Legal Gaming in Europe Summit

Anybody wanting to keep up to date to date on the current legal issues affecting European gambling will need to keep themselves informed of the outcome of the “legal Gaming in Europe conference”.

The summit will allow regulators to speak on legislation in their jurisdiction, lawyers fighting infringement cases and general views of operators on the regulation across Europe and the business challenges they are currently facing.

There is a terrible need for full precision in the legal aspects of the gambling and gaming industry which is going through an unstable period of major changes. There is a lack of cooperation and coordination across the industry mainly due to unclear rules and legislations.

Online gaming and playing patterns have forced the gambling industry in a more unified culture while at the same time insisting and demanding precision and clearness of the legal structure surrounding the whole issue. Tough reactions are expected to the European Commission’s recently published Green Paper on “Online Gambling in the Internal Market”. It should pave the way in determining whether various regulatory bodies can exist harmoniously or whether it is time to set up a unified European Structure.

It is uncertain if the Green paper will have any major impact and the “Legal Gaming in Europe conference” is a sure source of information which comes at a decisive time for concerned parties to prepare themselves to steer clear of rough and dangerous landscape.

Moving into new markets and ventures can prove to be costly if not fully prepared on all legal aspects and keeping up to date on the various challenges is an essential necessity. The debate and examination over regulation and gambling at the European level is increasing and escalating at a fast pace considering the income that can be generated in this sector alone. The estimated revenue for the Spanish market can be worth up to €240m and the Greek grey market at around €220m to €260m. For those interested in this kind of thing we recommend making sure of attendance at these kinds of conferences.

Written for Internet Gambling by Maurice.