The European Gaming and Betting Association (EGBA) has recently released a report advocating for a multi-licensing model as the best pathway for online gambling operators in Europe. The report, titled “Multi-licensing in the European Union: Recommendations for Effective Online Gambling Regulation,” highlights the benefits of this approach and provides recommendations for policymakers on how to implement it.
According to the EGBA, a multi-licensing model would allow online gambling operators to obtain licenses in multiple European countries, instead of being limited to operating in just one jurisdiction. This would not only increase competition and consumer choice, but also create a more level playing field across the continent. Additionally, the report argues that a multi-licensing model would provide greater regulatory oversight, as online gambling operators would be subject to the rules and regulations of each jurisdiction in which they are licensed.
Maarten Haijer, Secretary General of the EGBA, explained the organization’s support for a multi-licensing model, stating that “Europe needs to adopt a more joined-up and harmonized approach to online gambling regulation, which reflects the reality of the digital single market and the cross-border nature of the sector.” He also stressed the importance of working together with national regulators to achieve this goal.
The report also includes recommendations for policymakers on how to implement a multi-licensing model effectively. These recommendations include creating a common set of technical standards for online gambling operators, developing a centralized database of licensed operators, and establishing a European regulatory authority to oversee the sector.
Overall, the EGBA’s report makes a compelling case for why a multi-licensing model is the best pathway for online gambling operators in Europe. By adopting this approach, policymakers can create a more competitive and regulated market that benefits both consumers and operators alike.
