The Danish Gambling Authority Spillemyndigheden (DGA) has confirmed the bankrupt status of local operator Jackpotbet A/S.
Indeed, this latest update comes off the back of the announcement that the operator and regulator had formally initiated a restructuring plan in May this year to help the company avoid bankruptcy, against a backdrop of smaller companies being increasingly squeezed out of the market. Nevertheless, a little over a month later on 18 June, Jackpotbet A/S formally declared bankruptcy to the DGA, which has now revoked its local licence.
Players with funds held by the online casino have been instructed to contact the DGA appointed trustee, DLA Piper Denmark Advokatpartnerselskab.
It has been further specified that the case concerning players' funds being held by a bankrupt gambling operator has, in previous cases, been considered by the Maritime and Commercial Courts, as well as the Danish High Court. The DGA has outlined that, typically in cases of this nature, the courts have ruled in favour of the player, finding that their funds are subject to special protection and belong to the player independently of the bankrupt company's asset pool.
As confirmed by the DGA in late Q2, the online casino sector is now the nation's largest gambling sector, generating $657m in revenue across the full-year 2025 period. Spillemyndigheden's Gambling Market in Numbers 2025 report highlighted that online play accounted for 73% of all Danish gambling, up from 70% the year prior.
Elsewhere in the industry, however, Denmark opened new applications for the market's land-based casino sector, with operators able to apply for licences of up to 10 years under the nation's updated gambling framework.
In Q1, Denmark motioned to tighten gambling rules as part of a new gambling legislation initiative
