Denmark Introduces New Tax on Online Gambling Operators

    Denmark has introduced a new tax on online gambling operators to increase state revenue and support public services. The tax, which is set at 20% of gross gaming revenue, is part of a broader effort to tighten regulations around the rapidly growing online gambling market. The government has made it clear that the tax will be reinvested into initiatives aimed at reducing gambling harm and supporting responsible gambling practices.

    While some critics argue that the new tax rate is too high and could drive operators away, others believe that it is a necessary step to ensure that the online gambling sector operates in a socially responsible way. The government has emphasized that funds generated from the tax will be used to promote awareness of gambling risks and provide support for those struggling with addiction.

    Denmark is seen as a leader in regulating online gambling in Europe, and this new tax is expected to further solidify the country’s position as a model for balancing industry growth with consumer protection.