Tag Archives: eu

Martin Lycka: The importance of being liquid

Market-by-market, regulators face critical choices in how to govern the intricacies of managing product liquidity vital for all online gambling disciplines. Martin Lycka, Entain Plc’s Senior VP of North American Regulatory Affairs and Responsible Gambling examines how regulators should approach online gambling’s complex liquidity conundrum, maintaining a balance between effective market management and commercial appeal for consumers. ____________________ Liquidity is …

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Spain launches public consultation on tricky loot box judgement

Spain’s Ministry of Consumer Affairs has launched a public consultation seeking guidance on how to ‘modify the Gaming Law’ to include loot boxes as a gambling vertical.  The consultation has been launched with the primary focus of updating Spain’s gambling laws to allow regulatory agencies to judge consumer interactions on in-game purchases and incentives that require a financial transaction. An …

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Mishcon de Reya issues Brexit warning on unsettled data transfer rights

London law firm Mishcon de Reya has issued a notice to its online gambling partners highlighting further Brexit concerns on data protection rights, staff employment and services contracts impacting the industry. Online gambling has faced less friction than other sectors (travel, exports, entertainment) when adapting to the UK’s post-EU future, as the majority of operators undertook significant operational changes during the …

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EGBA: UK and EU must settle on post-Brexit digital data rules

Brussels-based industry trade body The European Gaming and Betting Association (EGBA) has warned the European Union and UK government that current Brexit arrangements carry operational and business concerns for the online gambling sector. Though the UK and EU settled on a post-Brexit trade agreement, the EGBA has stated that the terms and conditions fall short of safeguarding online gambling, mirroring …

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GLMS releases 2020 Annual Monitoring and Intelligence Report

Lottery integrity body Global Lottery Monitoring System (GLMS) has released its 2020 Annual Monitoring and Intelligence Report, which outlines the organisation’s main highlights, key facts and figures for the year. The GLMS has experienced significant growth in 2020, in particular its executive committee and team has expanded in addition to its schedule of digital events. The report contains interviews with …

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Smarkets – 2020 will close on rollercoaster Brexit market 

Smarkets has revealed that its political markets have been re-energised by the government’s last-minute negotiations to secure a fraught trade deal with the European Union.  This weekend, PM Boris Johnson took charge of negotiations meeting face-to-face with EU President Ursula von der Leyen, in a bid to break the deadlock. Yet following reports that no progress has been made on …

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DGOJ calls for loot boxes to be reclassified as gambling products

Mikel Arana, Director-General of Spain’s DGOJ, has confirmed that the regulatory agency has advised the government to introduce changes to the ‘Gaming Law’ in order to reclassify ‘loot boxes as games of chance’. The DGOJ’s leader urged Congress to support the initiative yesterday, stating that the government will launch a public consultation before the end of the year, aiming for …

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EGBA – Spanish Decree’s ‘lottery favours’ conflict with EU laws  

The European Gaming and Betting Association (EGBA) has reiterated its warning to Spain’s Consumer Affairs Ministry that Royal Decree advertising restrictions are in conflict on EU competition policies.  Spain’s autonomous governments have been instructed to implement the ‘Royal Decree on Advertising’ mandate, imposing a ‘near-complete ban on gambling advertising’. The Decree’s headline requirement will see all gambling-related advertising restricted to …

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Winning Post: Germany 2021… the enemy of a good plan

Observing German regulatory developments ahead of 2021, Regulus Partners states that in seeking to have a rule for everything, the onrushing Interstate licensing regime is likely to be immensely destructive on many levels… Perhaps attempting to prove that there is such a thing as a national character, German licensing authorities are now applying considered and potentially highly effective operational engineering …

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EGBA – Operators must ensure highest responsibility standards as Europe returns to lockdown

The European Gaming and Betting Association (EGBA) has reaffirmed its commitment to safer online gambling and responsible advertising by ‘outlining essential measures which gambling companies should rigorously apply to protect their customers’. With the support of 15 online gambling associations, the EGBA stated that the renewed commitment comes at a time when more European countries are facing further COVID-19 related …

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