But the Welsh hero faces a massive challenge to hang onto his crown with star duo Luke Humphries and Luke Littler chasing success.
The 2025 World Series of Darts continues in the Danish capital on June 6-7 as a 16-player field compete for televised silverware.
World No.1 Luke Humphries headlines a high-quality line-up in Copenhagen fresh from his memorable Premier League triumph last Thursday and starts against Madars Razma.
He said: "You can't win all these titles and not be hungry. You can't become lazy. I hope my Premier League win drives me and makes me hungry to win more. I'm still young so I've got the chance to get better. I feel like I need to, because if I don't, the younger generation are going to come through and take over."
Friday's first round will see the eight PDC superstars taking on eight Nordic and Baltic challengers and Price could play Humphries in the quarter-finals if he overcomes Dekker.
World Champion Littler will also headline this weekend's event and the teenage sensation opens his title challenge against emerging Swedish prospect Viktor Tingstrom.
Littler missed last year's visit to Copenhagen, but he will be eyeing a return to winning ways after relinquishing his Premier League crown a week ago.
Nathan Aspinall lifted the European Darts Open title in Leverkusen on Sunday and begins his bid for back-to-back titles against Benjamin Reus. Top seed Stephen Bunting kicks off his campaign with a tie against Sweden's World Cup quarter-finalist Oskar Lukasiak.
Meanwhile, Lukasiak's World Cup partner Jeffrey de Graaf will take on Chris Dobey, who received a late-call up following the withdrawal of 2021 champion Michael van Gerwen due to family reasons.
WHERE TO WATCH: The Mr Vegas Nordic Darts Masters will be broadcast live on ITV4 in the UK, through the PDC's worldwide broadcast partners including DAZN and Viaplay, and on PDCTV (excluding Germany, Austria & Switzerland based subscribers).
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