Home	Tutorial	Online Casino Reviews	Best Online Casinos	Casino Software	Casino News

Online Casino Gambling --- Casino News

Steering from Online Casino Monopolies

Gambling monopolies are a big headache for the gambling companies no matter where they seem to go. The EU gambling market has some wicked problems right now with the land and online casino gambling monopolies excluding foreign competition despite EU policies. The Austrian market in particular is having some issues right now and Bwin Interactive Entertainment AG is right there to help the government sort out more appropriate legislation that steers well clear of more monopolistic tendencies. The Austrian online casino gambling market has only just begun to open to foreign competition and only because of pressure from the European Commission and foreign online casinos.

The new legislation currently being drafted by the Austrian government would really come as a needed relief to some of the European facing online casinos and gambling companies looking for increased access to closed markets. The only problem is, the Austrian Finance Minister, Wilhelm Molterer, is currently in the process of drafting some new legislation that would favor state monopolies like Casinos Austria and still give foreign online gambling sites unfair restrictions and regulations.

Bwin’s legal team though is taking the initiative to draft some sample alternatives to Molterer’s monopolistic and biased legislation. The Bwin suggestions for the new legislation are more than just friendly help as the Finance Minister drafts new Austrian policy, Bwin contends that the currently drafted legislation is unconstitutional and unfairly targets foreign online casino gambling companies in favor of state monopolies. Austria is in a questionable situation right now as the country drafts new legislation – they are under the scrutiny of the European Commission as well as the international online gambling industry.