May 24th 2008 04:22 am
International Operational Standards For The Online Gambling Industry
The argument in favor of a state-run online gambling monopoly is usually based on a problem of the players’ safety. This argument has been repeatedly defeated taking into consideration the more and more stringent regulations and restrictions in the majority of the main licensing jurisdictions. The online gambling companies demand the countries such as Greece, Sweden, France, Germany, and others open their markets to gambling operators from foreign countries. Since the European Commission increasingly forces these countries to open their jurisdictions, eCOGRA has published a report, which induces gambling operators to support the high safety standards the Commission asserts that foreign online casinos has.
Recently the UK Problem Gambling charity organisation GamCare, eCOGRA (eCommerce and Online Gambling Regulation and Assurance), and also some other regulatory boards and player advocacy groups worked together to create the eGAP (Generally Accepted Practices) global operational standards for the online gambling industry worldwide. The numerous organizations and experts on online gambling policy formed the set of standards that will act as main requirements and guarantee that the universal industry has the same level of player protection measures, policies and the minimum standards that are acceptable at internet casinos.
The internet casinos gambling atmosphere in the EU is changing now, since the majority of countries are starting to access foreign operators to their online gambling markets. So, eCOGRA and others are working to guarantee that there isn’t any backlash from the European gambling industry liberalization.
Nobody can predict when the European Commission will be able to put an end to all the state-run online gambling monopolies, but by now the Commission has moved a lot in opening up these closed online casino gambling markets.
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