Interesting. Our government tried the other approach. They created an online casino and promoted it quite heavily. People began playing and still do.
And they even generated several incoming revenue streams as people who reside near the border (especially Germans and Italians) saw casino ads on Austrian TV, or online, and began playing also. Overall revenue is at an absolute high at the moment.
There is a deposit cap of about $600 per player per week, but exceptions from the rule are possible after consideration and proof of enough funds.
I am gonna tell you why they are pushing this law and who is to blame…CRAZY OLD GRANNY’S, who blow their pension on Slots
Slot machines are by far the most addictive form of gambling, and for some reason old lady’s have taken to this game, i know when i hit the casino, it’s all oldies pulling slots, and now they can do it from the comfort of their own home
I would be interested in seeing the casino player demographics for slots players, i would guess there are a large number of seniors
It seems that the senior’s pension issued by the government is falling into the hands of online casinos who take it out of the country, and by doing so it weakens the economy, while strengthening other, smaller nations, or individuals who operate online casinos.
This equates to at least $1 billion or some other large amount of money per year, i have no idea how much, but it must be substantial
It sounds like i’m taking the side of the government here, which would be an all time first, but i’m trying to get a view from all sides, and i can see why they would enforce this law
It’s also the financially better option than legalizing it and opening up their own casinos, since they couldn’t control the money that way either
I think Denmark is trying to enforce a law where online gambling is legal for Danish residents provided they bet at Danish owned and operated online gambling sites only.
Bottom line is this
Whether you’re a senior collecting pension, or just joe average working 9-5, it don’t matter, you are taking money out of the country which will never come back, and handing it over to countries like Costa Rica, or whoever, and eventually, if u chart it, that money will be gone, it may take a while, but the amount of money leaving the country has increased a lot lately, which is probably why they are taking action now, to prevent it from getting more out of hand.
This is my take on the situation, i could be completely wrong, but i doubt it, what other reason could there be