Things have just gotten a little bit better for online casino operators in Denmark. The European Union recently approved a law that would allow online operations to pay lower taxes than physical casinos, Reuters reports.
The decision was reached by the European Commission and serves as a step forward for companies looking to expand their operations in the continent. The Commission completed an extensive review of the law and said that it met the rules put in place by the EU.
"The Commission’s decision establishes that the lower rate of taxation for online gambling indeed constitutes state aid but finds it compatible with EU rules, because the positive effects of the liberalisation of the market outweigh the distortions of competition brought about by the measure," a statement from the Commission said, according to Reuters.
Though online gambling is making strides in the EU, it still has yet to find a foothold across the Atlantic in the United States. Several states, including gambling strongholds New Jersey and Nevada have tried to make online casinos legal but to no avail.
