Gambling law in Denmark
The Danish Gambling Act defines games in different categories as follows:
Class lottery
A half bet is a game where the payout is based in whole or in part on the full deposit or is awarded to the winner.
Pool betting
Cars are mechanical or electronic machines that can be used in games where players can win prizes.
Online games
Online games are games that are externally linked between a player and a game administrator.
Land-based games
Online games are games where players meet face to face as “players or dealers”.
Unlike many gambling laws, Gambling laws in Denmark make no distinction between online poker and other online casino games. Poker is a casino game that does not follow any rules, so it follows the same rules as all other online casino games.
Definitions in law
Fantasy League games are generally considered licensed games. This allows players to offer ultra-daily and traditional fantasy battles.
Spreadbet is a financial product that cannot be offered with a gaming license. Offering limited interest rates to financial companies registered under the Financial Services Act of 11 September 1447.
Competitive sports won by betting or betting do not matter. You can watch matches without permission. The same goes for skill competitions, but skill competitions are often associated with success, as well as guessing the correct answer in a test where many of your competitors have an answer. Of course, only one can win. This is close to the legal definition of a complex game. However, even if the problem is not so obvious that the average person can do everything without effort, such a competition is not considered an event and does not require a license.
A free lottery is a lottery because it follows the concept of a lottery under Danish law. However, as there is no price element for free exemptions, the law does not allow such exemptions and companies have to pay a profit.
The difference between speculation and “financial protection”.
In the second part of art. 2. The Gambling Act does not apply to gambling in the future value of financial assets, except for the Gambling Act. It is subject to the Financial Services and Interest Rates Act (as well as different interest rates).
This does not preclude all financial asset games that are typically played by larger players, such as the Public Equity Association and performance games. Results for current prices. Wild obstacles. Daily markets, etc.
Gambling policy
According to the structure of the Danish Gambling Act, gambling is generally prohibited unless the operator is licensed to operate gambling.
The number of licenses issued by many online casinos is not limited and anyone who meets the legal requirements agrees that this process can be fully funded by a Danish accredited gaming establishment.
State control and private enterprise
Under the Gambling Act, lottery offers (excluding active players such as licensed players) are limited to IP addresses. There are three different lottery units in Denmark. The Danish lottery AS / S only works with all other lotteries.
All other games are available to the licensed community.
Territorial issues
In Denmark, gambling is regulated and licensed at national level. Greenland has full control over the Faroe Islands, although gambling is under control. Greenland has already started playing in the same areas where they play, and the Faroe Islands are still fully protected.
Offshore gambling
In the case of foreign games, it is crucial that the game provider is on its way to the Danish foreign market.
According to today’s interpretation, the right to gamble is a right