Online Casinos in Europe to Face New Laws
Online gambling and betting across the European continent has been a thriving industry for almost two decades. The global industry has grown tremendously as a result of the European developers having significantly contributed to the improvement of games, graphics, safety and overall innovation of the industry. However, new laws could see online casinos in Europe being faced with a tougher time ahead.
Michael Barnier, the head of the European Commission, has once again sent out a stern warning to European gambling regulators. Barnier’s commission is charged with enforcing European Union laws, and gambling regulators could be faced with time in court if they fail to comply with the rules that have been set out for them with regard to the conduct of casinos – including online casinos – in Europe.
These warnings hold a lot of weight as Barnier has even been before the European parliament with these warnings. The latest statements surrounding his warning to European online casino operators took place on The Rock. He strongly stated that come autumn his commission would put forward stringent new plans to properly oversee the online betting and gambling industry all across Europe.
However, this should not come as a surprise for online casino operators. Aside from the repeated warnings dished out by Barnier and other members of his commission, members of the online casino community have been included in the discussions surrounding laws and regulations. The latest invitation to participate in the discussions attracted 250 stakeholders, which according to Barnier, was a huge success.
