Posts Tagged ‘European Commission’

European Laws: The £899 Gorilla?

by , Jul 22, 2009 | 6:52 am

We all know how difficult and complicated poker-related legislation can get/be in the United States … and we often look at Europe as providing a model of how things could and should be. However, things can actually get pretty complicated across the pond — different languages and all — and if anything, what we have to compare is how actively engaged so many different countries are in dealing with difficult online gambling legal matters … while we in the US seem much more content moving slowly as we figure out how we really will handle billions of dollars worth of online, multi-jurisdictional financial transactions in the 21st century … you know, in a way that doesn’t get the NFL’s fantasy panties in a wad.

Seriously, if it weren’t for the PPA — which we all know is a mere infant, toddler at best, amongst American political organizations — I’m not so sure we’d be moving at all on these matters … and the United States would be leaving it to the Europeans to establish frameworks for what ultimately will prove to be trillions of dollars worth of virtual finance in the future. That’s the undercurrent of why we’re all here in Washington DC right now … as much as we say, and many believe, it’s just about the freedom to bring more dead money into the game.

It’s a lot to chew on, I know. And while you may not have the inclination or scratch to lay down for Gambling Compliance‘s new book on the online gambling situation in Europe, you can click here to read a 5-page summary of Market Barriers: An impartial and comprehensive evaluation of the current legal, regulatory and market landscape for online gambling in Europe:

An entirely new and independently researched 80,000 word survey, the report provides an impartial and comprehensive snapshot of the regulation of Europe’s online gambling sector – a market that the European Commission estimates to be worth US$10.1bn by 2010.

Detailed analysis of all 27 EU member states underlines how the proliferation of national level rules is steadily balkanising Europe’s gambling market and creating new conflicts and regulatory risks for operators:

Europe’s online gambling map is being redrawn with unprecedented speed. 19 of 27 member states across Europe are currently addressing online gambling through reform, while seven of these have made concrete plans to shift towards local licensing models.

Financial transaction (FT) and ISP blocking restrictions are gathering momentum. Since the introduction of payment blocking regulations in the United States in 2006, seven EU member states have introduced mechanisms for blocking online gambling, and a further eight jurisdictions are presently considering blocking measures as part of broader reform debates.

As the nature of European licensing changes, existing land-based casinos and national lottery monopolies are starting to move online while previously excluded private operators are entering markets as B2B service and payment providers.

A product of GamblingCompliance’s international legal research team, the report cites legislation, much of which is not available in English, and uses over 50 primary sources including exclusive consultation with regulators and legal experts on the ground in each jurisdiction.

Price costs £899 for non-subscribers and £799 for subscribers.

Online Gambling News from the US, EU, and UK

Perspectives Weekly (June 26, 2009)

by , Jul 5, 2009 | 11:34 am

Editor’s Note: The previous week’s episode never made it up on Pokerati … but it should’ve — particularly as we enter into a summer-fall of political discourse on the plusses and minuses of online gambling regulation. Specifically, check out about 7 minutes in, where J Todd discusses how our good friends at Betfair were able to help protect the integrity of tennis by alerting authorities to a noticeably heavy bet-load on an obscure Wimbledon match.

Three more guilty pleas in the BetOnSports case in the United States, and the European Commission is now warning the American government to reconsider its ban on online gambling. Plus, industry news from Antigua and Wimbledon.