Europe – No regulation of online gaming in the coming years.

Posted by Yucasino casino news

March 13, 2009

And now what? Well, currently the European Union, can not wait for a harmonized legislation that may be promulgated in the near future . This means that in future years to continue to apply the Treaty rules and the Court of Justice.

As for Spain, will be without regular and more of the same: The coexistence of the game without public legal term and that other private game operated by foreign companies with strong presence in this country. < > There are those who place bets on the probable date on which you have a regulation in accordance with the facts: 2011, 2012, ...

So,

Spanish landscape paradoxical absurdity verging continue, thus creating a conflict of interest between state and private operators are fighting for a market : A LAE continuing to hold the monopoly for lotteries and gambling, and 15 foreign companies (Bwin, Miapuesta (Sportingbet), Bet365, Betfair, Pokerstars, 888, Unibet, Paddypower, etc.). with a strong presence in our country, which are still operating and growing criticism for not being legal under legislation Spanish turns out to be nonexistent!

Has been to recognize the skill and daring that have had years of online gaming companies are very present in the media. Through their partnerships with prestigious sports clubs, have also achieved a good reputation and earn the trust their users.

So,

in a context of severe economic crisis described as the worst in 80 years, European companies seem wagering that they will resist, yes once undertake the necessary adjustments.

Is expected to increase its revenue about 10% in 2009 , as the director of the European Association of Remote Gambling , Clive Hawkswood recently said: < > "The online betting market is holding up very well the slowdown. The most important thing we have in our favor is that our markets continue to grow and our markets are very diverse. The projections for the next 12-18 months are certainly not the same, but when compared with other sectors, the online betting sector can still expect to do very well . I would expect to see a growth of around 10% this year. "

Even without going further, the two largest bookmaker in the UK, Ladbrokes and William Hill reported last month that its profits had increased.

It seems that gambling houses are less vulnerable to recession than other retailers, but we are noticing that fewer people are going back to the local and internet, which involves the closure of the gambling houses in the streets, betting shops. As indicated by Clive Hawkswood:
" There is a general trend of movement from the traditional stores to online operators. Online betting have less fixed costs and costs for both the operator and the consumer ".

¿ What will be the future? Well it is not known.

It is hoped that the 17 autonomous communities not given by the outlandish idea of regulating online gambling separately . We hope that the central government commitment to legislate Internet gambling as a way to raise revenue via taxes start of this activity, which in these times of economic crisis is not bad.
Laura G. Spain.

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