Posts Tagged ‘online gambling regulation’

EU Has Own Internal Gambling Mess

Sunday, July 26th, 2009

While the European Union manages to sit in judgment of how poorly the United States is dealing with their laws for online casinos, they have gotten themselves into their on pickle. The EU has been delivering some hardline criticism on the U.S. online casino policies for denying any possibilities of accepting trade from foreign online casinos.

The EU goes on to claim that America is negatively targeting a handful of successful and highly competitive internet casino gambling sites that are based in Europe and that the U.S. government’s actions are technically in direct violation of World Trade Organization guidelines in terms of the reported commitment to free trade that has previously been agreed to.

But the European Union is currently battling with some intense problems of their own in regard to the governing and legal matters of online casinos. It appears that many of the allegedly unified markets are not allowing for fair competition for casino operators across the board either. Nonetheless, legislators from within the United States government have almost made a point of ignoring the criticisms and additional demands that have been sent their way from the European Union. The European Union, however, does itself no favor by having their own gambling market all out of whack.

The European Union should go ahead and back off a little bit from their attack on the legislation in place for online gambling in America until they are able to settle their own situation. Otherwise, their credibility as a governing body representative of a major region of the gambling world, goes right out the window. We in America are only able to stand hypocrisy when it is committed by our own elected officials - not by those of other nations.

Land-Based Casinos Demand Regulation For Online Casinos In Australia

Saturday, January 17th, 2009

Recently Clubs Australia has voiced its concern that online gambling operations make be holding onto a slightly unfair advantage in comparison to their land-based rivals within Australia. For this reason, they have called upon the Australian government to revisit and hopefully revise the policies they currently have in place to readjust the balance so that everything works on a more even keel. The need for standardizing the laws when it comes to gambling has become quite evident for many concerned people.

The changes proposed would mean that online gambling operators would be prohibited from accepting bets that have been placed with a credit card. They would also involve providing gambling perks like earning $1,000 worth of free bets. Also, there would be a considerable amount of emphasis placed on getting the staff properly trained to help ensure that the gambling that does take place is responsible gambling. There has been an extensive amount of criticism thrown at the online gambling industry for not having enough checks and balances in place to sustain some level of accountability.

With the lack of regulation for online casinos, there has developed a huge disparity between the online gambling operations and their land-based rivals. All of the current figures support this allegation and it has resulted in quite an indignant outcry from those folks who represent the land-based casino contingent. Online casino wagering numbers have risen substantially in Australia after Betfair came out victorious in a court case that resulted in given them full permission to conduct their business in Australia.

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