Where else to gamble than Denmark, one of the world's happiest countries? In general, the country of Denmark lays down the foundation for gamblers. Aside from the aforementioned, Denmark also boasts one of the highest incomes per capital in the world. Compared to the rest of the world, citizens of Denmark work lower hours as well. When given all of these variables, it is easy to see why online gambling has taken off the way it has. Since 2012, Denmark has seen an explosion in online gambling.
Online Casinos in Denmark
With that being said, its citizens seem to be fond of poker. In fact, many of the world's professional poker players are from Denmark. Today's gambling industry is a contrast from the late 1980s to the early 1990s. Technological advances have made it easier to attract several people into gambling. In fact, technology has made it possible for people to gamble from the comfort of their homes. if one would like to go further, technology has made it possible to gamble from the comfort of their smartphone. If someone considered this a possibility 30 years ago, they would have been rushed to the hospital on a private jet. It was unfathomable.
In those days, people had to physically go to the casino in order to gamble. People in Denmark and around the world are rejoicing because they have the ability to play poker and other games from the rocking chair in their living room. As early as 1994, people were gambling online. After each subsequent year, online gambling gained popularity. By the late 1990s, the online gambling industry was touching over $1 billion dollars. This can also be attributed to the rise of broadband and DSL internet connections.
As the dial-up internet was on the decline, internet service providers were providing consumers with faster alternatives. Online gambling reached a tipping point in 1996 when the Kahnawake Gaming Commission was established. The Kahnawake Gaming Commission is significant because it regulates the online gaming industry worldwide. They provide licenses to many of the world's online poker rooms and casinos. In 2001 alone, the online gambling industry attracted over 8 million people.
Danish Gaming Act
The Danish gaming Act opened the doors for increased online gambling opportunities. It brought in foreign betting providers to the Danish marketplace. By 2018, the industry is expected to bring in almost $60 billion dollars in revenue. Since its inception, online gambling has taken on many forms. Several online venues have been created for online gamblers. One of the most popular forms of online gambling is online casinos. Thousands of Danish people relish at the prospect of playing poker online.
The country of Denmark is no exception. As far as payment options are concerned there are several ways to get paid. Proceeds from online gambling can come in the form credit cards, electronic checks, certified checks, money orders and also wire transfers. More recently, some online casinos have been offering payments through Bitcoin. As the industry evolves, gamblers will continue to share a more enjoyed experience.