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The EU Online Casino Update

The European Union has already lost credibility with the United States because of internal issues that are tearing the system apart. The European Commission has aggressively pursued negotiations with the roughly dozen EU member-states that are choosing to operate gambling monopoly or hold protectionist policies in regards to the online casino gambling industry. The fact that these gambling monopolies exist has undermined the ability of the EU to effectively negotiate with the US about US policy regarding online casinos. The state of the EU internet gambling industry has not changed overly much in the past year though, and that is the whole of the problem really.

The crux of the dilemma in the EU is that the member-states are continually changing their laws and as soon as one issue seems to find an appropriate resolution, another country announces planned protectionist policies. The economic recession has not helped the situation overly much either. Now, nations are eager to introduce online casino gambling as a way to boost revenue, but do not want to open up competition to other EU member-states. This fundamentally opposes the EU policies regarding the free-trade between EU member-states but yet the lure of the online casinos and possible revenue is just too much for some countries.

The internal strife is pitting several major EU licensed online casinos against major member-state governments. Germany has just this year announced serious plans to close the state gambling market to foreign competition while still expanding state-run gambling. The Netherlands and France are two other countries with similar protectionist agendas when it comes to online gambling.