EGBA welcomes new European Parliament’s initiative
Some interesting developments in the digital scene of Europe at the outset of 2016. On the 19th January this year the European Parliament adopted its Digitals Single Market report, calling for the European Union to become a leader in the field of digital economy. The reasons are pretty clear – the future (and if we’re honest – most of the present) is as online as it can get with the internet providing jobs, entertainment and innovations across industries.
The organisation of leading European gaming and betting operators – EGBA – welcomed the attention and announced they are looking forward to remove national barriers and give the over 500 million customers across the EU access to first class digital solutions. It has been raised as an issue before – back in 2014 in the “Cost of non-Europe study”, announcing that the lack of joined market for online gambling is resulting in unequal protection for players across countries. According to the same report, a unified gambling market in Europe would bring benefits of over 5,6 million euros per year.
Over its lifespan, the EGBA’s members have invested more than 600 million euro into digital security and sponsored various sports for over 800 million euro. That coupled with some generous donations to worthy causes by big industry players raises yet again the ever standing question about the ethics of gambling and therefore – it’s legal status.
On topic, this is a very fitting video from American Gambling Association. Worth your time and certainly makes me curious about the situation here in Europe.
Hope you enjoyed my post as always, let’s wait and see what the future holds and until then – good luck to all!
