Europe’s Gambling Latest


08/22/2011
By Debra SaundersGoogle

 

The online gambling community’s hope for German gambling reform might be seeing some delays.  Recent reports say that the German state of Schleswig-Holstein, who was pushing forward a liberalized proposition for online casino regulatory reform despite opposition from the other fifteen provinces, will be delaying further talks on the new State Gambling Treaty to after August at the very least.  This move comes as a surprise in light of the fact that the Schleswig-Holstein’s proposal had received support from gambling advocacy groups, online casino operators, and the European Commission.

 

The Schleswig-Holstein proposition proposed limitless licensing for online casino operators in exchange for a taxation rate of twenty percent of gross profits.  Since the current German State Gambling Treaty is going to expire at the end of the calendar year, German politicians must work quickly if they want to succeed in changing the legislation.

Spain’s gambling future is looking much brighter than Germany’s.  Due to Spain’s current economic situation, any and all measures that can increase tax revenue and employment are welcome with open arms.  New gambling reform in Spain is expected to rake in 137.5 million Euros for the state coffers, as well as bring about over 100,000 jobs in the coming years.

 

In Great Britain, the DCMS (Department for Culture, Media, and Sport) recently proposed an amendment to the UK Gambling Act of 2005.  The proposed amendment will bring about the inclusion of other sports associations, including the International Olympic Committee, to the list of organizations granted access to information sharing by the Gambling Act.  This increased transparency will help combat suspicious betting activity and increase the overall integrity of England’s sports leading up to the Olympics in London.


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