Types of Online Casino in Denmark
We can classify Danish online casinos according to several important criteria. And we will do it in this section. This information is needed not only for beginners but also for professionals who want to get the best experience with real payouts and cool bonuses. Besides, it will be needed by those of you who want to organize your business on the Internet.
So, the first type of site is the original online-casino websites. This category consists of casinos running on their software that are not available to other operators from Denmark, England, and other countries. As a rule, such establishments offer original and interesting slot machines, but their advantages end…the fact is that the number of such games is limited.
Virtual casinos that share software offer games at the same time from 2, 3, 5 and more developers that meets the needs of almost every gambler. It is worth noting that the games are similar in many sites because they cooperate with the same companies but on the other hand, you have a wide range of games: from video slots to live dealers. Gifts? This is not a problem because the resources of this type offer plenty of them! High-rollers participate in exclusive tournaments with large prize pools and valuable rewards. These virtual casinos are the main favourite of Danish gamers.
The third type of online casino includes resources grouped. These sites offer games from the same manufacturer, but they feature additional features like Introductory Bonuses, progressive slots, and so on.
Portable devices are always in trend, so 50% of gambling revenue in Denmark falls on smartphones and tablets. Mobile casinos do offer an updated interface and many slot machines adapted for touch screens. Usually, mobile casinos open in browsers, but some of them offer to download the app.
Each online casino is unique so it has pros/cons. Accordingly, you need to choose the one that seems the most attractive for playing for real money. Please note that the chosen casino must be safe, which is confirmed by licenses. Such portals are always published on our website, among which you will find titles like 10Bet, 777, Betfair, Colosseum, etc.
Last year, cryptocurrency strengthened its position in the international arena. As a result, it has penetrated almost all areas of e-business and gambling is no exception. Today, players from Denmark can visit crypto casinos that offer an advanced protection system and additional benefits like anonymity/instant transactions. We strongly recommend visiting Bitcoin Penguin Casino with a wide range of games and juicy bonuses for each user.
As you can see, the Danish online betting market offers many game resources of any shape and size. You need to choose one of them, create an account, and find your favorite game!
Types of Casino Games for Danish Gamblers
As we have already said, the current Danish laws regarding gambling are strict but they are designed to increase the safety of online players. The main regulatory law was passed back in 2012. The approved bill put an end to the huge monopoly that existed since 1948. After that, both local and foreign operators could apply for a license, but first, they had to pass an appropriate check.
What are the most popular activities in Denmark? First of all, this is sports betting because the Danes love football. The second place belongs to slot machines. Slots have become popular in all countries because therefore their number is increasing every day. The leading positions in this segment belong to Betsoft, Microgaming, NetEnt, Play’n Go, Yggdrasil companies that produce high-quality 3D projects with unique stories, different animations, and bonus options. By the way, the products of these developers are presented only on licensed sites.
Table games are presented not only in real casinos but also in online clubs where Danes can find classic and innovative versions of Roulette, Blackjack, Baccarat, Sic Bo, Dice, etc. We strongly recommend visiting a live casino if you want to get emotions close to what you are looking for in offline clubs. Broadcasting is in HD quality from a special studio. Some games have chat options, so you can chat with rivals and dealers.
Poker here stands alone. The fact is that it is not classified as a gambling-driven entertainment game, so a license for poker tournaments is not required. The surge in poker popularity in Denmark happened almost 20 years ago due to the success of Gustav (Gus) Hansen who won the WSOP and received prizes worth more than $9 million.
Lotteries are popular on the Internet too, but Danes buy tickets offline. We are sure the situation will change soon as electronic versions of the lottery and bingo have more advantages. For example, they give instant payouts.
Online Gambling Laws and Regulations in Denmark
Fortunately for Danish players, all forms of gambling in the country are legal. The activities of companies and the general situation of gambling are regulated by the Gambling Act. The Gambling Authority of Denmark is responsible for licensing and operating the operators, while the Department of the Ministry of Justice cooperates with foreign companies by providing Danish licenses to those which meet all the requirements.
Danske Spil was the only betting company in Denmark. Other companies did not have the right to create a gambling business. Due to the negative reaction of European countries, Denmark was forced to change the rules by opening access to foreign operators. As a result, 400+ virtual casinos and betting sites were offered to local players. To attract more customers, some clubs have even been translated into Danish.
Despite the loss of monopoly, the company’s profit Danske Spil has increased several times so it was divided into two organizations: Danske Licens Spil and Danske Lotteri Spil. The first one does cover the online gaming sector.
Thanks to laws passed in 2012, Denmark lifted the ban on some forms of gambling, increasing annual revenues since gambling has always been popular in the country. Licensing is pretty strict because the government takes care of the players. All companies and even Danske Spil must prove their integrity over and over again. Additional restrictions cover advertising. All license holders can advertise their services, but there is one important limitation: celebrities cannot participate in this advertisement.
Nobody canceled the financial control of gaming halls. An initial audit is a mandatory point of licensing, but auditors can check your institution at any time. Definitely, this business is profitable, but as already mentioned, operators in Denmark pay heavy taxes. First, the operator pays 45% and 75% income taxes (20% for online platforms). Then it must pay a corporate tax of 25%. This money is directed to the development of culture/sports in the state.
Even despite licensing and high taxes, gambling in Denmark is actively developing. Bets and slot machines are the most popular since they account for about 60% of total gambling revenue.
It is worth noting the unique ROFUS project presented in the form of a registry that is created and maintained by the royal gambling-driven board. It is designed to reduce cases of addiction and protect gamers. After entering the registry, the player loses automatically loses access to any form of gambling. By the way, you can indicate your name voluntarily. You can also indicate the term of the ban and get the help of specialists.
Best Deposit Methods for Danish Gamblers
Electronic cards, virtual wallets, and other payment instruments are at the peak of popularity not only in Denmark but also in other countries around the world. They are comfortable and flexible. Thanks to these features, users can pay for goods and services at any time. It also includes virtual gambling when websites indicate which payment solutions they offer players based in Denmark. As a rule, locals often choose electronic systems rather than real money.
The Danish online economy is formed by credit/debit cards and only 15% of Danes use e-wallets while the average in Europe is almost 20%. Twenty-five percent of gamers use bank transfers and the rest choose cash. Thus, we can say that 46% of payment transactions in Denmark are carried out through plastic cards. The leading positions in the payment market belong to the Edankort system as its market share is 40%.
Players also often choose credit/debit/bank cards like Authorize.net; Worldpay Paymill SEPA; 2Checkout; Klarna; Quickpay for quick payments.
If you want to use popular services that have been working for many years then pay attention to UK Moneybookers and PayPal which work in Denmark as well.
At the moment, PayPal accepts payments from 200+ countries guaranteeing 100% security to every client who is registered in the system. In the future, PayPal promises to pay good interest for storing money. However, the use of the payment giant is associated with various restrictions.
In virtual gambling, Moneybookers performs both deposit and withdrawal. The system is distinguished by fast and secure payment transactions that are protected by modern technologies. To create an account, users from Denmark need to provide personal information and confirm it. Why should you choose Moneybookers? The service has a low commission – 1% (no more than 0.5 euro) and 1 euro cent minimum transaction amount.
There are several alternative tools but they are rarely used in Denmark:
- Diners club;
- American Express;
Accepted Currencies in Denmark
Denmark is a member of the European Union, so everyone expects to see the euro as the country’s national currency.
However, you will meet another Danish krone banknote, the issue of which is the queen’s prerogative. The history of this currency began many years ago when Sweyn Forkbeard presented Denmark with the first coin with the image of the King and the name of the country. Since then, tradition has not been violated and Queen Margrethe II is depicted on each coin.
The Danish krone is in circulation not only in Denmark but also beyond its borders, in particular, on the Faroe Islands and in Greenland. A decree on the introduction of currency was signed in 1873 but before this event, it had already existed for many years and it was equal to 8 marks. In 1873, an updated currency was released, the basis of which was the Scandinavian Monetary Union that existed before the First World War. At first, the union consisted of Denmark and Sweden, but a year later Norway joined them. After the collapse of the union, the Danish currency shook significantly as holes appeared in the country’s budget. Since then, the national bank regularly updates the Danish currency adding new elements.
After the country joined the European Union, Anders Fogh Rasmussen held a referendum but most Danes refused the euro. Another referendum was scheduled for 2004 but it did not take place because the euro did not receive the proper support. For players, this is due to difficulties since most TOP online casinos offer only Euros, Dollars, and British Pounds. Fortunately, local operators support the Danish crown as well.
You can also use cryptocurrency and we talked about this in the previous sections. It provides the newest security system plus instant transactions.
Predictions About the Future of Online Gambling in Denmark
Denmark tried to restrict access to the websites of foreign operators, but this idea caused the dissatisfaction of European countries that were interested in the development of gambling. The Danish government has passed new laws that have had a positive effect on the fate of the gambling industry in the country. In 2019, regulators are fighting illegal portals that accept Danish players by tightening licensing rules and increasing taxes.
As a result of legislative changes, Danske Spil has lost its many-year monopoly, but the corporation still has about half of the country’s gambling market. The Gambling Authority of Denmark monitors the development of gambling by defining new goals and achievements. So, the regulator is going to increase the number of mobile casinos as they give the largest income. Also, several projects that will reduce the number of fraudulent sites. But above all, these changes are designed to protect Danish gamers. So, the country has created and approved a ROFUS project designed to reduce the rate of addiction as quickly as possible. Recent studies show that the number of addicted players has increased by 45% and now their number is 12 thousand people. This system can be voluntary or automatic if the player shows extreme activity on the casino website.
Logically, in 2020 Denmark will attract more foreign operators which will offer players new games and opportunities. Accordingly, profits will increase significantly.