The Danish Gambling Authority has confirmed that Jackpotbet has entered restructuring proceedings in an effort to prevent bankruptcy, attempting to stabilise the company’s financial position while a recovery plan is developed.
Jackpotbet holds a Danish licence to provide online casino and betting services through jackpotbet.dk.
The company operates as a local Danish gambling brand rather than being part of a larger international gambling group.
The website is currently offline and all gambling services are unavailable for the duration of the restructuring. Customers cannot place bets, access their accounts or withdraw funds through the platform.
Players who have outstanding winnings or balances in their Jackpotbet accounts are advised to submit claims directly to the appointed restructuring administrators at DLA Piper Denmark Law Firm.
It is not surprising that smaller companies are facing pressure in markets where large, well-capitalised groups are also present.
In regulated online gambling markets such as Denmark, operators face high fixed costs linked to licensing, responsible gambling requirements and ongoing compliance obligations.
Meanwhile, Soft2Bet has recently announced the launch of its new QuickCasino.dk platform in the Danish market, allowing players in the country to access a rally-themed online gaming experience.
Soft2Bet originally obtained a licence to operate within the Danish gambling market in January 2022.
In separate news this week, LCKY Group has entered into an agreement to acquire RoyalCasino, an online casino in the Danish market.
Richard Brown, LCKY Group CEO, said: “This is a highly strategic and financially compelling acquisition for LCKY Group.
“RoyalCasino brings both a strong market presence and high-quality earnings in Denmark, a market that aligns closely with our focus on regulated, sustainable growth.”
State-owned Danske Spil posted a net profit of just over DKK 2bn ($307.2m) in 2025, with GGR just under DKK 5.2bn
