Response to Draft Regulations
The European Commission is finding at least a measure of success in the
Commission’s serious attempts bring ten rogue EU member-states into compliance
with the EU policy regarding free movement of trades and services between the
countries – even online casinos gambling and betting activities. Internet
gambling restrictions has been the biggest area to overcome for many countries,
largely because of how lucrative nations are finding their existing state-run
online casinos gambling monopolies. But on the flip side, countries with open
borders are demanding access to the restricted markets. Italy is one of only a
few of the ten restricted nations that are actively working to resolve the issue
with the Commission and come into compliance with EU policy.
The latest draft regulations released from the Italian authorities have caused a
small stir in the online casinos gambling and betting industry because the
regulations are still a bit too restrictive when it comes to allowing offshore
gambling companies access to Italian bettors and gamblers. Malta is one of the
largest and more respected of the online casinos gambling company licensing
jurisdictions in the world, and Malta gambling authorities expressed concerns
over the recent Italian draft regulations that were released.
In addition Malta, the European Gaming and Betting Association (EGBA) and the
European Commission also showed concern that the online casinos gambling and
betting regulations were still a bit too severe and restrictive when it came to
offshore and foreign gambling operators.
The Secretary General of the EGBA, Sigrid Ligné commented, “We hope that in the
coming weeks, the Italian authorities will amend their draft decree in an
attempt to solve the few remaining issues.” Most in the online casinos gambling
industry assume that the Italian authorities will make the necessary revisions
prior to passing the regulations considering the Commission and the EGBA made
the public statements concerning the issues with the drafted regulations. |