The Danish government is opening up the national gaming market. State-owned Danske Spil currently has a monopoly on the gaming market and is responsible for the Denmark lotto and scratch cards among other games. Danske Spil hasrevenues of 1,100 million DKK ($208 million) per year.
The proposed change in legislation would allow both Danish and foreign gaming operators to purchase a licence from the state. The licence would cost between three and five million kroner ($560,000 to $950,000). The tax for gambling revenue is likely to amount to between 15 and 20 percent of revenues. The new initiative will not provide open licences for scratch cards, bingo, the lotto or dog and horse betting, which will continue to be covered by the monopoly.