Gambling regulations in Europe

For centuries, gambling has been a major part of European culture and with technological advances, online gambling has become a major, multi-billion- dollar industry in Europe. In recent times, the European Union has enacted many common policies to govern the Single Market, however individual countries are still ultimately accountable for regulating their own betting industries. Currently, there is no single standardizing body which monitors the gambling industry in Europe.

The United Kingdom Gambling Commission

In the United Kingdom, the Gambling Commission is responsible for the gaming industry, and the 2005 Gambling Act granted the Commission legislative powers to regulate and control all online and remote betting activity in the UK. This legislation included the necessity for all UK online casinos to be officially licensed by the commission. The UK’s method of gambling regulation has been noted for its efficiency and professionalism, and its strong emphasis on players’ protection. Additionally, it’s important to mention that the UK is the most open and free gambling industry among all European nations.

The European Gaming and Betting Association

The European Gaming and Betting Association (EGBA) is the main association which represents the leading privately-owned European online betting and gaming operators. The EU licensed it, and it currently represents seven private companies and three trade associations. Its long-term goals are to establish safe, practical, and reliable digital environment which ensures the safety of players and providers, whilst still adhering to both local and continental regulations.

[button link=”https://dailynewshungary.com/online-gambling-hungary/” type=”big” color=”purple” newwindow=”yes”] ALL ABOUT ONLINE GAMBLING IN HUNGARY[/button]

Western Europe’s Gambling Legislation

France, Spain, Germany and Italy each have their own gambling regulatory bodies.

France

France, for example – inventor of roulette and other casino games, is home to the largest gambling market in all of Europe – their Monte Carlo principality and southern France in general, is world-famous. In 2010, France established the French Regulatory Authority for Online Games |(ARJEL), which legalized poker, sports betting and horse race betting.