NEW LOCATION

Olá Brazil Brazil NVMe-powered VPS Plans in Brazil Now Available.

Deploy Instantly
  • +357 2425 0808
  • Login
  • English

Home

Blog

Warning from Denmark Regulator Against “...

Warning from Denmark Regulator Against “Free” Bonus Offers

Warning from Denmark Regulator Against “Free” Bonus Offers

NetShop ISP

NetShop ISP · Blog Author

Apr 19, 2019 · Archive

The gambling regulatory body in Denmark, Spillemyndigheden, has warned its online licensees, telling them to be honest with customers about their “free” bonus offers. The regulatory agency issued a statement recently, warning licensed online gambling operators and citing the statement of the Danish Consumer Ombudsman’s February 2016.

According to the statement, the word “free” cannot be used in any bonus offer-related marketing material if the offer involves a requirement for a turnover. The statement also talks about the use of phrases such as “free spins,” “free bet,” and “free of charge” if the offer involves a requirement for a turnover. Operators are only allowed to use these phrases if the proposal does not involve a need for turnover and the chance of winning is not reduced.

The regulatory body also noted that licensed online gambling operators are required to “clearly state all terms and conditions connected to a bonus offer directly alongside the offer” as per section 20(1)(1) of the Executive Order on Online Casino, as well as section 19(1)(1) of the Executive Order on Betting.

The new warning comes just about a year after many Danish politicians put pressure on the government to introduce new and stricter limits on gambling promotions. The Social Democrat Party even plans to impose a new cap on the value of such gambling offers, which will stand at DKK1k or $151. This is about 10 percent of what several operators had been pitching to their potential customers.

Press Releases
78

Free VPS Trial

No Credit Card Required.

Recent Posts

How To Extract Certificates and Private Key from .PFX file

How To Extract Certificates and Private Key from .PFX file

19 November, 2024

NetShop ISP CEO Stefano Sordini to Moderate Key Panel on Forex AI Automation at Cyprus Fintech Summit 2024

NetShop ISP CEO Stefano Sordini to Moderate Key Panel on Forex AI Automation at Cyprus Fintech Summit 2024

15 November, 2024

Preparing for the Daylight Saving Time (DST) Change: Essential Updates for MetaTrader 4/5 Platforms

Preparing for the Daylight Saving Time (DST) Change: Essential Updates for MetaTrader 4/5 Platforms

25 October, 2024

NetShop ISP Celebrates 20 Years of Innovation and Excellence in Hosting and Data Center Solutions

NetShop ISP Celebrates 20 Years of Innovation and Excellence in Hosting and Data Center Solutions

22 October, 2024

NetShop ISP Makes Waves at Forex Expo Dubai 2024: Showcasing Cutting-Edge Hosting for the Financial Services Industry

NetShop ISP Makes Waves at Forex Expo Dubai 2024: Showcasing Cutting-Edge Hosting for the Financial Services Industry

09 October, 2024

#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

© 2024 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