EU Court Limiting Online Gaming Monopolies?

Following the EU court’s statement about confirming the legal aspect of different European countries rights to censor online gaming companies, banning them to operate within their borders, a general panic situation broke out in the row of online gambling operators, being the largest ones on the continent.

The EU court has ruled that it is essentially for some European countries to block the operation of online gambling companies within the country and the effect was general panic. The biggest question was: what will be the effect of this rule on online gaming monopolies?

There is no doubt about the fact that this ruling can cause an enormous set-back to the online gaming industry in the EU.

The greatest panic blew out in Malta, where 10 percent of the whole online gaming operation is supposed to be centered and operated.

According to a statement made in the Times of Malta, the decision does not affect Malta as severe as it seems at first glance.

From a conversation with Mario Galea, the former CEO of the Lotteries and Gaming Authority in Malta becomes clear that Malta has an advantage in this case, because of the existing safeguard protecting players.

The European court’s decision’ bottom line was the obligation of the EU member states to protect consumers from negative effects of online gaming.

Foreseeing the subject of the EJC’s complaint and developing a safeguard, Malta has a great advance and is not affected in a major way by the rule.

Other online gaming operators do not had the luck Malta did; the ruling was originally given over a dispute between Santa Casa, a Portuguese betting monopoly and Bwin.

As the EJC ruled, the prohibition was imposed on such operators as Bwin because of offering via Internet games of chance.

After the statement of EJC this fact can be regarded as justified by the objective of combating crime and fraud.