its boundaries to foreign Internet casinos .
The Copenhagen Post is reporting that the Danish government will reveal deregulation this week, giving in to demand from the EU to agree with open trade in services involving online gambling.
Danske Spil, the national gambling association that has dominated gambling in Denmark for sixty years, will lose its sole privileges in all regions except lottery and scratch-off games, the review said.With the opening of the business, outside gaming promoters will be capable to publicize and legally conduct gambling actions. Licenses will be sold to purchase legitimate status, and Internet gambling sites will be required to take precautions against problem gambling.
European gaming commentator Horst Knutsson says,”The Danish action shows that the EC can get countries to obey. We can anticipate to see more EU associate nations respecting their obligations to free and open trade, and incomes once being lost to unregulated online casinos will now help national funds.”
The national Danish spending last year on gambling reached $2 billion dollars. The country’s acquire of that was nearly $500 million.
