πŸ– Monthly Newsletter – March - EGBA

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Source: EGBA. And while online gambling is relatively new, it now represents 21 percent of all gambling activity in the EU and continues to grow. Since reforming its online gambling regime in , the Czech Republic has issued 23 online licences, but only three of them are held by foreign operators and one of those is so far unused. The data has been published by two Ministers for State, Catherine Byrne and David Stanton, and it will be used to provide a baseline to assist in policy formation by the Government. Source: Bloomberg. Source: iGaming Business. Intentions can be explained by the fact that Veikkaus, who enjoys exclusive rights, is losing its position. All submissions are also to be sent through the ePPS. The regulator has said that while it does not currently have a solid definition as to how much advertising is considered excessive, this will become apparent as the regulated market matures. Only 5 EU member states had competitive multi-license regimes in , whereas the rest had monopolies and prohibitions. But shortly before that deadline arrived, the government announced a change of heart. Two-thirds of the population gambled in the last 12 months, according to the first set of data published on the extent of gambling in Ireland. While in the past, either there was no regulation specifically for online gambling or it was only allowed for state monopolies to provide online gambling services, today the overwhelming majority of EU member states have adopted multi-license regimes which allow several private operators to obtain a license and provide their services in that country. The decision is part of two initiatives agreed at cabinet in relation to the future regulation of gambling in Ireland. Monthly Newsletter β€” March By continuing to use the site, you agree that that is OK. Establishing the gambling regulatory authority, as an independent statutory body under the auspices of the Department of Justice and Equality, is the key recommendation of the report of the Inter-Departmental Working Group on the Future Licensing and Regulation of Gambling. Source: Reuters. You can read more about our privacy policy here.{/INSERTKEYS}{/PARAGRAPH} Having had their request to be removed from the database rejected by Spelpaus, they took their case to court. You can out more information in our new overview map contained in the weblink below. This law makes online gambling legal under strict conditions. The changes to betting regulations were authored by regulator AAMS, part of the larger economic regulator ADM, and recently signed off by minister for the economy Giovanni Tria. Patrik Hofbauer, chief executive officer of the gambling giant which competes with listed firms including Kindred Group Plc, LeoVegas AB and Betsson AB, expects that only some 5 to 10 of the about 70 companies granted licenses under the new regulations this year will prevail. {PARAGRAPH}{INSERTKEYS}But how people gamble is changing. Source: Kauppalehti via Google Translate. Lottery tickets and scratch cards were the most common form of gambling, according to the data. Because while most Europeans gamble for fun and in a responsible way, approximately 1 percent gamble too much or too often β€” and more needs to be done to keep players safe when they play online. The aim of this MoU is to facilitate on-going close communications between the two authorities, and to support effective sharing of information on matters of mutual interest and policy areas. The online era we live in is reshaping how we entertain ourselves in so many ways β€” and gambling is no different. Source: Gambling Commission. Under the new regulations, Italian bookmakers will also be permitted to offer Asian handicap betting and provide punters with an early cash-out service. Further information can be found here and here via the Spelinspektionen website via Google translate. British online gambling company Holdings Plc said on Tuesday that it secured a gaming licence in Malta and established a server in Ireland to mitigate a potential disruption from Brexit. The Minister of State with special responsibility for gambling regulation, David Stanton TD, has announced that the Government has today approved the establishment of an Irish gambling regulatory authority. Source: MGA. But with its increased popularity comes an even greater responsibility to ensure its players can play in a safe and responsible environment. Sign up here to receive our monthly newsletter direct to your inbox. PokerStars and PartyPoker are the only offshore operators legally active in the market, while a licence issued to Lottovate remains dormant. Source: Casino News Daily. Source: Department of Justice and Equality. And regulation needs to keep up. Spillemyndigheden, the Danish Gambling Authority, has announced that national stakeholders have agreed on new responsibility provisions, measures and adjustments to be attached to the Danish Gambling Act. Source: Calvin Ayre. In , the situation has dramatically shifted and multi-license regimes have now been adopted in 25 member states. The Gambling Commission, responsible for regulating gambling in England, Scotland and Wales, has reported a slight decline in the prevalence of problem gambling in This is based on a survey of 4, individuals in England, Scotland and Wales. The closing date for this preliminary market consultation process is 31 May After the entry into force of the Remote Gambling Act, which legalizes online gambling, the Gaming Authority is better able to protect consumers against undesirable effects of gambling. However the Administrative Court ruled that if an individual could voluntarily end their suspension, it would undermine the purpose of Spelpaus. The law creates a licensing system for being allowed to offer online gambling in the Netherlands. Gambling is moving towards foreign companies, especially in digital channels. The survey was carried out between August and August , and involved 7, respondents.