Denmark Signs Agreements With Five Euro Regulators to Promote Cooperative Online Gaming Regulation
Danish gaming authority SKAT has signed Memoranda of Understanding with five other regulatory authorities. The MOUs will promote greater cooperation between regulators on common issues.
The memoranda have been signed with regulators in Malta, Gibraltar, Alderney, Jersey and the Isle of Man.
The regulators will share information on their respective approaches to player protection and on application and licensing processes.
The press release from Malta’s Lotteries and Gaming Authority (LGA) adds: “The jurisdictions will cooperate on enforcement of their gambling laws on joint licensees and also aim to collaborate on areas such as non-duplication of requirements and controls, shared responsible gaming initiatives and employee exchange programmes.”
The memoranda were envisaged as an integral part of Denmark’s regulatory regime. These agreements mean that sites regulated in those authorities may offer poker in Denmark without the need to locate their servers in the country.
Denmark sees this as one of the advantages of its regulatory system. Although the server issue may appear to be minor, it is a good example of the cooperative approach adopted by SKAT which helps make regulated poker viable for operators in Denmark.
Clive Hawkswood, CEO of the Remote Gambling Association, comments that the Danish system “avoided many of the pitfalls that other EU jurisdictions, such as France, have fallen into.”
Denmark went live in January 2012, with nearly forty operators issued licenses. Poker liquidity is shared internationally, and dot.DK players can enjoy all the games and stakes as dot.COM players without deposit limit restrictions.