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 04 dec 2017 13:46 

Commission endorses reform of Danish support scheme for the horseracing sector


The European Commission has approved the reform of a scheme supporting the horseracing sector in Denmark under EU State aid rules.

 

The sector for horserace betting in Denmark is currently subject to a gambling monopoly but is being liberalised, which will allow the emergence of betting companies. Under the scheme, as of 1 January 2018, the horseracing sector will receive a share of the turnover of betting companies from horserace bettingthrough an 8% levy. Currently, the horse racing sector is supported by a share of the revenue of games regulated under the Danish gambling monopoly and other contributions. This support will be gradually phased out by 2026.

The Commission has endorsed the reformed scheme, because it recognises that it is essential for the improvement of horse breeding and horseracing without giving rise to undue distortions of competition.

The scheme, and in particular the levy on betting companies, will also create a level playing field among betting operators. More information will be available on the Commission's competition website, in the public case register under the case number SA.48604.



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