SBC News Spillemyndigheden granted new powers to regulate Danish gambling

Spillemyndigheden granted new powers to regulate Danish gambling

The Danish Gambling Authority, Spillemyndigheden, now has increased capabilities to deal with problematic operators thanks to an updated Gambling Act framework. 

First signed in May and enforced on 1 July, the new bill gives Spillemyndigheden additional powers to unlock stricter gambling controls over licenced entities that have been found to be in breach of the country’s gambling code. 

The increase in Spillemyndigheden’s regulatory capacity is reflected in the newly acquired “improved sanctioning options”, which present the ability to issue orders that include specific requests that operators must implement into their working models going forward.

Any failure to comply with given deadlines or order requirements may result in a sanction, the filing of a police report, or in extreme cases – the revocation of a licence.

Additionally, Spillemyndigheden can now also operate with an extended data processing authority that allows for a more thorough gambling data analysis and therefore improved segmented targeting of risks and issues within the space. 

All in all, it looks like Denmark’s focus on deploying tighter measures across its gambling landscape is to prepare the country for the launch of its double licensing system for operators and suppliers, with the new application process going live in September. 

“In the new version, the requirements of the current certification programme are split up, so that it is clear what the operator and the game supplier, respectively, are responsible for,” Spillemyndigheden commented.

Last month saw the regulator updating its AML policies as well, to better protect the sector against terrorism financing and money laundering threats.

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