European Facing Online Casinos
The European online casino gambling market is incredibly dynamic right now as
several of the key European markets have begun to tweak and adjust their
internet gambling regulations to better meet the expectations of European Union
agreements. The European Commission has long claimed that tenants within the EU
agreements dictate that all of the EU member states should be operating open and
fair gambling markets that welcome foreign online casinos into the marketplace.
That has been less of a reality in the past several years however, and only very
recently has the Commission seen some strong shifts in the monopolistic control
that several EU countries have over the internet gambling markets.
The idea of a gambling monopoly really goes pointedly against the core
fundamental concept of the EU, which was to unite the economies of all of these
diverse nations and give them a large support system. But to then add in
exclusivity of certain markets, the online casino gambling market in particular,
it puts some countries at a clear disadvantage to others. France is one of the
nations that only in the past year decided to abandon the country’s profitable
monopoly in favor of a more liberalized online casino gambling market.
The French compliance is just one piece of the puzzle however, and there are
still several other European countries that are steadfastly refusing to open up
their markets to foreign online casinos. And though the Commission has the right
to recommend these countries to the European Court of Justice, most countries in
non-compliance have shown a general lack of regard for the European Commission’s
efforts. |