Trade group: Multi-licensing ‘best pathway’ for online gambling in Europe

Sunday, May 5, 2024 10:42 AM
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  • Viktor Kayed, SBC News

A new report by the European Gaming and Betting Association (EGBA) has highlighted how advanced the European market is when it comes to nurturing a competitive online gambling environment.

Drawing a parallel to 15 years ago when only seven countries – one of which was the UK – had implemented a multi-licensing model for online gambling, EGBA revealed a drastic change in the scenery fast forwarding to today.

The industry body reported that 27 of the 31 European nations currently have some form of multi-licensing in place – concluding that this is now the predominant way to regulate all types of online gambling in Europe, including sports betting, casino gaming, poker and bingo products.