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The Suite Blog >> July, 2009
Blog Entry of the Month: European Online Gambling Industry in Need of International Regulatory Standards

Everybody knows that "certain" European Union member countries are not being compliant with eCommerce laws. Or should I say, non-compliant with eCommerce online betting operations. On one hand, I'm fully in favor of making threats against member State's who blatantly refuse to allow outside operators from taking business all in the name of protectionism. On the other hand, I believe that as long as there is no universal standard - or at least a semblance of a universal standard - that says how online gambling should be regulated, I can't blame the defiant few who continue to take online bets within their own borders, but refuse other operators to do the same - all in the name of preventing problem gambling. Basically, if there is no EU treaty that specifically applies all this talk about eCommerce non-compliance to online betting, there is really nothing the EU can do to enforce compliance. A recent report titled "Market Barriers: A European Online Gambling Study 2009" attests that 19 of the 27 European Union member nations are currently holding debates on the matter of setting up National licensing regimes, which would only serve to foster more protectionism. Contrary to the liberalization in the UK, Malta and most recently in Italy, the overall European online gambling industry is sorely lacking of an international regulatory regime.
 

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