EU Wants Common Platform For The Regulation of Gambling Online
It is no secret that the European Union finds the online gambling industry to be problematic . But the problems actually don’t lie with the industry, it is in the way EU countries just do their own thing with regards to trading regulations. The EU is committed to a policy of free trade within the Union, but there are all kinds of issues that come into play, so individual countries tend to make their own laws regarding the industry.
One of the chief concerns of many EU partner countries is the problem of match fixing. So, they attempt to put an end to corruption in sports by stopping activities such as online sports betting, and it is this that affects industry players. While the European Union themselves battle with the case of creating a unified, or rather, common, platform for operators in the Internet gambling biz.
The real problem seems to be that the gambling sector is vulnerable, so protection, as well as stamping out corruption is the EU’s main points of focus.
There has also been a great deal of deliberation surrounding inconsistencies in the rules that apply to online gambling ops within EU member nations. We have seen evidence of this in Belgium, Germany, France, and other member states. These states seem determined not to come to the party in terms of this industry.
Their actions have been seen in the light of a monopolistic approach, and this
goes against the basic mandate of the European Union – that fairness and free e-commerce is an integral part of the structure.
The European Commission has requested industry input, and responded with an action plan, however, this has made very little difference to the way in which certain countries respond. Despite the fact that Michel Barnier – the EC Commissioner for internal trade has called for member states to fulfil their obligations, they simply go their own way.
Apparently there are five areas in which increased cooperation is required, but Mr. Barnier has also mentioned that the EC is “not proposing EU-wide legislation on online gaming”. However, they are still proposing that a common protection principle be adhered to, as well as requesting that all member states follow an across-the-board set of actions.
It is obvious that both the EU and member states have concerns such as underage gambling, cheating in sports, and money laundering, but these issues should not be used as an excuse for monopolistic gambling practices to take place. Age verification technology and other tools to protect the vulnerable have become highly sophisticated – operators in regulated jurisdictions are visibly making use of these. However the new EC action plan wants advertisers to be more responsible too.