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EGBA: Online Consumers Must Be At The Center Of EU Single Market Rules

George Miller

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EGBA: Online Consumers Must Be At The Center Of EU Single Market Rules
Reading Time: 2 minutes

 

European Economy ministers have called on the European Commission to propose measures to modernise Europe’s single market to make it fit for purpose in the digital age. The European Gaming and Betting Association (EGBA) welcomes the Competitiveness Council’s conclusions and urges the incoming European Commission and Parliament to ensure Europe’s online consumers are put at the center of EU single market policies.

Making the single market work for online consumers fundamentally requires the European Commission to act when Member States do not correctly apply existing single market rules in the online world. Unfortunately, the current European Commission has failed to fully enforce the freedom to provide services in many online sectors – including online gambling where in 2017 it decided to shelve infringement cases in the sector. This political decision has been to the detriment of the many Europeans who like to place a bet online, who currently do not benefit from equally enforced rules to protect them and their rights online.

In this respect, EGBA welcomes the Council’s recognition that single market rules need to better ensure a high level of consumer protection when consumers buy services online. EGBA also considers that proposals for targeted regulation are necessary to ensure that current gaps in the digital single market are closed and EU consumers can profit from a truly integrated digital single market.

“The incoming Commission and Parliament have a responsibility to recalibrate the single market to ensure online consumers benefit from the same rights and protections regardless of which member state they live in. But to enable this, the starting point must be for the new Commission to fully enforce existing EU single market rules for all digital services, including online gambling. EGBA companies have more than 12 million active customers and these online customers deserve equal treatment under EU law – but this is currently not the case.” – Maarten Haijer, Secretary General, EGBA.

In its recent manifesto for the new EU term, the EGBA proposed the following measures to strengthen the single market for online gambling:

  • Ensure the implementation of the European Commission’s 2014 Recommendation on consumer protection in online gambling, taking into account digital developments such as in electronic identification, artificial intelligence and Fintech.
  • Reinstate the European Commission’s expert group of national gambling authorities to ensure regular exchanges of best practices, dialogue and regulatory cooperation.
  • Develop and introduce further standardisation of national technical requirements for online gambling, ranging from IT and auditing requirements to anti-money laundering reporting.
  • The European Commission must fully enforce EU law in the online gambling sector.

 

About EGBA:

The European Gaming and Betting Association (EGBA) is the Brussels-based trade association representing the leading online gaming and betting operators established, licensed and regulated within the EU, including bet365, BetClic, Betsson Group, Expekt, GVC Holdings PLC, Kindred Group Plc, MRG, and ZEAL Network. EGBA works together with national and EU authorities and other stakeholders towards a well-regulated online gambling market which provides a high level of consumer protection and takes into account the reality of the digital economy and consumer demand. Today, EGBA’s member companies together have more than 12 million customers in Europe.

George Miller started his career in content marketing and has started working as an Editor/Content Manager for our company in 2016. George has acquired many experiences when it comes to interviews and newsworthy content becoming Head of Content in 2017. He is responsible for the news being shared on multiple websites that are part of the European Gaming Media Network.

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Motherwell Joins “Save Our Shirt” Campaign of Paddy Power

Niji Narayan

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Motherwell Joins “Save Our Shirt” Campaign of Paddy Power
Photo Source: campaignlive.co.uk
Reading Time: 1 minute

 

Scottish professional football club Motherwell has signed a sponsorship deal with Paddy Power and joined the “Save Our Shirt” campaign.

Paddy Power will serve as Motherwell’s title sponsor for the 19–20 season, but its logo will not appear on players’ shirts – in line with the new Save Our Shirt initiative.

Motherwell said the deal represents the largest jersey sponsorship in the club’s history.

“We’re delighted to be associated with Paddy Power’s Save Our Shirt campaign. It’s a fantastic achievement by our commercial team to get them on board. Paddy Power are forward thinking and innovative, and it is a mark of how our fan-owned club is perceived in the world that we were able to attract such a high-calibre partner,” Motherwell chairman, Jim McMahon said.

“We’re delighted that Motherwell are joining in the fun for the upcoming campaign and we’ve been impressed with their ability to keep their involvement top secret, despite all the noise of the past week. We’ve been planning this with them for months, and it feels great to finally unveil their involvement and their beautiful home and away kits for next season. We know our place, and it’s not on your shirt,” a Paddy Power spokesperson said.

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Tough Regulatory Dynamics Disrupt the Q2 Results of Betsson

Niji Narayan

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Tough Regulatory Dynamics Disrupt the Q2 Results of Betsson
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Betsson AB has reported a 5% year-on-year revenue decline for Q2 2019.

Betsson details a “period of operational adjustments,” in which the company has to accommodate new regulatory enforcements across the markets of Sweden, Norway and the Netherlands.

In Sweden, Betsson has seen one of its licences revoked by regulator Spelinspektionen, while the group has seen further Nordic woes as Norwegian regulator Lottstift implements strict “payment blocking orders” on “unlicensed” gambling operators.

Betsson governance has undertaken significant adjustments related to its Dutch market activities, seeking to meet KSA provisional regulatory requirements in order to obtain its future Netherlands regulated online gambling license.

Year-to-date, Betsson maintains a stable revenue performance at SEK 2.6 billion, however, the group-wide adjustments see its YTD operating EBIT reduced to SEK 452 million, representing a 12% decline on 2018’s SEK 512 million.

“Betsson’s long-term strategy and focus is clear and is not affected by temporary downturns in individual markets. We have a good financial position and a high degree of proprietary technology, which make us strongly positioned in the industry. I am confident in my view of Betsson’s capacity and in our strategic opportunities to pursue long-term profitable business with growth and good margins in regulated markets. We also have a geographical spread that compensates for temporary downturns in individual markets,” Betsson AB Chief Executive Pontus Lindwall said.

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Pragmatic Play Live With SkillOnNet

George Miller

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Pragmatic Play Live With SkillOnNet
Reading Time: 1 minute

 

Platform provider rolls out both slots and live casino across its popular brands including PlayOJO

 

Pragmatic Play, one of the leading software providers for video slots, live casino and bingo, has signed a landmark content agreement with casino software provider SkillOnNet.

The deal sees SkillOnNet integrate the provider’s diverse multiproduct offering, including its high-quality selection of video slots.

This means Pragmatic Play favourites such as Wolf Gold and Da Vinci’s Treasure will now be available through SkillOnNet’s network of casino brands, which includes PlayOJO, DrueckGlueck and AhtiGames.

SkillOnNet’s casino brands will now also be able to offer Pragmatic Play’s cutting-edge Live Casino offering.

The agreement sees Pragmatic Play significantly increase its presence in a number of regulated markets through SkillOnNet, including the UK, Denmark, Sweden, Schleswig Holstein, Spain and Portugal.

Pragmatic Play’s entire portfolio of video slots and live casino games has been seamlessly integrated into the SkillOnNet platform via a single API.

Yossi Barzely, Chief Business Development Officer at Pragmatic Play, said: “We are delighted to partner with SkillOnNet, who will receive a number of different products from across the Pragmatic Play range.

“It is very exciting for us to be signing such significant multi-product deals, and doing so across a number of jurisdictions is something that Pragmatic Play prides itself on.”

Michael Golembo, Sales and Marketing Director from SkillOnNet, said: “We’re thrilled to receive such a comprehensive offering from Pragmatic Play, which will be a very welcome addition for our customers.

“Integrating the Pragmatic Play offering was simple and straightforward, and to be able to function in multiple regulated markets has made this choice very easy for us. We look forward to a long and successful partnership.”

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