Denmark to increase igaming tax in 2020 budget

The government of Denmark has decided to increase the iGaming tax from 20 to 28 per cent of gross gaming revenue (GGR) in its 2020 budget, which takes effect from 2021.

Officials are claiming that this will ultimately raise DKK150m (€20.1m) in new tax revenue. 20 per cent of GGR has been in place since the Danish regulated online gambling market opened in 2012.

One of the reasons for the government decision was the fact that the current tax rate was significantly lower than the one land-based casinos pay. A 45 per cent on gaming gross revenue (GGR) tax is paid by casinos and an extra 30 per cent on revenue higher than €535k. Meanwhile, gaming machines are taxed at 41 per cent of GGR.

The newly elected government, led by Denmark’s Social Democratic Party, has also been quite concerned about the rising problem of gambling in the country. Earlier this week, the ROFUS self-exclusion registry of the Spillemynfigheden regulatory agency revealed that almost 20,000 people decided to exclude themselves from gambling as of September 30th.

Spillemyndigheden has recently launched a new campaign to promote its ‘StopSpillet’ gaming addiction programme and encourage people to seek help. The new ‘Pokerfjæs’ campaign will feature three 30-second video adverts that will run across national television, social media and streaming services.

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