Protecting Remote Online Casinos
The online casino gambling situation in Europe has heightened once again as
European licensing jurisdictions fight the recent ruling the EU Parliament that
might very well counteract all of the work that the European Commission has been
doing over the past several years. Basically, the debate around the EU online
casinos centers on two main arguments, those who assert that internet gambling
regulations should remain under the dominion of individual states and those
companies and individuals asserting that internet gambling is merely another
part of the European Union’s international economy and should therefore operate
under national regulations. The online casinos support this second argument, as
do most of the small nations that license internet gambling as a cornerstone of
their economy.
For Malta, the results of the recent vote were quite unsettling and the Malta
Remote Gaming Council is ready to fight this latest affront to their senses. One
of the first issues is to figure out why two of the five Malta MEPs did not
support the alternative legislation. The Maltese economy is almost wholly
reliant on the international online casino gambling industry – from licensing
the sites to allowing the companies to operate off of the island, the industry
is integrated into the fabric of the Maltese economy.
Now though, if the EU Parliament approval spreads across the EU as actual
policy, all of the online casinos that have invested time and money is the
opening of the EU market will all have essentially wasted their time. Mostly,
all of those opposed are not even necessarily avid supporters of the internet
gambling industry, but rather believe that the EU market ought to be free and
open as the EU policies state. |