Gambling is expected to enter a new era shortly in Denmark as deregulation opens up the country's gambling market to international companies.

The Copenhagen Post is reporting that a 60-year gaming monopoly operated by state-owned Danske Spil is set to be terminated when the government announces its plans for deregulation this week.

Deregulation would mean that foreign gaming companies could begin advertising in Denmark and their gambling contests would be legally available for purchase. According to Jyllands-Posten newspaper’s information, only the Lotto and scratch-off ticket games will continue to be under the sole jurisdiction of Danske Spil.