Denmark’s Gambling Regulator Opens Consultation on Data Rules

Denmark’s Gambling Regulator Opens Consultation on New Data Requirements

Are you ready for the upcoming changes in Denmark’s gambling regulations?

Learn how the Danish Gambling Authority is transforming game data reporting requirements.

Discover the new rules that will shape the future of sports betting and online poker in Denmark.

Stay informed and submit your feedback to Spillemyndigheden before the deadline.

Denmark’s Gambling Regulator Opens Consultation on New Data Requirements

The Danish Gambling Authority, Spillemyndigheden, has launched a public consultation on proposed updates to the requirements for reporting game data. These changes, set to be introduced in 2025, aim to enhance transparency and compliance within Denmark’s regulated gambling market.

New Data Reporting Requirements

The proposed changes include comprehensive updates for sports betting and online poker operators. These updates are designed to ensure that all aspects of betting and gaming transactions are accurately recorded and reported.

Sports Betting

For sports betting licensees, one of the key proposals is the requirement to report all sports bets as individual transactions. This includes detailing each selection within combination bets. This level of granularity will provide clearer insights into the handling of each selection, improving overall transparency.

Online Poker

Online poker operators will be required to specify the types of poker games offered, such as tournaments and cash games. Additionally, operators must provide test data for jackpots, ensuring that these elements are accurately reported and monitored.

Additional Amendments

The proposed amendments also include changes in the terminology used in reporting. These adjustments aim to standardize reporting practices and enhance the clarity of data submissions. Stakeholders are invited to review the full details of the proposed requirements on Spillemyndigheden’s website and submit feedback by June 10.

Stakeholder Feedback

Spillemyndigheden is actively seeking feedback from industry stakeholders to refine and finalize the new requirements. This consultation process is a crucial step in ensuring that the updated regulations effectively address the needs of the industry while maintaining the highest standards of regulatory compliance.

Impact on the Gambling Industry

These proposed changes are part of Spillemyndigheden’s ongoing efforts to strengthen the integrity and transparency of Denmark’s gambling market. By implementing these new data reporting requirements, the authority aims to enhance its monitoring capabilities and ensure that all operators adhere to the highest standards of accountability.

Danish Gambling Revenue

The proposed updates come at a time when the Danish gambling market is experiencing steady growth. In March 2024, Spillemyndigheden reported a 5% year-on-year increase in gross gaming revenue (GGR), totaling DKK 627m ($84.1m). This growth was driven by strong performance in the online casino sector, which contributed DKK 310m (up 20%), and land-based casinos, which generated DKK 28m (up 14%).

Betting Revenue

Betting revenue accounted for DKK 183m, representing 29% of the total GGR. However, this figure was down 15% compared to the previous year. The majority of betting activity (over two-thirds) was conducted via mobile platforms, reflecting the ongoing shift towards mobile gaming.

Online Casino Revenue

Within the online casino segment, 77% of the revenue came from slot machines, followed by 7% from blackjack and 6% from roulette. This distribution highlights the popularity of slot machines among Danish players and underscores the importance of accurate data reporting for these games.

Future Outlook

As Denmark continues to refine its gambling regulations, the proposed data reporting requirements are expected to play a pivotal role in shaping the future of the industry. By enhancing transparency and accountability, Spillemyndigheden aims to create a safer and more responsible gambling environment for all players.

Conclusion

The Danish Gambling Authority’s consultation on new data reporting requirements marks a significant step towards improved regulatory practices in the country’s gambling market. Stakeholders are encouraged to participate in the consultation process and provide feedback to ensure that the final regulations effectively address industry needs and regulatory objectives.

By staying informed and engaged, industry participants can help shape the future of gambling regulation in Denmark, contributing to a more transparent, accountable, and thriving market.

The post Denmark’s Gambling Regulator Opens Consultation on Data Rules appeared first on Gamingo News.

Denmark’s Gambling Regulator Opens Consultation on New Data Requirements Are you ready for the upcoming changes in Denmark’s gambling regulations? Learn how the Danish Gambling Authority is transforming game data reporting requirements. Discover the new rules that will shape the future of sports betting and online poker in Denmark. Stay informed and submit your feedback
The post Denmark’s Gambling Regulator Opens Consultation on Data Rules appeared first on Gamingo News.