European Online Gambling Green Paper Progress Noted

Published Thursday, September 01, 2011 - Online-Casinos.com

The European Union is doing everything it can to come to a solution to the online gambling issues facing member nations. In order to find a consistent online gambling template for all countries within the Union the European Commission has called on stake holders to input their requirements and add as much information as possible to the process of creating that regulatory framework.

This process has been difficult to bring to a conclusion with so many variations in local customs and laws that have strong monopolies built into them. Nations are quick to point out that they depend on revenues from localized gambling venues and sharing those revenues with other online gambling operators does not sit well with them.  Rules regarding free e commerce among nations set out by the European Commission are not being applied across the board leading to a patchwork of regulations that doesn’t work. 
New director Michel Barnier, of the European Commission, made the decision to publish a Green Paper covering all aspects of online gambling in Europe. At the beginning the European Gaming and Betting Association, a collection of Europe's top online gambling operators has been active in the process and has now submitted a 105 page document to the European Commission in response to the call for information.

Secretary General of EGBA, Sigrid Ligne, has responded in a policy statement by the group saying, "Unnecessarily high regulatory costs act as a barrier to an attractive legal offer that can channel the consumer away from the black market and to the regulated operators." The issues are clearly not being resolved in a timely manner as Ligne criticizes the EC for failing to act in accordance with the EU Treaties.
The European Gaming and Betting Association, proposes the development of a European regulatory authority to oversee enforcement of regulations once they have been established and to coordinate cooperation among nations to engage in meaningful dialogue to achieve a universally accepted regulatory framework.

 

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