March 15th, 2009 by Arjan Olsder Posted in 1 | No Comments »
It's been a tough time for (mobile) gambling companies over the past few weeks as the European Parliament was voting if it would, or would not regulate online gambling throughout Europe.
If the Parliament would have chosen to do so, there would have been a 50% chance that online gambling could be banned from Europe. Now however, the parliament has chosen that the individual countries will have to deal with regulating online gambling, or not.
This means that for the coming years, mobile gambling rules will stay the same unless individual countries change the rules for their own territory.
“The European online gambling markets are regulated nationally in accordance with the principle of subsidiarity. Therefore the regulatory frameworks for the (conventional and online) gambling market in the EU are very much heterogeneous. In twenty EU Member States online gambling is allowed, whereas seven Member States have prohibited online gambling. Thirteen Member States have a liberalised market, while six have state-owned monopolies and one Member State has licensed a private monopoly.”
Read the full report here.
