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Crumbling European Bonds

Speculation in the financial markets indicates that the bonds that hold together the European Union could be seriously weakening right now which would have severe consequences for the online casino gambling industry among many others. The EU’s currency has severely declined in power since the financial crisis hit several years ago and EU countries are cautiously watching the fluctuations in the currency and pondering the stability of the bonds that hold all of these European countries together. The EU was designed as a way to link these countries and strengthen the economies within each country and prevent the type of wavering that is currently being seen all over the world. As nations begin to more closely examine just what they are exactly getting out of the EU agreements, online casinos are in danger of losing their free rights to operate all across the EU with licensing from just one country.

The issues right now really stem from the fact that several European Union member-states are just outright defying the rules and flouting their opposition. Critics cite France as one key example, although France has implemented new online casino gambling regulations in a alleged attempt at compliance with EU policies the new regulations are still biased toward French companies and France shows no signs of budging any further. Additionally, countries in the European Economci Area like Sweden, Norway, and others have outright refused to even consider lifting their blocks on internet gambling despite warnings and requests from the European Commission.

All of these issues point to a much larger underlying issue with the way that the European Union is operating – it’s no longer a unite and the member-states are showing much less of a “we” mentality, a fact that could crumble the bonds between all of the countries.