EGBA Requests that the Expert Group on Gambling is Re-established

Author: Live Casino Direct
 
EGBA Requests that the Expert Group on Gambling is Re-established
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The European Gaming and Betting Association supports gaming authorities from EU member states in appealing for the EU Expert Group on Gambling to be re-established.

EGBA requests that the Expert Group on Gambling is re-established. There is no sector-specific EU regulation in the area of gaming services. Most EU nations permit the usage of at least some games of chance via the internet. Some governments permit all games, while others allow only certain types. Monopolistic regimes offering internet gambling are now in place in various European nations.

The European Gaming and Betting Group (EGBA) is a Brussels-based trade association representing bet365, Betsson Group, Entain, Kindred Group and William Hill. Affiliate members include the Swedish Trade Association for Online Gambling (BOS).

EGBA wants the European Commission to reestablish the Expert Group on Gambling. The initial Expert group was disbanded in 2018. It was seen as a success by most regulators. There are concerns over money laundering and unlawful gambling within the industry. They believe that the EU structure for gambling regulators to interact and collaborate on major issues affecting Europe’s online gambling industry is needed.

The European Gambling Commission is constantly modifying existing laws and establishing new ones for authorized online gaming enterprises. Online gambling sites must adhere to various limits and regulations. The EGC enacted these regulations to protect authorized gambling websites. The Commission has asked that the Expert Group on Gambling is re-established. It is well on the way to standardizing the industry. There is an age restriction and some countries have regulations prohibiting gamblers from depositing excessive amounts of money or playing excessively.

There are many laws and regulations to regulate and govern internet gaming. The most important one is to keep consumers safe. There is an age limit and some countries have regulations prohibiting gamblers from depositing excessive amounts of money or playing excessively.