We review the EGBA member casinos and sportsbooks' open letter to the EU regarding the limitations of regulated gambling and how recent decisions promote black market gambling.
The recent press release from Europe’s leading online gaming and betting operators highlights the European Gaming and Betting Association’s commitment to player safety and sustainability.
With a customer base of 32 million across the continent, the group is focused on blending personal experience with the latest technology to create a secure and enjoyable gambling environment. However, they also raise concerns about the growing threat of the black market for online gambling and call for a more balanced regulatory approach across Europe.
Commitment to Responsible Gambling
The EGBA has made significant strides in promoting responsible gambling through a combination of human expertise and advanced technologies. The casino watchdog fosters a responsible play culture by implementing essential safety measures such as age and identity verification, safety tools, and self-exclusion options.
With licenses in over 20 European countries, the group of casinos and betting providers complies with stringent regulations, employs gambling harm prevention experts, and contributes to local coffers through taxes and licensing fees.
Nearly 40% of European players voluntarily adopt safer gambling tools due to the proactive adoption and development of these tools, reflecting a strong commitment to player safety.
The Growing Threat of the Black Market
Despite the progress made in ensuring player safety, there is a rising concern about the black market for online gambling. Unlicensed gambling sites, often operating outside Europe, pose significant risks by bypassing consumer protections, such as age verification, self-exclusion programs, and responsible gambling policies.
These black market operators ensure they appeal to players by offering massive sign-up bonuses and competitive odds. However, they are not obligated to deliver on payouts and other promises when it doesn’t suit them.
The growing popularity of these illegal casinos and betting sites is a major problem for licensed operators, threatening player safety and undercutting the sustainability of the licensees.
A Call for Balanced Regulatory Frameworks
The EGBA press release highlights the need for a balanced approach to online gambling regulation across Europe. The overly restrictive frameworks in some EU member countries have driven players toward the black market, exposing them to predatory offers and increasing the chances of compulsive behaviours.
By creating a competitive and appealing legal market, regulators can better protect players and prevent the proliferation of unsafe alternatives. The CEOs of the member operators call on national policymakers to design regulations that prioritise customer safety while supporting the growth and longevity of the licensed casino industry.
Find the Best Licensed Casinos in the EU
The press release showcases the EGBA’s dedication to providing its players with a safe and enjoyable experience. By continuing to invest in research, technology, and player engagement, the operators reaffirm their commitment to responsible and sustainable business practices.
We support the promotion of licensed and regulated online casinos because we believe they offer the best long-term gaming experience. To find a trusted casino provider to join, visit our dedicated online casino and GamblersPick Select pages today.
Looking for a fresh take on crash games? We explore engaging crash and tap games with entertaining themes inspired by pop culture and classic gaming.
Learn how crypto beginners can bet safely using stablecoins like USDT and USDC. Skip market volatility and explore 4 top-rated online casinos offering fast, reliable stablecoin deposits today.
Join us for a chat with Wiktoria Hanak of BF Games to understand how the provider decides which games to make and learn more about the mathematical model and bonus feature selection process.
Casinos
Games
Jackpots
