15 March 2025 – By Linda Jefferson
100€ Bonus from Bet365 Casino!The European Union struggles to ensure that all countries will adhere to the rules set out for online casino gambling sites. And the efforts seem not to be in vain as now several countries are already following the rules. Besides that, the European Union also wants to make sure that sites offering online casino and gambling services adhere to the rules set by the European Commission. Recently, the institution has submitted the firs draft of the legislation that creates a framework that member countries will have to follow in order to create an attractive European gaming and gambling market. The European Commission also wants to ensure that there will be no black market involving the operation of gambling services in the Internet.
According to representatives of the European Commission, drawing legislation for all countries of the EU will prevent the development of black markets and other unlicensed operators. By creating a clear framework, the European market will assure its legitimacy of the operators as well as the assurance that the online casinos are licensed by the EU. But the completion of this whole process regarding the regulation of the market seems to be far away. Many online casino operators, gambling organizations and also governments will want to be heard before the final bill will be voted. This process could take several years to finalize.
The Secretary General of the European Gaming and Betting Association stated that it is important that the association should also be involved in the process of forming the regulations even if the European Commission was able to come up with the green paper. Many countries in Europe are changing their online casino and gambling laws in order to be more competitive. The gambling industry progresses from a monopoly-based industry or prohibitive governance, to a more liberal legislation. This liberal legislation is more suited to the current economic conditions in Europe and will surely help the European economy.
