Gambling year in review 2020: Europe
Gambling year in review 2020: Europe
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2020 was already shaping up as a transitional year for Europe’s gambling sector before the pandemic hit, with major operators distracted by the need to plant flags in the exploding US sports betting market.
But the year was primarily notable for the tightening screws in European markets either regulated or in the process of regulating, with ‘consumer protection’ the new go-to phrase, although operators ultimately concluded it was they who needed protection from a combination of governments, regulators and the usual media suspects.
The UK market closed out 2020 with news that the government’s long-promised review of the Gambling Act 2005 was finally underway. That followed numerous consultations between the UK Gambling Commission (UKGC) and its ‘working groups’ on issues such as game design, advertising, bonus offers and VIP programs.
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Through a recent deal with the Croatia-facing casino operator, Pragmatic Play has provided its partner with access to its expansive and ever-growing portfolio of online slots, including player-favorites like
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May to June 2020 in Review: Political whiplash follows Covid storm Share
March 25, 2021
Having navigated March and April’s COVID storms, the betting industry was served a political whiplash across European jurisdictions as the months of May and June saw governments order tighter customer controls across all gambling verticals.
SBC – European governments order tougher controls on gambling’s compliance duties
Following direct orders from the government, the
UK Gambling Commission (UKGC) imposed a series of temporary compliance measures on licensed operators who must carry due diligence on affordability checks and customer care interventions.
Meanwhile in Sweden, the Riksdag approved
Ardalan Shekarabi’s direct enforcement of a temporary SEK 5,000 deposit limit as well as additional in-play restrictions across all online gambling verticals from 1 June.
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Is Gambling Addiction Hereditary Is Gambling Addiction Hereditary Pixabay
Gambling s origins can be traced back centuries, contributing to the very fabric of countless civilisations over time.
And this age-old pastime continues to play a prominent cultural and social part today, enjoyed by millions of people the world over in both a live and online setting.
The vast majority of us are able to wager a few bets without running into too many problems. Whether that means gambling within your means, placing a ceiling on any gambling expenditure, or simply knowing when to call it quits, most of us are able to walk away without letting it spiral out of control.