AWARD WINNER

We've been recognized as "Best Hosting Provider of the Year"

Read More
  • +357 2425 0808
  • Login
  • English

Home

Blog

Danish Government to Raise iGaming Tax f...

Danish Government to Raise iGaming Tax from 2021

Danish Government to Raise iGaming Tax from 2021

NetShop ISP

NetShop ISP · Blog Author

Dec 05, 2019 · Archive

The Denmark Social Democrating government with the support of the Red-Green Alliance, Socialist People’s Party, Danish Social Liberal Party and Alternative Party has announced that it will increase the taxes for iGaming operators.

Licensed sports betting and online casino operators will now have to pay a tax equal to 28% of gross gaming revenue, a significant raise from the previous 20%, which is expected to generate DKK150m (€20.08m) in tax revenues in the first year. 

The government has commented that the tax on these products is lower than that imposed on land-based casinos and gaming machines. Casinos pay a 45% GGR tax and a further 30% on revenue above DKK4m (€0.5m). At the same time gaming machines pay 41% of GGR, 30% on revenue over DKK4,000 (€535) for restaurant-based machines and the same levy on revenue over DKK250,000 (€33,460) in gaming machine halls.

Press Releases
68

Free VPS Trial

No Credit Card Required.

Recent Posts

How to Install WordPress with LEMP Stack on Debian 12 Server

How to Install WordPress with LEMP Stack on Debian 12 Server

06 December, 2023

How To Install and Configure NFS Server on Debian 12 and Ubuntu 22.04

How To Install and Configure NFS Server on Debian 12 and Ubuntu 22.04

28 November, 2023

NetShop ISP Unveils Unbeatable Black Friday Cyber Monday Hosting Deals: Up to 60% Off Cloud VPS Plans

NetShop ISP Unveils Unbeatable Black Friday Cyber Monday Hosting Deals: Up to 60% Off Cloud VPS Plans

21 November, 2023

Mastering the Forex Market: Unleashing the Power of Dedicated Servers for MT5 Hosting

Mastering the Forex Market: Unleashing the Power of Dedicated Servers for MT5 Hosting

20 November, 2023

Implement a Successful Disaster Recovery Strategy using a Hybrid Backup Solution

Implement a Successful Disaster Recovery Strategy using a Hybrid Backup Solution

13 November, 2023

#letushostyou

Award Winning Hosting Provider established in 2004.

120 Faneromenis Avenue, Imperial Tower, 2nd Floor, Larnaca 6031, Cyprus

Products

Bare Metal Servers

Customized Servers

Virtual / Cloud Servers

Forex VPS

Storage VPS

cPanel Web Hosting

Reseller Web Hosting

Colocation

Addons

Premium DNS

Email Hosting

Cloud Backup

DDoS Protection

Licenses

SSL Certificates

Domain Names

Premium SLAs

About Us

Data Center Locations

Looking Glass

Our Company

Contact Us

Careers in Cyprus

Become a Partner

Awards

Certifications

© 2023 S.S. NetShop Internet Services Ltd. All rights reserved.  Terms & Conditions  |  Privacy Policy
CY Reg. Number: HE 217340 | EU VAT Number: CY10217340J

Visa
Mastercard
PayPal
Bitcoin
Tether
Ethereum
Litecoin
Wise
Revolut
Wire Transfer