GGB Magazine November 2024 | Page 26

Lessons on internet gambling liberalization from the Nordics BY NICOLE MACEDO

SCANDINAVIAN SUCCESS

Lessons on internet gambling liberalization from the Nordics BY NICOLE MACEDO

The Nordics have long presented a shining beacon of pragmatic and well-executed social and liberal policies . Think quality of life , gender pay and parental leave equality , work / life balance and better social benefits for everyone .

But the Northern Europe region ’ s approach to liberalizing its online gambling markets has been anything but pragmatic . Across Sweden , Denmark , Norway and Finland , a longstanding monopoly model has historically been in place , giving the state-owned operator exclusivity over lottery , horse racing and land-based gaming machines .
Sure , this model worked before the widespread adoption of the internet , but once gambling moved online , private operators started entering these gray markets to provide a service that the monopolies weren ’ t equipped , or competitive enough , to provide .
This went on in the background for years , until in 2012 Denmark became the first Nordic country to open its online gambling market , establishing a licensing system to encourage competition and protective measures for players . Overall , the launch of the open market was a success , and to this day , Denmark remains the Nordic country with the highest rate of channelization at 90 percent , meaning that ’ s how many players are using licensed operators versus illegal ones .
The Secret to High Channelization
When looking at channelization , Denmark is widely used today as a leading example of a successful open market . Morten Ronde , CEO for the Danish online gambling trade body Spillebranchen , says it ’ s the Danish regulator ’ s careful use of data on player behaviors and operator performance that has helped it to maintain a high rate of channelization .
“ One thing they have done really well is they use data a lot ,” Ronde says . “ From the beginning , a system was implemented where all the licensed operators needed to deliver transactional data to the regulator so they could monitor products and tax payments .
“ It really enables them to investigate how the market is reacting to various measures or changes .”
A notable example was during the Covid 19 pandemic , when neighboring Sweden hit the sector with mandatory online casino limits to ensure players , who were locked down at home with little to do , did not overspend and overuse gambling apps . From July 2 , 2020 , players were also required to set time limits . These measures were in place until November 2020 .
Meanwhile , Denmark ’ s regulator ( Spillemyndigheden ) saw from its tracking of player behaviors that gamblers weren ’ t drastically increasing their playing time , despite being stuck in a lockdown .
“ That prevented the government from intervening and placing similar restrictions on players like they did in Sweden where they were only predicting there was going to be a problem ,” Ronde adds .
As for channelization , Ronde believes the unwavering rate in Denmark is in part due to the pragmatic regulations in place . “ I think it ’ s been the same for the last five or six years ,” he adds . European peers like Sweden , the Netherlands and the U . K . face a growing black-market problem as new regulations to check player affordability , restrict gambling ads and enforce deposit limits are brought into action , and players are increasingly turning to illegal operators to avoid these new friction points .
But Denmark has largely maintained its original regulations . Ronde says a discussion around restricting gambling ads has rumbled on in Par-
14 Global Gaming Business NOVEMBER 2024