Banking and Payment Processing for Denmark iGaming

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Denmark Casino Bank Account

Find banking partners for your Danish online sportsbook or casino

Denmark has long been a trailblazer in online gaming, since regulating the sector in 2012. Today, Danes spend almost DKK 6 billion (~€800 million) with iGaming businesses every year. These figures are set to keep growing, at an annual compound growth rate of 4.64% until 2027 – so the future looks bright.

Challenges for online gaming firms in Denmark

While Denmark has been very progressive in its approach to regulating online casinos and sportsbooks, many iGaming firms struggle to open payment accounts today. Traditional Danish banks remain relatively conservative and view gambling businesses as high risk.  Corporate tax (28%) and gambling tax (20%) are also some of the highest in Europe.

Who regulates online gaming in Denmark?

Spillemyndigheden – the Danish Gambling Authority – regulates online gaming in the country. License fees start at around €37,500 per license. You don’t need any minimum share capital to open an iGaming company in Denmark.

Discover Danish banking solutions with iGaming Core

iGaming Core helps online casinos and sportsbooks who wish to launch in Denmark find suitable banks, electronic money institutions and payment accounts. We help you launch your Danish iGaming business by:

  •   Learning about your operations, business structure, license and target market
  • Advising you on the right Danish payment accounts for your needs
  • Finding a partner to process payments for your Denmark iGaming business
  • Introducing you to Danish compliance consultants

Denmark online card processing for bookmakers

Denmark is one of the most digital payment-friendly countries on Earth. Online gamers can easily make deposits with major debit and credit cards, including Dankort, a Visa card from Danske (a major bank).Payment wallets such as Skrill and Neteller are popular. Many online gamingfirms accept payments with local operators including Forbrugsforeningskort (bank transfer), Betalingsservice, Nets, and Payson.

Contact ustoday and launch your Danish iGaming business with confidence.

Key Stats and Facts

€1,300

Average revenue per user of Danish iGaming sites

7%

Danes spend 7% more today with online gaming firms than in 2012

57

Companies with an online gaming license

Why iGaming Core?

Industry leading network of providers in the markets you need. Your partner in finance and iGaming.

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  • 5 Years in iGaming Finance
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