The latest gambling regulation changes in Europe
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Gambling is sometimes frowned upon and considered a taboo subject. Many governing bodies try to regulate gambling. Europe is trying to change gambling regulations to ensure players are protected. The top countries in Europe are implementing changes to gambling laws. They want to safeguard the player at all times and give the power to new bookmakers.
Finland is pushing towards state-owned betting and bingo site Veikkaus. From 2023, Finnish government will introduce a law that prohibits gamblers from transferring funds to a non-Finnish gambling site. Finnish players will probably use VPNs to continue enjoying gambling in a fashionable way.
Sweden has a government-owned gambling site Svenska Spel. The government decided to offer Swedish gambling licenses. New online casinos and bookies are starting to set up in Sweden. Swedish players are allowed to walk away with bonuses when playing at a Swedish licensed online casino.
The United Kingdom Gambling Commission Gabbling License is the most stringent license. UKGC is close to the government and has a strong stance on gambling addiction. In 2020, UKGamblingCommission instructed all of its online casinos and bookmakers that they will not be allowed to accept credit card payment methods to fund a player’s gameplay.
Norwegian government introduced a law that paved the way for Norsk Tipping to be the only gambling site that can operate from Norway. The law also bans Norwegian players from joining any offshore gambling sites. The good news is that if Norwegians use an e-wallet, their credit card details will be converted, so gambling can still go ahead.
The future of gambling in Europe looks more regulated. More gambling sites are looking to set up home in Malta. UKGC has asked all football teams in the United Kingdom to stop accepting endorsements from big gambling giants.
