Tricky Legislation for Online Casinos
Scandinavia is taking a lot of heat these days about the insistence that each of
the Scandinavian countries continue the operation of their state-run land and
online casino gambling monopolies. Finland is on the European’s watch list of
countries that refuse to comply with EU laws that govern the free movement of
trade and services between EU member states. Foreign online casinos and gambling
sites that are registered and operated out of other EU member-states have
contested the protectionist legislation enacted by the Finnish government to
protect the revenue coming in from the state monopoly. The latest news out of
Finland is likely to only exacerbate this already tense situation.
According to the Finnish Minister for Sport and Culture, the Finland Slot
Machine Association, RAY (Raha-automaattiyhdistys) will likely open the nation’s
first legal online casino poker site by the end of the year. RAY operates the
state gaming monopoly and has readied all of the backend support and technology
needed to operate an internet poker site. Now though, the only issue stopping
the implementation of this online casino poker site is the government’s current
regulations regarding the internet poker gambling industry.
RAY anticipates that the current legislation will be altered in the coming
months with plenty of time to allow the monopoly to implement a new internet
poker gambling site. This announcement is likely to bring more heat to the
current issue brewing with the European Commission about the continued state
gambling monopoly and the blatant discrimination against foreign online casinos. |