In the ever-evolving world of online gambling, regulatory compliance is crucial. The Danish Gambling Authority (DGA) has recently announced an update to its reporting requirements for game data, inviting stakeholders to comment before the final version is issued. This post will delve into the key changes and additions in these updated requirements, their implications for online casinos, and the importance of stakeholder feedback.

One of the most notable updates involves the requirement for bets on fixed odds to be reported as independent transactions. This change aims to enhance transparency and accuracy in reporting, ensuring that every bet is tracked individually.

The DGA’s update also introduces new requirements for reporting betting odds and event information. This includes a detailed list of country codes and sports, which will help standardize data and facilitate more precise monitoring of betting activities.

A significant addition to the reporting requirements is the stipulation for reporting Random Number Generators (RNG) used in Virtual Fixed Odds. The update specifies that a casino session cannot be interrupted mid-move and defines how a “move” is characterized. This aims to ensure fairness and integrity in virtual betting games. The updated requirements also provide clarity on the reporting of different poker types. This includes new obligations for win lists in poker tournaments and manager games, ensuring that all poker activities are accurately documented and reported.

Another key change involves the downscaling of pool games. This adjustment is likely to impact how these games are structured and reported, aligning them more closely with the DGA’s regulatory framework.

The update includes new requirements for providing test data for jackpots. This change aims to enhance the transparency and reliability of jackpot games, ensuring that they operate fairly and in accordance with regulations.

The updated requirements are expected to come into force in 2025, though the exact date has yet to be determined. The DGA will detail a possible transition period upon issuing the final requirements. This transition period will provide online casinos with the necessary time to adapt to the new reporting standards and ensure full compliance. The DGA is actively seeking feedback from stakeholders to ensure the final requirements effectively address industry needs and regulatory objectives. Online casinos and other stakeholders are encouraged to provide their input, as this feedback will play a critical role in shaping the final version of the requirements.

In related news, the DGA recently celebrated the 10-year anniversary of Denmark’s market liberalization, which has been deemed a success. Since opening up to private iGaming companies in 2013, moving away from the governmental monopoly of the industry, Denmark has seen significant growth and development in its online gambling sector.

The Danish Gambling Authority’s updated reporting requirements represent a significant step towards enhancing transparency, accuracy, and fairness in the online gambling industry. As these changes come into force, it is crucial for online casinos to stay informed and prepared. By providing feedback during the consultation period, stakeholders can help shape a regulatory framework that supports both industry growth and effective oversight.

Stay tuned for further updates from the DGA, and ensure your operations are ready to comply with the new requirements. For more information and to submit your feedback, contact the Danish Gambling Authority directly. By staying proactive and engaged, online casinos can navigate these regulatory changes effectively and continue to thrive in Denmark’s dynamic and evolving market.

If you are interested in opening an online casino, read here – White Label Casino

Leave a Reply

Interested in our Solutions?

    Interested in our Domains?