Europe Gambling Update

08/26/2011
By Tommie ClarkGoogle

 

German gambling reform appears to be seeing delays.  The province of Schleswig-Holstein submitted a liberal proposal for an online gambling regulatory framework that received wide support from the European Commission, online casino operators, and gambling advocacy groups.  However, the other fifteen federated states of Germany did not support the bill.  While it had seemed that Schleswig-Holstein would push forward despite the opposition, it now seems that further talks on a new State Gambling Treaty will be postponed to the fall. 

 

The Schleswig-Holstein proposal called for unlimited licensing to casinos and a twenty percent tax on gross profits.  The German State Gambling Treaty currently in effect is set to expire on New Years.  Legislators therefore must act fast if they want to change the gambling laws.

 

Spain is leaning heavily towards any and all steps for legalization and taxation of online gambling.  It is no secret that Spain’s economic situation is grim.  Therefore, the expected 137.5 million Euro tax and license revenues for 2012 are surely needed.  Spain has seen a recent hike in the percentage of online gamblers.  These factors combined can translate to increased employment in the casino sector.

 

In England, the Department for Culture, Media, and Sport has announced an amendment proposal to the UK Gambling Act of 2005.  The amendment calls for the inclusion of the International Olympic Committee and other sports organizations in the Gambling Act bodies permitted by law to receive information sharing from the Gambling Commission.  This is aimed at increasing integrity and combating suspicious betting activity. 

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