Worldwide Online Gambling Reulation UpdatesPublished November 6, 2014 by Mike P
Online gambling legislation is constantly changing all over the world. Check out this concise update of the breaking news for November.
Leading off the November update is news from Australia, where the government has formed a special group that has been tasked with cracking down on foreign gambling operators serving Australian residents. The group could pursue a strategy of blocking web access to gambling sites through the co-operation of internet services providers.
Malaysia to Block Access to Online Gambling
News reports have emerged to clarify that the Malaysian Communication and Multimedia Commission (MCMC) will use all of the laws at its disposal to prevent Malaysian residents from accessing online gambling sites. Currently, information is still being gathered by the MCMC.
Sports Betting the Leading Light in France
Incredibly, the gross profits of sports betting increased by 94% in France during Q3 of 2014. French regulatory body ARJEL released figures showing that stakes increased by 35% in Q3 2014 from the same period during 2013. In contrast, ARJEL has revealed that online poker and horse racing are struggling. At present, there are no immediate plans for legislative change in France.
New Operator Licenses Coming to Spain
Spain’s Directorate General for the Regulation of Gambling (DGOJ) is considering the introduction of new online gambling licenses in an attempt to stimulate activity in the nation’s struggling economy. Online gambling revenue decreased by 6% between Q2 of 2013 and 2014, so the DGOJ could respond by awarding 10 to 12 new licenses.
Mexico Finally Agrees to Legislative Change
A legislative agreement determining the future of gambling in Mexico appears to at last be a few weeks away, having been held up in discussions that went on long past the initial 20 September deadline. Alongside online gambling parameters, the legislation will also target organised crime groups and seek to award 10-year licenses to operators.
Romania Could Open Up Market
A legal proposal to open up the online gambling market of Romania is currently being discussed by the Romanian parliament. The proposal is seeking to introduce three licensing classes to distinguish between the varied operators of online gambling. No changes are expected to be ratified until presidential elections have been held in November.
UK Gambling Act Finally Implemented
After enduring a month of delay, brought about by legal action, the Gambling Commission was at last able to implement the updated Gambling Act. From 1 November 2014, all gambling operators serving the UK market will be subject to the legal requirements of the Gambling Commission – not just the operators licensed in the UK.