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Lowering EU Credibility

The European Union has had its hands full over the past several years with the task of forcing the EU member states to operate according to free trade laws and accept online casinos from throughout the Union. The fact that nearly a dozen countries are operating gambling monopolies despite repeated cease requests and negotiations from the European Commission reflects badly on the EU. The EU is currently attempting to pressure the US into new regulations and legislation where the offshore online casinos are concerned, but the US Trade Representatives are not taking the EU seriously while the EU is still negotiating with the monopolies.

The US situation is secondary to the fact that the European Union really has dawdled on this situation and the dozen EU member-states with monopolies are not inclined to change this legislation any time soon. The Commission has not had the real power to force the rogue countries into compliance and until just this past year has only used vague threats of further action from the European Court of Justice. But right now there are still many online casinos and internet gambling companies that are actively being prosecuted and fined by EU state’s operating a gambling monopoly.

As for the effect of this on the US online casino gambling market, the US’ stance seems to be one of expectancy. Although there has been international outcry over the US’s protectionist policies when it comes to the internet gambling industry, the US is stalling for time for turning the tables, and spotlight, back on the EU.