In the wake of a new study presented to the EU Parliament’s Internal Market and Consumer Protection Committee, the European Gaming and Betting Association (EGBA) reiterates the necessity of a single set of online gambling rules on European policy makers.
According to the EGBA, a cross-border regulatory structure on online betting will eventually produce significant savings and would be a significant upgrade on the current system which currently allows each national state to set its own rules. The 28 different sets of gambling policies are considerably different between them and create unnecessary national barriers.
“Introducing a single set of rules for online betting in the EU makes perfect sense – it would improve the regulation of the sector, save significant money for both consumers and companies and help better protect consumers. That is why EGBA is calling on EU policymakers to ensure that the digital single market benefits the 12 million Europeans who bet online,” reports Maarten Haijer, secretary-general of the EGBA.
The uniformity of European Online Gambling Laws was also discussed five years ago when the European Commission recommended greater consistency in consumer protection measures for the online gambling industry. During this five year period, their propositions have only been adopted by one EU member state.