Industry News
- March 5, 2010
New EU Commissioner to Resolve Confusions Related to Online Gambling

The confusions related to the online gambling will soon get resolved by the newly appointed Internal Markets Commissioner Mr. Michael. He has already advised to prepare the position paper for the online gambling. This paper will show the outlook of the associate countries which are different from EU (European Union). Mr. Michael would also have a word with the associate countries. He is anticipating that the will receive the support from the College of Commissioners and be prepared to begin employing in this year.
There are nations like Greece, Germany and France who are not ready to obey the rules of European Union. The main cause behind this is that the laws of the online gambling in these countries offer the local operators benefit over private European providers of the online gambling services. Some of the associate countries have expressed worry that online gambling community will burst in the problem gambling and also in the minors connected to the online gambling.
The private gambling operators which are represented by European Gaming and Betting Association and Remote Gaming Association, are claiming on the employing of the free trade in the online gambling. They are also supporting the formation of united European market for online gambling.
Other than the countries mentioned earlier, there are two other countries which are also reportedly challenging the EU policy on online gambling and one of them is Finland. The major names of Finland’s state gambling are Veikkaus Oy and RAY, they have been provided with special authorization to provide online gambling. These online gaming companies will be providing online casino games and online poker from March 2010 under an all new license rules. In Spain, the gambling winnings are provided big tax breaks if the gambling providers are from Spain.
In the case where the providers are foreign companies then the Spanish winners will be paying full tax. The difference between the two taxes is very big and there is no sense for the Spanish nationals to make the wagers with the foreign companies. The Spanish government has provided the excuse in the tax breaks only in the situation of charitable trusts and organizations.
There is no doubt that Mr. Michael has a difficult task in his hands. He is from France and his country is also fighting with EC. The experts are seeing if this will influence the applying of the united online gambling rules by EC.




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