Europe is progressing swiftly towards complete multi-licensing for online gambling
Thursday 02 de May 2024 / 12:00
⏱ 2 min read
(Brussels).-According to a recent analysis by EGBA, 27 out of 31 European countries utilize various forms of multi-licensing for online gambling, with the majority opting for a comprehensive multi-licensing strategy
Over the past few years, Europe has undergone a notable evolution in online gambling regulation. Just a decade and a half ago, the scene was markedly distinct. Many European nations either had no specific regulations for online gambling or adhered to exclusive rights models, granting sole privileges to state-owned entities for offering online gambling services.
But fast forward to today and the situation has evolved significantly. A new analysis[ by the European Gaming and Betting Association (EGBA) concludes that the multi-licensing model has become the predominant regulatory approach in Europe. Under this model, multiple companies are permitted to offer online gambling services within a country, provided they comply with strict regulatory obligations.
Key findings of the analysis:
- 27 out of 31 European countries have adopted some form of multi-licensing, indicating a robust trend towards open, competitive markets.
- Four countries currently do not have any form of multi-licensing: Finland, Iceland, and Norway maintain exclusive rights models, granting state-owned entities a monopoly over all online gambling services, while Luxembourg lacks dedicated regulations for online gambling.
- Of the 27 countries with multi-licensing, 23 countries have a full multi-licensing model for all regulated online gambling products in those countries.
- Four countries have a mixed model with partial multi-licensing: Slovenia and Switzerland each have a monopoly for online sports betting, while Austria and Poland each have a monopoly for online casino gaming and poker, with multi-licensing for all other online gambling products.
- Cyprus (casino gaming and poker) and France (casino gaming) each impose product-specific prohibitions but both have multi-licensing for all other regulated online gambling products.
- Finland is currently undergoing legislative reforms, and is expected to establish a multi-licensing framework for online gambling in 2026.
Categoría:Others
Tags: Sin tags
País: Belgium
Región: EMEA
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