Danske Licens Spil, the operator, has been charged with two violations by the Danish gambling regulator, Spillemyndigheden. The regulator determined that the operator did not perform satisfactory anti-money laundering (AML) checks.
The Danish gambling regulator, Spillemyndigheden, has lodged two charges against Danske Licens Spil, citing violations related to anti-money laundering (AML) practices. The first charge involves a failure to conduct adequate checks on a specific player’s history. The regulator determined that based on the player’s transaction volume and the number of notifications sent to the Money Laundering Secretariat, enhanced checks should have been performed earlier, constituting a breach of section 17, subsection 1 of the Danish Money Laundering Act.
In the second charge, Danske Licens Spil was found to have breached section 26, subsection 1 of the Money Laundering Act by neglecting to report two instances of suspected money laundering concerning the same customer to the Danish Anti-Money Laundering Secretariat.
However, Spillemyndigheden has chosen not to take any action against the operator in both cases, as the violations in question are deemed to no longer exist.
On another note, Spillemyndigheden has instructed Royal Scandinavian Casino Århus, a land-based casino, to submit a revised risk assessment, business procedures, controls, training materials, and due diligence procedures. This action follows the identification of multiple breaches of Denmark’s Money Laundering Act by the casino, including inadequate identification and risk assessment of various customer types, including politically exposed persons and individuals subject to financial sanctions.
Spillemyndigheden reported a 14% year-on-year increase in Danish gambling revenue to DKK 599 million (€80.4 million) in March and a 4.8% year-on-year increase to DKK 639 million (€85.75 million) in April. Notably, sports betting revenue rose by 38% in March to DKK 214 million and by 11% in April to DKK 247 million. Online casino revenue also saw growth, reaching DKK 226 million (up 14%) in March and DKK 257 million (up 6.3%) in April.
