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Looking to Brussels

The structure of power in the European Union has really changed quite interestingly over the past several years and more and more of the major meetings and huge decisions are coming out of Belgium. The online casino gambling industry is certainly looking to Belgium a lot these days in the hopes that the European Parliament will get cracking on forming a set of EU rules to oversee the internet gambling industry. The European Commission has been operating without a lot of support from the government in its attempts to stop the monopolies and the EU governments that are blocking and banning foreign online casinos from the market.

Right now is a key time in the European market, there are several major emerging gambling industries that have just opened because of new regulations. Both Spain and France are on the cusp of allowing foreign online casinos and betting sites into the market. And at this key juncture in the industry, as previously closed and monopolized markets are emerging into the EU economy with their gambling industries, those same online casino and internet gambling sites are asking the EU Parliament to offer up assistance in the way of a formalized set of rules.

If the EU were to pass new regulations in regards to the online casino gambling industry there would certainly be a bit more respect provided to the European Commission in its continued efforts to negotiate with those nations that are still running state monopolies and still prosecuting and penalizing EU listed gambling sites that operate within their closed markets.