Denmark’s gambling regulator, the Danish Gambling Authority (DGA), has announced a new timeline for supplier licensing in the country. This move comes as part of the regulator’s ongoing efforts to strengthen regulations and ensure fair play within the Danish gambling industry.
The new timeline, which was unveiled by DGA Director Morten Niels Jakobsen, outlines a phased approach to supplier licensing. According to the timeline, the first phase will focus on suppliers of gaming software and will run from January 1, 2023, to June 30, 2023. During this phase, suppliers will be required to submit applications for licensing to the DGA, which will then assess their compliance with Danish gambling regulations.
The second phase of the licensing process will cover suppliers of hardware and other equipment used in the provision of gambling services. This phase is set to begin on July 1, 2023, and will run until December 31, 2023. Suppliers in this category will also be required to submit applications for licensing and undergo assessment by the DGA.
Speaking about the new timeline, DGA Director Morten Niels Jakobsen emphasized the importance of ensuring that all suppliers in the Danish gambling industry meet strict regulatory standards. He stated, “By implementing this phased approach to licensing, we are able to effectively monitor and regulate suppliers in the industry, which ultimately benefits both operators and consumers.”
The announcement of the new timeline comes on the heels of recent changes to Danish gambling regulations, including stricter requirements for operators and increased penalties for non-compliance. The DGA has been working closely with industry stakeholders to ensure a smooth transition to the new licensing system and has promised to provide guidance and support to suppliers throughout the process.
Industry experts have welcomed the new timeline, noting that it will help to create a more transparent and accountable gambling industry in Denmark. They believe that the phased approach to licensing will give suppliers the opportunity to demonstrate their commitment to regulatory compliance and responsible gaming practices.
Overall, the new supplier licensing timeline set out by the Danish Gambling Authority represents a significant step forward in the regulation of the country’s gambling industry. By establishing clear guidelines and deadlines for supplier licensing, the DGA is signaling its commitment to creating a safer and more sustainable gambling environment for players and operators alike.
