Full Tilt Set to Enter Danish Market
Once they’re up and running, Full Tilt will find themselves in heated competition with at least 113 other licensed gaming companies.
In a statement to PokerNews, Full Tilt Managing Director, Dominic Mansour expressed the company’s excitement at cracking the Scandinavian market saying:
We are excited that Danish players are now able to play both casino and poker games on Full Tilt Danish players are able to create their stories on Full Tilt and compete against players from around the world.
This is the latest in a string of licensing victories for Full Tilt since it was taken over by Amaya Gaming back in 2012. Since that time, the company has secured licenses in Malta, the Isle of Man, and the UK.
To secure a Danish gaming license, Full Tilt had to pony up a fee of $250,000 DKK ($37,753 USD), as well as yearly payments of around $50,000-$1,500,000 DKK ($7,500-$227,400 USD).
If those numbers sound pretty reasonable, especially for companies like Full Tilt that generate massive amounts of revenue, it’s because Denmark is a rare story of successful European gaming liberalization.
Unlike many of it’s Central and Southern European counterparts, Denmark has not thrown up a bureaucratic brick wall in front of potential gambling licensees. Perhaps that’s one of the reasons the Danish market has been so successful.
In 2014, the Danish side of the industry put up $7.75 billion DKK ($1.1 billion USD) in gross revenue. That’s up a little over 2% from the previous year.
As of this writing, there’s no word on when Full Tilt will be fully operational in Denmark.