Denmark is a country in Western Europe with a developed economy and a stable gambling industry. Gambling has been completely legal in Denmark for a number of years, and gambling brings a lot of revenue into the country every year. The government strictly regulated and controlled the gambling industry in Denmark for many years. However, laws have since been liberalized and the gambling market is now more open to outside gambling providers. There are now a number of gambling sites in Denmark including betting sites, poker rooms and casinos. The best Denmark gambling sites will have large game selections and will accept a variety of payment options.
Denmark is home to some of the most sensible gaming laws in the world. A licensing system enacted in 2012 has fostered a healthy and safe industry for real money online gambling. Most of the world’s major gambling sites have a presence in Denmark complete with Danish language software and krone-friendly deposit methods.
Denmark Gambling Law
In an ideal world, every country would follow Denmark’s lead in dealing with online gambling. The laws in place allow operators to apply for two different types of licenses: one for sports betting and one for casino games and poker. The Type B license for poker requires sites to operate on a .dk domain name and pay all appropriate taxes. However, players are exempt from taxes on their winnings.
These positive changes came in 2012 with the passage of the Act on Gambling. The Act ended the longstanding Danske Spil monopoly over gambling and poker within the country. The passage of the legislation opened the Danish market to competition from international gaming sites as long as they meet all licensing requirements and continue to operate in good faith.
Predictably, Danske Spil wasn’t too keen on the changes and challenged the Act in court. The European Commission eventually ruled on the case and found the new law in compliance with European Union regulations.
The Danish Gambling Authority (Spillemyndigheden) now oversees online gambling and poker within Denmark. The authority’s stated goals are to ensure “a proper and regulated gambling market in Denmark so that players are protected against unfair and illegal gambling.” It is responsible for supervising the industry, inspecting operators, issuing licenses and interpreting legislation.
Some international operators continue to accept players from Denmark despite not having licenses, but Denmark does have a blacklist of sites that are supposed to be restricted by internet service providers. With a large number of licensed options, it’s really not worth looking to overseas operators. There are plenty of licensed options that will serve you just as well.
It should also be noted that licensed operators are allowed to combine player pools with their international customers. This is important to note because some countries that have regulated online poker force licensees to “ring fence” their games and prohibit locals from sitting at the same tables as people from other countries. Denmark poker laws have no such language and allow you to join the same tables as everyone else.
Playing with Danish Kroner
The best gambling sites in Denmark accept krone deposits but do not host any actual tables in krone. If you make a deposit to any Danish gambling website, your balance will be converted to USD, GBP or EUR so you can join the tables and play with people from around the word. When you’re ready to cash out, your balance will be converted back into kroner.
Depositing is a simple process as well because Danish gambling sites all have deposit methods that are confirmed to work in Denmark. These include traditional credit and debit cards, Neteller, Skrill, PayPal, Paysafecard and bank transfers.
Credit and Debit Cards
The easiest way to get started with real money gambling in Denmark is to deposit with your credit or debit card. There are no additional fees tacked on to deposits.
Neteller is an e-wallet that comes in handy for moving money to and from multiple Danish gambling sites. An account with Neteller acts as a digital wallet in which you can store funds, perform currency exchanges, make payments and receive cashouts.
PayPal works a lot like Neteller but has an even larger presence in e-commerce. If you already have a PayPal account, you can transfer funds to your favorite gambling site instantly. If not, you can visit www.paypal.com to get started today.
Paysafecard is a prepaid payment solution in which you purchase vouchers in person with cash and then redeem them online for instant deposits. This option works well for players who either don’t have bank accounts or who would like to avoid sharing their banking details with third parties. You can purchase Paysafecards at more than 480,000 locations around the world.
Fast Bank Transfer
A fast bank transfer moves money from your bank account directly to a bank account held by the Danish gambling website to which you are making a deposit. If you choose this method inside the cashier, you’ll be given the receiving bank’s details and a unique 13-digit virtual account number.
You can complete fast bank transfers at your bank’s website, over the phone or by visiting a branch or ATM in person. This one is an excellent option for large deposits because it can be used to move large amounts of money and comes with no fees.
The online gambling industry continues to grow in Denmark because of liberal laws and easy access for many citizens. The best Denmark gambling sites will offer a wide variety of games and competitive bonuses to customers.