Has European Gambling Commissions Gone Too Tough on Legal Online Gambling?
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Online gambling is popular and legal in some countries, but it's not legal everywhere. Some countries see gambling as a bad thing, while others see it as harmless. European Gambling Commissions have gone too tough on legal online gambling.
European Gambling Commissions have gone too tough on legal online gambling.
The European Gambling Commissions keeps changing and formulating the new rules and regulations for legal online gaming firms. The gambling commissions have set up age criteria that will ensure the safety of children. According to this rule, the gambler or player has to confirm his age before playing or depositing funds. There are other restrictions and rules that they need to follow.
The European Gambling Commissions requires a gambler to show his identity to the operator and the customer to be clearly identified.
According to the law, operators should do a risk-based assessment on the gamblers to stay safe from money laundering and other crime risks.
Consumer Protection is the first motive of online gambling operators. They regulate and control online betting by putting up laws and regulations.
There is an age limit for online gambling sites. People below that limit are not allowed to participate in the online gaming sites, according to the rules.
The European Gambling Commissions has been making so many rules and regulations to online gambling to avoid fraud and addiction. Some of the rules are harmful for the players. Some countries limit gamblers from depositing too much and for playing too many.
The European Commission should not be too strict on legal online gambling sites. Too many rules and regulations on the legal sites will push players to illegal ones. In the UK, most of the Gambling licensed casino sites offer GamStop. The service is designed to help players stop addiction to gambling. It has been set up so that many players can ban themselves from G gambling activities. The only reason for the fast growth of illegal gambling websites is because of stricter rules on these sites than on legitimate ones, which makes them easier to play. They are more fun. There are many websites promoting none Gamstop casinos.
Legal gambling sites are important for the country as they generate income and employment. They pay taxes so that the government can use the income to lessen their tax burden. Illegal gambling with basically no rules can make players lose so much that it can be life-threatening. European Gambling Commissions should loosen the rules and regulations a little to make legal gambling the place players want to play.
