Updates in the Online Gambling Industry

9 February 2013 – By Cristian Dragomir

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The online gambling industry in Europe brings new updates that will affect online casino operators and players at the same time. In Belgium, the government has asked the ISPs to block unlicensed online casino companies operating in the country. Despite the fact some of these operators challenged this action in the court, analysts believe they do not have any chance of being successful. The Court of First Instance in Brussels has upheld the Belgian Government’s right to blacklist online gambling operators functioning without a license. Internet gaming companies cannot invoke the fundamental rights of free speech and free commerce in order to perpetuate an illegal activity.

In Spain, the online gambling news is much better. The gambling authority in this country, DGOJ, has initiated a consultation process with interested parties in this area of business. Through this process, the DGOJ wants to examine the possibility of introducing new types of online gambling products such as slots and cross-betting. The parties involved in the local online casino industry have to submit the costs of regulating these games and the benefits that will accrue to the society based on such regulation. Also, the information submitted must analyze the prevention of underage gambling, problem gambling, money laundering, identity and card theft and promoting fair and honest gaming. The deadline proposed is March 2013 and after that the gambling authority needs 45 days to study the information and take a call on the suggestions.

On the Italian gambling market, new partnerships are signed in order to provide new exciting products for Italian players. The online and land gambling supplier IGT has announced a new partnership with software provider iSoftBet. As a result of this agreement, iSoftBet customers and their players will be able to access the entire online casino game portfolio with the WagerWorks online slot games of IGT. This partnership would allow IGT to continue establishing itself in Italy, which is the first online gambling market to be regulated in mainland Europe. The software company representatives said this deal is a significant milestone in their continued development and players can access one of the world’s best libraries of online slots.

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