Online gambling is an extremely popular industry and it continues to attract millions of players from across the European Union. Due to the sheer income that this sector generates, it only makes sense that certain regulations have been put in place in order to ensure transparency alongside a pleasurable gaming experience. Still, it can be a bit confusing to fully understand what this legislation means for customers. Let us take some time to better appreciate how online gaming laws apply to this sector. You can therefore remain confident that you will be able to make the right choice when registering with a specific website.
A General Overview of EU Gaming Laws
One of the reasons why this legislation can be somewhat confusing arises from the fact that there is no single set of rules that apply throughout the region. In other words, each country has been allowed to develop autonomous laws. For instance, some nations may allow only certain games of chance while others are more relaxed in terms of the possibilities offered to players. The EU nonetheless shares one common trait.
All countries are obligated to adhere to the guidelines set forth by the Treaty of the Functioning of the European Union (TFEU). This is particularly relevant in terms of clauses which enable businesses located within a specific country to provide services to another nation; as long as it is a member state of the European Union. This is also why sites like this for example are intended to attract foreign players as opposed to a Swedish audience alone.
This is another area which is critical to address. All EU countries will require any type of online gaming establishment to possess a licence in order to legally offer its services to customers. Once again, the type of licence itself will depend upon the country of origin. This is why players should make absolutely certain that the website in question remains in accordance with any licencing requirements stipulated by the country where it is headquartered.
In the event that a company violates its licencing obligations, it may be forced to shut down completely. There may also be times when the case is directed to the Court of Justice of the European Union (CJEU).
So, how does a player know whether or not a specific online casino is licenced? Such evidence can normally be found by visiting the “about us” page or examining the terms and conditions in closer detail. If this does not provide any clarity, it is wise to contact a customer service representative directly. The good news is that the majority of online gaming establishments serving the European Union are fully transparent and remain in accordance with modern regulations.
Of course, the EU is always trying to streamline its regulatory requirements in order to provide even more choices to the players themselves. This is why it could be a good idea to check back on a regular basis to discover if any rules have been amended.