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End of Online Gambling Monopoly

April 30, 2008

There have been rumors swirling about to the idea that the Danish were losing the fight to maintain online gambling solely within their country, and now it looks like they may have given up the fight for good. Denmark is now saying that they might allow online gambling instead of continuing to fight the influx of it into their country.

The European Union has been coming after them for some time now in an effort to get them to accept online gambling, and it looks as though they may have worn them down at long last. Their Minister for Taxation, Kristian Jensen, was on a Danish radio station and mentioned that the times they may be a changing.

Jensen told the station that the government was looking into reform that would allow for licensing of online gambling transactions within the country. Jensen said that if the other countries that want to invade them with their online gambling groups “can live up to the strict regulations” that the company has put in place, there may be wiggle room.

Jensen said that they might be open to allowing other countries’ online casinos in to market their sites, but they would have to toe the line and abide by their rules. Saying, “I do not wish any Wild West situation. I want a regulated market,” leaves many to believe that it is possible and can be done.

If it were to come to pass that they did allow online gambling in from other countries, those countries would definitely see an increase in their sales. Denmark is known for having one of the largest concentrations of online gamblers which would simply mean they were now sharing the wealth.




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