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Regulation of online games: Towards a common European market
With the current divergence of legislation on online gaming, European regulators met on June 20 in Barcelona as part of the XVIIth COFAR Congress ( Spanish businessmen Confederation of gambling sector). Many European regulators gathered around a round table to talk about the regulation of games including online poker in the countries of southern Europe. The round-table was attended by France, Spain, Italy and Portugal respectively represented by the President of ARJEL Jean-Francois Vilotte, the director of the Juego del Ordenacion Enrique Alejo, the director of AAMS Francesco Rodano and the vice president of Santa Casa da Misericordia Fernando Paes. The purpose of this meeting aims to seek a common standard for regulated European markets of online gambling. The other issue that was discussed was the opening of a market ".eu". The opening of this market is still far, however, European regulators agreed to a future evolution towards a single domain name for European players.
According to Jean-Francois Vilotte, it is important that each European country is based on a solid regulation of poker and other online gambling that European regulators may establish a coordinated regulation for all European countries. But progress towards this common market is not foreseen in the near future. The problem is that each country established a regulation for its own market. In France for example, online casinos are banned and the State does not levy tax on gross gaming revenue (GGR). In Italy, this tax is 20% of the GGR against 25% in Spain and 15% in the UK.
Source: Oliver JOHNSON
Tuesday, 26 June 2012
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