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Monday, October 30, 2006

Europe Opts to Regulate Gambling

The UK, Italy and Belgium are opting to regulate Internet gambling, rather than outlaw it like the US, as players turn increasingly to the Web. The EU is pushing countries to scrap any measures that protect domestic companies when those nations open their markets. On Oct. 12, regulators told members such as France and Austria to stop discriminating against international bookmakers and casinos.

Italy next year will let companies offer online lotteries, bingo and betting on sports or games of skill. The UK will begin licensing private Internet gaming sites in September. Belgium is working to change its legislation as well, and private companies are already allowed to offer sports betting in Austria.

The changes may give US gamblers more ways to evade the ban on Internet wagers at home and bet on European government regulated gambling sites.

posted by Clark Gamble at Europe Opts to Regulate Gambling

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