FREE .COM with Annual cPanel Web Hosting Orders CLAIM OFFER
FREE .COM with Annual cPanel Web Hosting Orders CLAIM OFFER

Danish Government to Raise iGaming Tax from 2021

Danish Government to Raise iGaming Tax from 2021

Danish Government to Raise iGaming Tax from 2021

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.

Related Articles

Recent Posts

NetShop ISP - 24/7 Global Hosting Support Coverage
tech startup

© Copyright 2004-2020 S.S. NETSHOP INTERNET SERVICES LTD trading as “NetShop ISP”. All rights reserved.

If you have found a spelling error, please notify us by selecting the text and pressing Ctrl+Enter.


Forgot Password? Click here

Not a Client Yet?

Spelling error report

The following text will be sent to our editors: