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Legal Online Casino Monopoly

The internet gambling industry in Europe is a pretty sticky situation right now as the European Commission negotiates for an open and free European market and nearly a dozen countries continue to actively operate state monopolies and even actively pass new regulations and laws to block foreign online casinos from accessing the market. Finalnd is one of the regions that supports a state run monopoly; Ålands is a semi-autonomous region of the nation that has just announced the launch of a new online casino gambling site that is an extension of Paf’s land gambling monopoly in the region. The new internet gambling site will launch with the help of Net Entertainment and will allow for both downloadable gambling as well as browser-based gambling.

Net Entertainment was extremely lucky to receive the licensing deal with Paf considering the state run monopoly and the government’s decision to aggressively ban online casinos from the market. Net Ent is a major supplier in the international industry and has a strong reputation –that is a main reason for Paf’s decision to work with the internet gambling group. This region of the world has a lot of potential for the international online casino gambling companies but there are definite monopolies at play and Net Ent now has an “in” into this market.

The deal will run for four years and marks an important step for this region into the legalized online casino gambling industry. Up until the now national restrictions have not even allowed any forms of legal internet gambling…this is a first move into the market.