Open European Betting MarketPublished April 2, 2007 by OCR Editor
The European Commission has decided to step up legal actions against countries that refused until now to open the betting market across the European Union.
European gamblers, this one is for you and it might mean some really good news. According to the Reuters news agency, the European Commission has decided to step up legal actions against countries that refused until now to open the betting market across the European Union. Right now, it seems as those countries will be Denmark, Finland, Hungary and Sweden, but theres a possibility that Germany and the Netherlands will also be joining the festivities.
Needless to say, such a resolution will greatly benefit online casino sites, and players, all around Europe and not only in those countries. An open betting market means equal opportunities for all the online gambling companies in the area, which also means a much more competitive environment. If all of that turns into reality, online gamblers will be the first to celebrate, as the fierce competition will mean better payouts, more bonuses and a higher overall level of online gambling.
The European Commission declaration came just weeks after the resolution of the Placanica case. As a reminder, the European Court of Justice ruled against the Italian government and in favor of the free movement of trade and services among European Union nations. Just like in the Placanica case, the main objective of the European Commission is to abolish state-run gambling monopolies, which make the lives of foreign sites almost impossible.
Unfortunately, the day when Europe will be transformed into a totally open betting market, might not come as fast as we hope, due to the nature of all the legal actions that are being taken. Nevertheless, that day is certainly getting closer and closer, thanks to actions like the one being made by the European Commission. Hopefully, soon enough all of that will become a reality - to the delight of all the European gambling fans out there.