EGBA, or the European Gaming and Betting Association, called for the European Commission to adopt a standardized regulatory framework for the European online gambling market.
This is not the first time that such a call has been made by the industry group, which represents some of the biggest players in the online gambling industry on the continent, including groups such as Microgaming.
“Introducing a single set of rules for online betting in the EU makes perfect sense – it would improve the regulation of the sector, save significant money for both consumers and companies and help better protect consumers,” noted EGBA secretary general Maarten Haijer.
“That is why EGBA is calling on EU policymakers to ensure that the Digital Single Market benefits the 12 million Europeans who bet online.”
The association suggests that the European Union digital single market rules incorporate the igaming market. If this is done, EGBA predicts that EU consumers and businesses could enjoy returns of as much has EUR 6 billion.
A new study shows that Europe countries and regions have a total of 28 different sets of national gambling policies. EGBA said that these rules differ greatly from one another and “create unnecessary national barriers”. Because of the inconsistency from one country to another, many online gamblers head to offshore gambling sites, it said.
