The European Gaming and Betting Association (EGBA) has looked into more detail as to why enhanced EU policy could be of great advantage to internet gamblers across the continent.
EGBA Secretary General Maarten Haijer described five main reasons why more research is needed to create a safer, cross-border electronic entertainment atmosphere, initially posted via Politico.eu
The first mentioned is due to the increasingly common and inherently cross-border nature of online gambling, emphasising that ensuring that people only use authorised locations that are fully protected by consumer protection regulations is crucial.
In addition, as a consequence of a patchwork of domestic laws, the need to address “policy inconsistencies” was also highlighted, with distinct sets being said to work in isolation “leading to policy fragmentation and divergence.”
As well as addressing presumed insufficient consumer protection norms and a absence of official structure to encourage legislative collaboration between nations, Haijer emphasised that “EU rules are not being enforced within the industry.”
Talking about the need to combine European online gambling and boost the security of consumers, Haijer said:
“As the new EU term begins, much attention has already been given to the importance of making Europe’s digital economy work better for European consumers.
“Ensuring the EU single market embraces the digital reality and is less impeded by national barriers is a major challenge, but one that EU policymakers must grapple with to prevent Europe’s economy being left behind by global digital transformation.
“And while much progress has already been made in terms of the EU digital single market rules, it is vital to ensure these rules harmoniously intersect to safeguard the rights of consumers and promote the interests of online businesses.
“Because today the online economy goes far beyond music streaming, or buying a book online, and includes almost anything you could imagine — including placing a bet on the outcome of your favourite football team’s next match. EU regulation needs to keep up.”