VALETTA, MALTA, March 01, 2010
/24-7PressRelease/ -- The European Union might stand as one when it comes to their currency but their legal policies are hardly homogenous, and nowhere is this more evident than the disparate stances taken by its member states on the contentious issue of online gambling. Clarification of this byzantine topic has been sought via a series of country-specific editorials at Gamblingkingz.com, an online gambling portal.
EU countries like Spain and the United Kingdom have sought to regulate online gambling and reap taxation rewards. The UK model, which concedes that citizens are going to gamble online regardless of state-controlled attempts to prevent them, and then seeks to regulate the industry so that people who are underage or otherwise vulnerable are protected, has found a few European allies. Gamblingkingz analysis of Spanish online gambling law shows clearly that Spain as an important example has also seen the benefits that follow regulation, most notably substantial revenues from taxation. This liberal attitude towards online gambling still requires a high level of government monitoring and accountability, and also ensures that operators in those countries are licensed and reputable.
But other nations like France and Germany have attempted to adopt protectionist measures that seek to make online gambling illegal, thereby resembling the reactionary attitude of the United States. Both France and Germany have tried to safeguard state-run gambling operations, such as the French horse racing tote and the German national lottery, and in so doing have sought to demonize offshore online gambling companies. Online gambling advertising is banned and the millions of avid Internet gamblers are forced "underground". The editorials on both France and Germany point to the millions of active gamblers playing online, and question the efficacy of this negative legal response (see
French Online Gambling Law and
German Online Gambling Law).
Finally, there are countries like Bulgaria and Russia that have chosen to follow their own paths, neither openly supporting or censuring online gambling, with predictably ambiguous legal and practical results (see
Russian Online Gambling Law and
Bulgarian Online Gambling Law).
The editorial on Gamblingkingz that addresses the state of online gambling legislation in Russia, for instance, throws a good deal of light on a very murky government reaction to online gambling. The Russian state has spent far more energy clamping down on land based gambling, but Russia's online gamblers represent a multi billon-dollar target market that isn't going away and offshore operators have been quick to realize this salient fact.
The truth of the matter is that many European online gamblers who fancy a punt have no idea whether they are within their legal rights to do so, and the series of Gamblingkingz editorials has set out to help them by clarifying the various online gambling laws found in Europe today.
About GamblingKingz.com
Gamblingkingz.com is a UK based online casino and gambling portal with a unique online casino deposit insurance service. Players who sign up at online casinos through Gamblingkingz.com will have their deposits at each casino insured up to $1000.
Website:
http://www.gamblingkingz.com---
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