Tag: Global
Global Region News
All the Latest News from around the Globe from the casino industry
Decoding RTP in Crash Gambling
Crash gambling games have become a thrilling frontier in online gaming, captivating players with their high-speed rounds and massive potential payouts. But behind the glitz and adrenaline lies a crucial concept that directly impacts your chances of winning—Return to Player (RTP). Understanding RTP can turn your game strategy from guesswork into calculated decision-making. For example, a crash game with an RTP of 95% means that, on average, players receive $95 back for every $100 wagered over time. However, this doesn’t guarantee immediate wins—it’s a long-term average influenced by randomness. Let’s break down how RTP plays into your odds at Online Casinos and why it matters in crash gambling.
What is Return To Player (RTP)
The Return To Player (RTP) is a percentage that represents the amount of money a game will return to players in winnings over time. The higher the RTP, the more favorable the game is for the player. For example, a game or a crash game with an RTP of 97% means that if you bet $100 on the game, you will receive $97 in the form of winnings over time. On the other hand, the 3% difference is referred to as house edge. This is the opposite of RTP and represents how much money casino sites will keep as profit over time. In our example above, the casino would keep $3 for every $100 wagered over time.
One important thing you need to bear in mind is that the Return To Player is calculated over a long period of time. What this means is that you won’t win $97 every time you bet $100 on the game. In fact, some players may win big, while others may not win even a dime in a particular gambling session. You also need to note that crash games, just like other casino games, are designed to favour casinos. In other words, it is nearly impossible for casinos to lose money.
Perhaps you could be asking yourself how casinos and software providers calculate their RTPs. In a nutshell, the calculation involves statistical analysis that takes into account all possible outcomes of a particular crash game. The calculation also involves millions of game rounds to ensure accuracy. To calculate the Return To Player rate, you only need to take the amount wagered on a particular game and divide it by the amount won by players. For example, if players wager $950 on a game and win a total of $1000, then the RTP would be (950/1000) x 100=95%.
Why RTP Matters in Crash Gambling
Crash gambling games operate on multipliers that grow exponentially before crashing. While skill and timing are critical, RTP still dictates the fairness of these outcomes. A game with a high RTP offers better odds of building a sustainable bankroll over time. For example, a game with an RTP of 97% and multipliers capped at 2x allows players to make more informed, lower-risk bets compared to one with a lower RTP.
Understanding RTP helps players identify games with fair mechanics and avoid those designed to drain wallets. By choosing crash games with competitive RTP rates, you can maximize your chances of walking away with a win—without relying purely on luck.
Which Crash Games Have the Best RTP?
The following table consists of the highest RTP crash games worth trying out in 2024. Besides having a solid RTP, the games have simple gameplay, big payouts, and friendly betting limits.
Game Name & Provider | Return To Player (RTP) | Best Casino To Play At |
---|---|---|
Crash by Stake Originals | 99% | Stake.com |
Cash or Crash by Evolution Gaming | 99.59% | Instaspin |
Fly X by Games Global/Buck Stakes Entertainment | 97% | Jackpot City |
Aviatrix by Aviatrix | 97% | 22Bet |
JetX by Smartsoft Gaming | 96.7% -98.85% | GG.Bet |
Maverick by AD Lunam(1×2 Gaming) | 97% | Casino Rocket |
SpaceXY by Bgaming | 97% | 7Bit Casino |
Pilot by Gamzix | 96.5% | Katsubet |
Spaceman by Pragmatic Play | 96.6% | BC.Game |
Leading Crash Game Casinos
Crash gambling has surged in popularity, offering players fast-paced action and the potential for significant wins. Among the notable platforms that that have crash game catalogues, Stake.com stands out with its proprietary “Crash” game, featuring a sleek interface and an impressive RTP of 99%. The platform supports both cryptocurrency and fiat transactions, ensuring accessibility for a broad audience. Stake also has a strong commitment to fairness and transparency has solidified its reputation among crash gambling enthusiasts.
Another excellent option is Casino Rocket, which, while primarily known for its extensive selection of over 1,000 games—including slots, table games, and live dealer options—also offers engaging crash games. The platform provides a user-friendly interface and supports flexible payment methods, catering to both casual gamers and high rollers. New players can benefit from a welcome bonus of up to €1,000 and 150 free spins, enhancing the overall gaming experience.
For those who prefer a long-standing platform with a diverse game library, Jackpot City Casino is an appealing option. A veteran in the online casino industry, it recently introduced Fly X, an innovative crash game where players bet on a superhero’s ascent and must cash out before the hero disappears. With multipliers reaching up to 12,000x the initial bet, Fly X adds a thrilling layer to Jackpot City’s already robust offerings, making it a standout choice for adrenaline seekers.
Each of these platforms brings unique strengths to the table, whether it’s Stake.com’s high RTP, Casino Rocket’s generous bonuses, or Jackpot City’s dynamic Fly X experience. Together, they showcase the exciting variety available to crash gambling enthusiasts.
Next-Gen Technology impacting the global gambling landscape
By Vinolin Naidoo
The evolution of global gambling has witnessed remarkable strides in the industry, thanks to Next Gen Technology. Global gambling dates back many decades and consisted of physical betting at betting shops, playing at brick-and-mortar casinos, and placing wagers at online casinos and minimum bet sportsbooks.
Nowadays, thanks to smartphones, 5G internet technology, and the adoption of blockchain technology, these are driving the growth of online gambling and increasing the demand for online gambling.
Product innovation and trends that have transcended the gambling landscape and technology have brought the implementation of mobile gambling, the introduction of blockchain technology, and cryptocurrency as an added payment method.
Our article explores the market analysis report compiled by Grand View Research for the period between 2018 and 2030. It evaluates the trends and impact of Next Gen Technology on the global gambling landscape. We also delve into some industry growth statistics and envision the future of this flourishing gambling industry.
Advances in mobile phones have elevated gambling to a new level
When online gambling was first introduced, playing through a desktop was the preferred option for many players. Most players would access their favourite top-rated online casinos through their PC or laptop and enjoy their betting.
The market analysis report compiled by Grand View Research indicated that desktop gameplay accounted for around 48% of online gambling revenue in 2022. While this may seem impressive, if you dig deeper, you will see diminishing statistics of desktop gameplay. Desktop gameplay provides players several benefits, including playing on a large screen, enhanced graphics and audio quality due to screen resolution, and customizable storage capacity of desktops.
However, one major disadvantage of desktop gameplay is convenience. Players are stuck playing at a fixed location and cannot multitask their gambling activities with daily routines. Desktop gameplay is becoming a thing of the past, and today, thanks to Next Gen Technology and 5G internet technology, the growing adoption of mobile gaming has transcended the industry.
With mobile gaming, players can access the best online casinos through various supported operating systems and devices, including IOS and Android. Players can multitask, play casino games, and place sports bets while walking to the shop for groceries or relaxing at the beach.
Modern smartphones support machine learning, artificial intelligence, and augmented reality, which help developers create immersive and interactive gambling applications. Advanced mobile device technologies have resulted in realistic gaming visuals in most smartphones, leading to increased access to online casinos and sportsbooks through mobile phones. Suppose you look at the best online casinos and sportsbooks, such as Sky Bet, Bet365 and Betway. In that case, all these betting platforms are accessible through mobile, and some even have stand-alone betting apps compatible with Android and IOS smartphones.
Mobile gaming provides players with many benefits, such as remote playing anytime and anywhere, exclusive loyalty points, more banking methods and multiplayer gaming options, where players can play against others instead of just the online casino.
The rise of multiplayer gaming options is primarily thanks to virtual reality (VR). VR in gambling creates the simulation of surroundings, and players can interact realistically with specific hardware, such as headsets. VR allows online casino players to interact with other players and live dealers and offers a more enhanced online gambling experience, complimented with better sound quality and a realistic game design and gameplay.
The growth of mobile gameplay will continue for years to come, and the latest figures show that, in time, mobile gameplay will bridge the gap to desktop gameplay. The availability of mobile phones at affordable prices and the latest technological features, such as improved graphics, audio, gameplay and expandable storage capacity, are just a few factors that will contribute to the growth of mobile gameplay.
How the gambling industry has adopted blockchain technology and cryptocurrency
Traditional online gambling consisted solely of FIAT Currency, and all deposits and withdrawals only supported these options. Technological advancement in the late 2000s gave rise to cryptocurrency. Ask anyone about the term ‘cryptocurrency’; generally, the first response is Bitcoin. Bitcoin is one form of cryptocurrency and is considered the most popular type. Other forms of cryptocurrency used at online casinos include Litecoin, Dogecoin, Ethereum, Ripple, Tether, XRP and Tron. Many industries have supported cryptocurrency, and the global online gambling industry is one of them.
The rise of crypto casinos has impacted the growth of online gambling. For instance, renowned top online casino BitStarz is a Bitcoin-based online gambling platform with over 4 million active players. Gambling through cryptocurrency offers more diversity and options for players across the globe, and all this is available thanks to blockchain technology.
The adoption of blockchain technology has allowed traditional online and crypto casinos to accept cryptocurrency deposits and withdrawals. Blockchain technology ensures secure payments with transparency through blockchain ledgers, ensuring a decentralized system that prevents fraud and malicious actions from hackers and cybercriminals. All banking transactions at online and crypto casinos are encrypted, and there can’t be any fraud. Blockchain technology also ensures fast payouts and processing times, and instant real-time deposits and withdrawals are provided to players. Another benefit of blockchain technology is that crypto casinos charge low transaction fees. Unlike traditional casinos, where there is a fee for card deposits and Bank Transfers, digital currencies are decentralized, so there are no intermediaries to process exchanges.
Besides impacting the banking platforms for the gambling industry, another impressive feature of cryptocurrency, namely Bitcoin, is the gaming library. There are hundreds of exclusive Bitcoin games that are available through cryptocurrency. Today, most online casinos, whether traditional or crypto, will have an exclusive Bitcoin casino games section filled with the best casino slot games, all with high-quality graphics and features.
Technology has set the foundation for the future of the industry
The global online gambling market was estimated at $/€63.53 billion in 2022 and $/€70.64 billion in 2023. Forecasts show that the market size value was expected to grow at a compound annual growth rate of 11.7% from 2023 to 2030. Revenue forecasts by 2023 are a record $/€153.57 billion.
Key factors driving the growth of the online gambling market include modification of restrictions, internet penetration, rise in the use of mobile phones, growing number of new online casinos, and increased investment in the industry. In 2022, internet penetration in the US was 92% of the total population. The increased popularity of online gambling in the US was mainly due to cultural and legalization approval, easier access to online gambling platforms, celebrity endorsements with leading online casinos and sportsbooks and corporate sponsorships.
Europe dominated the online gambling market, and by the end of 2022, it had a market share of 41%. The popularity and increased market share are attributed to the legalization of gambling in several European countries, including Spain, Italy, Germany and France. European gambling regulators, such as the Malta Gaming Authority and the UK Gambling Commission, have authorized several online casino licenses to many newcomers in the industry. Other market growth drivers in Europe include the availability of high-speed broadband internet and the rise in mobile gaming and sports betting.
One region where the market for the projected forecasted period is expected to grow exponentially is Asia Pacific. A combination of increased use of internet services, the medication of restrictions related to online gambling and betting, the adoption of cryptocurrency and the high economic growth of the Asia Pacific region is anticipated to fuel market growth throughout countries like China, India, Australia and New Zealand.
Our article discussed the market analysis report compiled by Grand View Research. It evaluated the trends and impact of Next Gen Technology on the global gambling landscape and what the future has in store for the industry. After analyzing the report and trends and looking at the projected forecasts, we have concluded that Next Gen Technology, along with factors such as mobile gaming, blockchain technology and the modification of restrictions, will ensure that the gambling industry will continue to thrive for years to come. The projected statistics from the report show that the online gambling industry is on an upward trajectory and will continue to be profitable and grow in size. Online gambling is an entertaining activity for all legal players, and to enjoy the ultimate online betting experience, remember to play responsibly and with funds you can afford to lose.
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Ukrainian President to Increase Control Over Online Casino Industry
By Shadrack Kairu
In an attempt to strengthen governmental oversight of the ballooning online gambling industry in Ukraine, President Volodymyr Zelenskyy has put together detailed plans to enforce stricter regulations and supervision. This stems from escalating concerns surrounding the unregulated proliferation of online casinos, particularly their impact on the nation’s armed forces.
The announcement – to increase control over the online casino industry – by the Ukrainian leader comes hot on the heels of a compelling petition spearheaded by a valiant soldier hailing from the illustrious 59th brigade, Pavlo Petrychenko.
The fervently supported petition, amassing an impressive tally of over 26,000 signatures, vociferously advocated for a decisive prohibition of online gambling activities for military personnel. It vividly underscored the toxic effects of gambling addiction on the psychological well-being and financial stability of the gallant Ukrainian service members.
“I held a meeting with the Security Service of Ukraine, the Ministry of Digital Transformation, the State Service for Special Communications and the National Security and Defence Council Secretary on the issue regarding online casinos. The reports were informative. We are preparing relevant steps that will add the necessary control of the industry and help protect the interests of society properly.”
President Volodymyr Zelenskyy
This groundbreaking development heralds a remarkable paradigm shift in the governmental stance towards the online gambling scene, which has experienced an unprecedented surge in popularity subsequent to its re-regulation in the year 2020.
As per the assertions of the chairman of the parliamentary Finance Committee, Danylo Hetmantsev, the gambling industry in Ukraine contributed a staggering sum of approximately 2.2 billion Ukrainian hryvnias (£45 million, €52 million, or $56 million) in taxes for the year of 2024. However, the recent actions undertaken by the president suggest a resolute prioritization of the well-being and prosperity of the citizenry over the financial windfalls reaped from the industry.
Banning Ukrainian Soldiers from Online Gambling
The petition forwarded by Pavlo Petrychenko is widely seen as the driving force behind the president’s audacious decision to confront the pervasive issue of online gambling head-on. In his appeal, he meticulously delineated the profound impact of gambling addiction on military personnel, who, he persuasively contends, are uniquely susceptible owing to the prodigious stressors and traumas they encounter in the line of duty.
Petrychenko’s laudable petition implores the president to expedite the submission of a legislative bill to the parliament, one that proscribes all online gambling activities for military personnel during periods of martial law.
The proposed legislation also eloquently advocates for the stringent prohibition of any advertising or public endorsements emanating from gambling entities purporting to extend charitable assistance, thereby effectively closing off this insidious conduit utilized for the veneer of legitimacy in their operations.
Furthermore, the petition demands the unequivocal prohibition of pawnshops from accepting military equipment from indebted soldiers, and it vehemently calls for the imposition of stringent directives mandating internet service providers to diligently blockade access to illicit online gambling platforms.
In his address, Zelenskyy fervently underscored the fervent endeavours of the governmental apparatus in meticulously formulating a series of measures designed to exert more control over this burgeoning industry and effectively safeguard the interests of society.
This sentiment resonates profoundly with the concerns articulated within the petition, which sounded out the effects of online gambling not just on individual soldiers, but also on their cherished families and communities.
Allegations Emerge that Russian Online Casinos Are Targeting Ukrainian Players
The disturbing threat of illegal online gambling companies targeting Ukrainian players has also hit headlines in the past few months. Earlier this year, the Economic Security Bureau of Ukraine successfully confiscated a staggering sum of 700 million hryvnias (£14.3 million, €16.6 million, or $17.9 million) from a prominent gambling operator embroiled in a web of tax evasion.
The painstaking investigation conducted by the authorities unveiled the egregious modus operandi wherein the operator clandestinely operated a plethora of “mirror” websites offering illicit gambling services to unsuspecting Ukrainian citizens.
This endeavour to address unlicensed operators signifies only a fraction of the multifaceted strategy carefully devised by the Ukrainian government to combat the burgeoning issue of illicit gambling within the nation. In 2023, a series of significant laws were enacted, imposing stricter anti-money laundering and counter-terrorism financing regulations on gambling operators. Additionally, a proposed amendment aimed to limit financial institutions from providing credit to self-excluded consumers.
The troubling allegations implicating Russian online casinos in the unscrupulous targeting of Ukrainian players assume a particularly worrying trend, given their potential to aggravate the already tenuous security situation prevailing within the region. The Ukrainian government has, for some time now, harboured deep-seated fears regarding the exploitation of financial instruments, including gambling, as a clandestine conduit for undermining the tenets of national security and funding illegal activities.
Against the backdrop of the conflict with the Russian forces, the looming danger of Russian-backed online casinos insidiously preying upon unsuspecting Ukrainian citizens, particularly those serving in the military classes, portends a big threat to the national security apparatus. The concerted efforts undertaken by the government to root out these operators is a strategy accurately devised to safeguard the sovereignty and well-being of the citizenry.
Petition Demanding Restrictions on Online Gambling in Ukraine
As mentioned earlier, a few key legislations came into effect in 2023, imposing a significantly more stringent array of anti-money laundering and counter-terrorist financing stipulations on gambling operators. Concurrently, a proposed amendment ostensibly sought to preclude financial institutions from extending credit facilities to self-excluded consumers.
In particular, the plea for a categorical prohibition on online gambling activities for military personnel is a commendable step towards stopping the insidious scourge of addiction and financial tumult affecting the armed forces. The potential effects of unchecked gambling addiction, ranging from the danger of crippling indebtedness to the shameful acts of pawning off essential equipment and, in extreme cases, defection, pose an existential threat to the national security apparatus of Ukraine.
It is important to note that everything we’ve written about here goes beyond the borders of Ukraine. Indeed, it represents a trend observed across most nations worldwide as the digital revolution continues to transform the gambling industry.
Leaders and policymakers worldwide, coming from diverse backgrounds, are facing a challenging dilemma as they strive to navigate the intricate task of balancing the financial benefits offered by the industry with the crucial responsibility of ensuring the welfare of their people.
Conclusion
As Ukraine moves forward with efforts to enhance its control over the online casino domain, stakeholders within the industry will be closely monitoring, seeking clarity on how the regulatory changes will shape their trajectories. With the president’s firm dedication to safeguarding the interests of society, it becomes evident that the days of greedy casino operators shamelessly taking advantage of the innocent citizens of Ukraine are on the decline.
We foresee a situation where Ukraine’s leadership in this noble endeavour serves as a pacemaker for other nations traversing a similar path. This is the endeavour to strike a balance between generating tax for economic growth, protecting consumers, and meeting societal welfare. Of course, this won’t be an easy task but is vital for nurturing the long-term sustainability of the fast-growing gambling industry.
The Gambling Age Versus Global Drinking, Driving, and Smoking Laws
Belgium – known for its irresistible waffles and chocolates – is making headlines but not over sweet treats. It’s over their gambling age. This year, Belgium in Western Europe raised its gambling age from 18 to 21. It cited the associated risks of gambling addiction as the rationale behind the move. But was it a case of ensuring responsible gambling and mitigating access to the best online casinos and minimum-bet sportsbooks?
Why, would a country raise the gambling age when all other European nations such as Sweden, Germany, Ireland, Finland, Austria and others stand in stark contrast with a legal age of 18? This raises many questions about global inconsistencies when it comes to the responsibility levels and maturity of young adults.
Why do age restrictions for driving, smoking, drinking alcohol, gambling, and even watching adult content vary so differently around the world?
Due to the fact that such a decision impacts the best online casinos and minimum bet sportsbooks, MDC decided to explore the regulatory age gaps further. Here is what we found.
Countries | Belgium | Canada | New Zealand | Germany | Japan |
---|---|---|---|---|---|
Legal Drinking Age | 16 for beer and wine 18 for spirits and stronger alcoholic beverages | 18 in Alberta, Manitoba, and Quebec 19 in the rest of the provinces and territories | 18 | 16 for beer and wine 18 for other alcoholic beverages and spirits | 20 |
Legal age to watch porn | 18 | 18 | 18 | 18 | 18 |
Legal age to smoke cigarettes | 18 | 18 in Manitoba, Quebec and Alberta 19 in the rest of the provinces and territories | 18 | 18 | 20 |
Legal age to drive a vehicle | 18 for a full driver’s license 17 for a learner’s permit | Learner’s Permit 16 (17 in Quebec) Full Driver’s License: 18 or 19, depending on the province or territory | Learner’s Permit: 16 Full Driver’s License: 18 | Learner’s Permit: 17 Full Driver’s License: 18 | Learner’s Permit: 18 Full Driver’s License: 20 |
Legal age to gamble | 21 | 18 years old in Alberta, Manitoba, and Quebec 19 years old in the rest of the provinces and territories | 18 | 18 | 20 |
Global debate needed on legal age restrictions
What is clear from the above data is that 18 year olds across most countries allow accessibility to adult content online. So, the perceived maturity level is 18 and despite the internet being rife with potential harms, we allow 18-year-olds to navigate this space independently.
It then seems arbitrary to single out gambling as needing stricter age controls while leaving other equally, if not more, risky behaviours less regulated. Perhaps, they should apply the same logic across all these risky activities, and not in isolation.
So if lawmakers in Belgium believe that 21 is the right age for gambling, then shouldn’t this age limit be instituted for all these activities – the consumption of alcohol, smoking tobacco, driving, and watching adult content.
In my book, alcohol poses huge health risks including liver disease and addiction. What’s more is that driving a vehicle requires a high level of responsibility and can have dire life-threatening risks as well.
Also, while gambling can lead to addiction so too can alcohol consumption, smoking and pornography. These can all be addictive. Protecting young adults from the potential harms of any of these activities means taking the same step across the board.
What are the regulatory concerns?
While the decision to raise the gambling age in Belgium may reflect some concern from decision-makers, it highlights huge gaps in how we regulate adulthood. If the objective is to protect young people from any kind of harm, wouldn’t a more holistic approach be more appropriate – one that addresses all high-risk behaviours consistently?
This could involve a well-rounded education program on the risks of gambling, alcohol, and internet use, in addition to support systems.
Policymakers should strive for regulations that treat young adults fairly and uniformly but also recognise that maturity levels and responsibility do not change that much between the ages of 18 and 21.
By aligning the legal ages across all these activities, we can create a more realistic framework that respects their transition into adulthood while also protecting them from potential dangers.
The conversation on the gambling age should not exist in isolation but as part of a broader global discussion. To this end, best online casinos, minimum bet sportsbooks, and low-deposit casinos should also converse on the matter to ensure decision-makers are presented with a far more aligned approach.
Indonesia Blocks DuckDuckGo Over Gambling and Porn Concerns
Indonesia has pulled the plug on the privacy-focused search engine DuckDuckGo, citing its role in facilitating access to illegal gambling and pornography websites. The Ministry of Communications announced the ban, reflecting the nation’s stringent regulations. This relates to ridding the country of the best online casinos and minimum-bet sportsbooks.
With the largest Muslim population globally, Indonesia has strict online content policies, already blocking platforms like Reddit and Vimeo. The latest move targets DuckDuckGo following numerous complaints about its search results, said Usman Kansong, a ministry official told Reuters.
“Despite its privacy features, DuckDuckGo has been misused for accessing gambling and pornographic content,” Kansong said in an interview with Reuters. The ministry, however, did not clarify how DuckDuckGo’s search results differ from those of other major search engines like Google.
DuckDuckGo promotes itself as a guardian of online privacy, offering tools to protect user data. However, its recent block in Indonesia aligns with the country’s aggressive stance against online gambling. Government data shows that last year, around 3 million Indonesians participated in online gambling, spending an estimated $20 billion, which constitutes about 1.5% of the nation’s GDP.
Meanwhile, Reddit has also clamped down on search engines and AI bots accessing its data, excluding Google, which retains special access. This restriction follows Reddit’s recent rule updates aimed at prioritizing paid data access.
In a related development, DuckDuckGo introduced AI Chat features in June, allowing users to interact with popular AI chatbots without compromising personal information. Although this feature has daily limits, DuckDuckGo plans to expand it with more chatbot models soon.
Indonesia’s capital city blocks access to Free VPN in gambling crackdown
Jakarta, the capital city of Indonesia, has also announced plans to block access to free virtual private network (VPN) services. This bold strategy is part of a broader national campaign aimed at dismantling top online casinos and minimum-bet sportsbooks in the country.
Communication and Informatics Minister Budi Arie Setiadi stated that while the government had successfully shut down thousands of gambling sites, apps, and promotional content in recent months, free VPN services still enable users to bypass these efforts and access foreign-based websites.
“Free VPNs are a gateway for ordinary people to engage in online gambling,” Setiadi declared during the Digital Transformation Indonesia seminar at the Jakarta Convention Center.
“We will cut off this access to protect our digital landscape.”
Budi emphasized that online gambling poses a significant threat to productivity and the integrity of the national digital transformation.
“Online gambling is the dark underbelly of digitalization,” he remarked.
Indonesia’s war against online gambling was ramped up in the past few months when the government even sought the help of Google to crack down on the best online casinos, casinos with a minimum deposit, and minimum bet sportsbooks.
This approach follows the implementation of removing some 800,000 online gambling websites since 2023.
Setiadi also held talks with Google to discuss the usage of artificial intelligence (AI) in eradicating online gambling, even going as far as labelling it a “scam”.
For now, the AI method is still in the testing stage. He noted that the use of AI would be in line with Google’s focus, which, in the last year, developed many innovations in its services based on AI. Therefore, he believes that similar steps can be implemented by Google in Indonesia to fight online casinos.
According to Indonesian law, gambling is a criminal offence. It is illegal for locals and foreigners, punishable by a fine of up to 1 billion rupiah, or 6 years jail time. There are also no proper casinos in the country. Indonesia follows Sharia Law, which means any form of gambling is considered a sin.
Background of the gambling crackdown in Indonesia
Since 2023, the Indonesian government has been trying to rid the country of gambling websites. So far, it has taken down over 800,000 online casino sites, including low-deposit casinos.
At the end of May 2024, the president reassigned the national task force with the mandate to dismantle the online gambling ecosystem in Indonesia. It ordered banks to block over 4,000 bank accounts implicated in online gambling and embarked on tracing gambling money.
The government’s stance is aimed at curbing the high number of loans being taken out by gamblers, who are in severe debt. But whether the debts are actually linked to gambling cannot be verified or confirmed.
But what we do know is that even private banks have been approached by the government to assist in this fight against top online casinos and low-deposit casinos.
The issue of gambling in Indonesia has been in the spotlight for decades. But despite efforts to get rid of it, more gambling sites have emerged online. The government continues to battle with blocking them. This is because many of these online casinos are located offshore, operating from regions like Cambodia and the Philippines.
The government is so determined to win this war that it has even gone to the extent of pleading for help from Interpol, especially since many of these best online casinos are in different regions, where the Indonesian government has no jurisdiction.
It asked Interpol to help them shut down these gambling sites.
Indonesia is a country made up of an 87% Muslim population, and it follows strict Sharia laws. To give some context about how strict they are, we decided to look at other activities considered taboo in Indonesia.
Smoking, for instance, is prohibited in public spaces public transport, and other vicinities. Foreign travellers to the country are restricted in the number of cigarettes they can bring along. According to their law, travellers can bring a maximum of 200 cigarettes and 50 cigars- that’s it. Nothing more is allowed.
The government is so strict that it has even outlawed drinking in most public spaces. Penalties for breaking the law are extremely harsh. Travellers who overstay their welcome face penalties such as blacklisting and deportation.
So, given all of this, it’s not hard to see why the country is so adamant about gambling. It does not care if an online casino is regulated or not. It just will not allow it. It just wants to rid the nation of gambling in its entirety once and for all. And this is why, it has prioritized its war against gambling operators.
Jakarta blocks free VPN and caps phone credit in gambling crackdown
In a decisive move to curb the rampant rise of online gambling, Jakarta’s government announced plans to block access to free virtual private network (VPN) services. This bold strategy is part of a broader national campaign aimed at dismantling top online casinos and minimum-bet sportsbooks in the country.
Communication and Informatics Minister Budi Arie Setiadi stated that while the government had successfully shut down thousands of gambling sites, apps, and promotional content in recent months, free VPN services still enable users to bypass these efforts and access foreign-based websites.
“Free VPNs are a gateway for ordinary people to engage in online gambling,” Setiadi declared during the Digital Transformation Indonesia seminar at the Jakarta Convention Center.
“We will cut off this access to protect our digital landscape.”
Budi emphasized that online gambling poses a significant threat to productivity and the integrity of the national digital transformation.
“Online gambling is the dark underbelly of digitalization,” he remarked.
To tackle this pervasive issue, the government is calling on the telecommunications industry for robust support.
“Our challenge is to advance digital transformation while mitigating its adverse effects. We must address these negative impacts collaboratively,” Setiadi concluded.
Indonesia’s crackdown has been massive in recent months
Indonesia’s war against online gambling was ramped up in the past few months when the government even sought the help of Google to crack down on the best online casinos, casinos with a minimum deposit, and minimum bet sportsbooks.
This approach follows the implementation of removing some 800,000 online gambling websites since 2023.
Setiadi also held talks with Google to discuss the usage of artificial intelligence (AI) in eradicating online gambling, even going as far as labelling it a “scam”.
For now, the AI method is still in the testing stage. He noted that the use of AI would be in line with Google’s focus, which, in the last year, developed many innovations in its services based on AI. Therefore, he believes that similar steps can be implemented by Google in Indonesia to fight online casinos.
According to Indonesian law, gambling is a criminal offence. It is illegal for locals and foreigners, punishable by a fine of up to 1 billion rupiah, or 6 years jail time. There are also no proper casinos in the country. Indonesia follows Sharia Law, which means any form of gambling is considered a sin.
At the meeting with Google, the parties discussed reporting, and how to speed up processing of reports on online gambling content. With the help of AI, the process of identifying and handling online gambling content would be carried out faster and more accurately, compared to the human method.
The minister asked Google to immediately apply AI technology, and such an implementation would also take into account aspects of good governance and cybersecurity.
Background of the gambling crackdown in Indonesia
Since 2023, the Indonesian government has been trying to rid the country of gambling websites. So far, it has taken down over 800,000 online casino sites, including low-deposit casinos.
At the end of May 2024, the president reassigned the national task force with the mandate to dismantle the online gambling ecosystem in Indonesia. It ordered banks to block over 4,000 bank accounts implicated in online gambling and embarked on tracing gambling money.
Recent government data suggests that the 2023 “fund circulation” in the country stood at around 327 trillion rupiah, which is roughly $27.5 billion. Fund circulation refers to the amount of money people won, spent, and lost through gambling. The government has also taken note that there was a high number of bank loans taken out, and it strongly believes gambling debt is the reason for it.
The government’s stance is aimed at curbing the high number of loans being taken out by gamblers, who are in severe debt. But whether the debts are actually linked to gambling cannot be verified or confirmed.
But what we do know is that even private banks have been approached by the government to assist in this fight against top online casinos.
The issue of gambling in Indonesia has been in the spotlight for decades. But despite efforts to get rid of it, more gambling sites have emerged online. The government continues to battle with blocking them. This is because many of these online casinos are located offshore, operating from regions like Cambodia and the Philippines.
In a text message, Minister Setiadi told The Strait Times that they were working towards creating public campaigns to convey their message to gamblers.
“Nobody could win by betting their money against a machine that is designed to always be in profit,” Setiadi was quoted as saying in the message.
The government is so determined to win this war that it has even gone to the extent of pleading for help from Interpol, especially since many of these best online casinos are in different regions, where the Indonesian government has no jurisdiction.
It asked Interpol to help them shut down these gambling sites.
Indonesia is a country made up of an 87% Muslim population, and it follows strict Sharia laws. To give some context about how strict they are, we decided to look at other activities considered taboo in Indonesia.
Smoking, for instance, is prohibited in public spaces public transport, and other vicinities. Foreign travellers to the country are restricted in the number of cigarettes they can bring along. According to their law, travellers can bring a maximum of 200 cigarettes and 50 cigars- that’s it. Nothing more is allowed.
The government is so strict that it has even outlawed drinking in most public spaces. Penalties for breaking the law are extremely harsh. Travellers who overstay their welcome face penalties such as blacklisting and deportation.
So, given all of this, it’s not hard to see why the country is so adamant about gambling. It does not care if an online casino is regulated or not. It just will not allow it. It just wants to rid the nation of gambling in its entirety once and for all. And this is why, it has prioritized its war against gambling operators.
Indonesian govt at war with online casinos – 800,000 gambling websites taken down
The Indonesian government is on a warpath to rid the country of online casinos. This is irrespective of whether they are licensed or not. In the past year, Indonesia has taken down around 800,000 online casino sites in its no-nonsense approach. This has sparked debate about the reasons behind the move.
While outsiders view the country as the tropical travel destination of Bali and the elusive Komodo dragon, inside there is a lot happening to remove top online casinos and gambling as a pastime.
To put some perspective on this, did you know that Indonesia is home to around 2.7 million online gamblers? Recent government data suggests that the 2023 “fund circulation” in the country stood at around 327 trillion rupiah, which is roughly $27.5 billion. Fund circulation refers to the amount of money people won, spent, and lost through gambling. The government has also taken note that there was a high number of bank loans taken out, and it strongly believes gambling debt is the reason for it.
This has put the government on the edge of its seat to the point of even naming and shaming online casinos as a “scam”. As part of this war against online gambling operators, the Ministry of Communications and Informatics moved swiftly between 2023 and 2024, taking down some 800,000 online gambling sites. But despite this effort, more gambling sites have emerged online, and the government is battling to block them. This is because many of these online casinos are located offshore, operating from regions like Cambodia and the Philippines.
According to Indonesian law, gambling is a criminal offence. It is illegal for locals and foreigners,
punishable by a fine of up to 1 billion rupiah, or 6 years jail time. There are also no proper casinos in the country. Indonesia follows Sharia Law, which means any form of gambling is considered a sin.
In a text message, Communications and Informatics Minister Budi Arie Setiadi told The Strait Times that they were working towards creating public campaigns to convey their message to gamblers.
“Nobody could win by betting their money against a machine that is designed to always be in profit,” Setiadi is quoted as saying in the message.
Govt seeks help from Interpol and other ministries
So determined and motivated is the Indonesian government that it has even called on other unrelated government departments to assist in the task of combatting online casinos. This multi-agency approach is to enhance its crackdown even further.
It has even gone to the extent of pleading for help from Interpol, especially since many of these best online casinos are in different regions, where the Indonesian government has no jurisdiction. It has asked Interpol to help them shut down these gambling sites.
Another reason for the Indonesian government’s push is because it believes this will help curb the high number of loans being taken out by gamblers, who are in severe debt. But whether the debts are actually linked to gambling cannot be verified or confirmed.
But what we do know is that even private banks in Indonesia have been approached by the government to assist in their fight against top online casinos.
Banks Tracing Money Trails
Decision-makers have also gotten banks on board with this fight. It has ordered banks in the country to block at least 4,000 bank accounts, which they believe could be implicated in online gambling.
Media reports have indicated that Indonesia’s Financial Transaction Reports and Analysis Centre will continue tracing these money trails and will prioritize blocking accounts of people found gambling at online casinos.
Bank Central Asia spokeswoman Hera Haryn told the media: “We never facilitate online gambling in any form and will block any account used for online gambling.”
While so much is being done to curb gambling, the one question that remains is whether or not the taken-down sites were licensed or not.
Indonesia’s strict laws are across many activities
Indonesia is a country made up of an 87% Muslim population, and it follows strict Sharia laws.
To give some context about how strict they are, we decided to look at other activities considered taboo in Indonesia.
Smoking, for instance, is prohibited in public spaces, public transport, and other vicinities. Foreign travellers to the country are restricted in the number of cigarettes they can bring along. According to their law, travellers can bring a maximum of 200 cigarettes and 50 cigars- that’s it. Nothing more is allowed.
The government is so strict, it has even outlawed drinking in most public spaces. Penalties for breaking the law are extremely harsh. Travellers who overstay their welcome also face penalties such as blacklisting and deportation.
So, it then makes sense why the government has taken such a tough stance against top online casinos. It clearly does not matter whether an online casino is regulated or not, or whether it is licensed or not. To them, it does not matter is a casino site has responsible gambling tools or not. To the lawmakers of Indonesia, none of this matters.
It just wants to rid the nation of gambling in its entirety once and for all. And this is why, it has prioritized the taking down of gambling sites.
Dutch lawmakers consider hiking gambling tax to 37 percent
The Dutch gambling sector faces a potentially monumental upheaval. A recent report by the Netherlands-based news agency CasinoNieuws reveals the coalition government’s deliberation over a substantial gambling tax hike through the proposed “Hope, Courage and Pride” agreement. This would impact the best Dutch online casinos and minimum bet sportsbooks operating in the region.
Specifically, the plan outlines raising the current gambling 30.5% tax rate to a staggering 37.8%. If implemented from 2025 onward, this significant increase is projected to yield an additional €202 million ($219.6 million) annually for state coffers.
Importantly, this move aligns with a previous proposal from November 2022 by a seven-party coalition, aimed at raising €200-400 million through an increased gambling tax. Consequently, such a substantial tax surge could have far-reaching implications for players’ overall gambling experience. Operators may also be compelled to reevaluate and adjust offerings or pricing to accommodate the higher burden.
Driven by fiscal imperatives and gambling addiction concerns, the four-party coalition government – comprising the Party for Freedom (PVV), People’s Party for Freedom and Democracy (VVD), New Social Contract (NSC), and Farmer–Citizen Movement (BBB) – proposes “Hope, Courage and Pride” as a solution to these multifaceted issues.
A shift towards a more conservative approach
The Netherlands is witnessing a conspicuous shift towards a more conservative gambling regulation approach which would have a profound impact on low deposit casinos and minimum bet sportsbooks. This pronounced ideological pivot is manifested through the proposed substantial tax hike and accompanying stringent restrictions. Crucially, the coalition government’s markedly right-leaning composition, in stark contrast to the current administration, underpins this transition.
Notably, the PVV, led by the vocal Geert Wilders, has been a fervent proponent of stringent gambling regulations, citing moral and societal concerns as core justifications. Similarly, the VVD and NSC have traditionally adopted a cautious stance, consistently emphasizing responsible gambling measures and robust protection for vulnerable populations.
Balancing revenue generation and consumer safeguards
While the stated goals of the proposed measures are ostensibly commendable, the inescapable reality suggests that the tax hike primarily serves as an adroit mechanism to generate much-needed revenue for the Dutch government’s coffers. With an anticipated annual boost of €202 million, the increased tax could effectively alleviate fiscal pressures and fund various government initiatives.
However, vehement critics argue that potential revenue gains may come at the significant cost of compromising consumer protection and harm reduction efforts. The heightened tax burden, if implemented, could perversely incentivize gambling operators to cut costs in critical areas including responsible gambling programs, player education, and addiction support services.
Other gambling bans in the Netherlands
A highly contentious aspect of the proposed gambling measures is the potential ban on online slots. Spearheaded by the Socialist Party’s Michiel van Nispen, this effort stems from grave concerns over players’ inability to control slot game outcomes and the perceived high risk of addiction.
Proponents forcefully argue that online slots are inherently deceptive and predatory, exploiting cognitive biases and triggering compulsive behaviour in players. They cite studies indicating a correlation between online slot machine play and increased problem gambling rates.
However, opponents, including industry representatives and some addiction experts, vehemently contend that such a blanket prohibition oversimplifies a complex issue. Rather, they assert that robust responsible gambling measures – deposit limits, cool-off periods, self-exclusion tools – can effectively mitigate risks associated with online slots without resorting to an outright ban.
Reactions from the casino industry
The proposed tax hike and accompanying restrictions have raised grave concerns within the Netherlands’ legal gambling industry – which includes online casino operators. Operators fear the increased financial burden, coupled with stringent advertising curbs and a potential online slot ban, could drive players toward unregulated offshore platforms.
The Netherlands Online Gambling Association (NOGA) has been a vocal critic, arguing the measures could undermine the legal market’s viability and inadvertently fuel illegal operators’ growth.
“The proposed increase in the tax rate by no less than 7.3% endangers the viability of the legal Dutch gambling market,” said Peter-Paul de Goeij, NOGA’s director.
“The intention of the forming parties will lead to an even further decline in the legal gambling supply. This is extremely risky, knowing that illegal parties do not pay taxes and are not bound to the duty of care as prescribed in Dutch legislation and regulations, are already ostentatiously luring for the business of Dutch consumers.”
NOGA’s apprehensions are echoed by other stakeholders, who fear a weakened legal market could erode consumer protections, tax revenue, and gambling sector employment. They contend a robust, well-regulated legal market is crucial to safeguarding players and ensuring industry integrity.
The delicate equilibrium
The Dutch government faces a delicate equilibrium as it contemplates proposed changes to the gambling sector. Addressing legitimate gambling addiction concerns constitutes a paramount priority. Yet sustaining a competitive, robustly regulated gambling market – one capable of effectively competing with illicit operators – is equally crucial.
Achieving this intricate balance poses a formidable challenge. Proponents forcefully argue the potential revenue gains and enhanced consumer safeguards outweigh industry apprehensions. They firmly believe a robustly implemented regulatory framework, coupled with stringent enforcement protocols, can effectively mitigate risks of players being channelled towards illegal platforms.
On the other hand, opponents vehemently warn excessive taxation and overly restrictive regulations could inadvertently push vulnerable players into the clutches of unscrupulous operators – some operating under the falsehoods of being top online casinos. This, they contend, would severely undermine governmental ability to effectively monitor and regulate the gambling landscape. Their arguments centre on industry viability and responsible gambling initiatives.
As this intense debate rages on, it becomes increasingly evident a one-size-fits-all approach lacks efficacy in tackling the multifaceted issues. Instead, a nuanced, evidence-driven strategy carefully considering unique cultural, social, and economic factors within the Netherlands is necessitated.
One potential solution involves a tiered taxation system where diverse gambling verticals face varying tax rates based on perceived risk factors. This strategic approach could incentivize operators to pivot towards lower-risk offerings while maintaining overall legal market viability.
Alternatively, rather than outright prohibitions, the government could explore implementing stricter responsible gambling protocols and enhanced player safeguards for high-risk products like online slots. Measures could include mandatory cooling-off periods, stringent age verification processes, and improved self-exclusion tools.
Crucially accompanying any regulatory overhaul, a robust public awareness campaign and increased funding for addiction treatment and support services prove essential. Proactively addressing the root causes of problem gambling and providing accessible resources demonstrates the government’s genuine commitment to harm reduction while sustaining a thriving, responsible industry.
Shaping the future landscape
The proposed measures represent a pivotal juncture for the Dutch gambling space. As the coalition government meticulously navigates competing interests, decisions cast far-reaching implications for operators, players, and society.
One reality is abundantly clear: the status quo is untenable. The Netherlands stands at a crossroads with any choices made today shaping the industry’s trajectory for years ahead. On one hand, a well-calibrated approach can help foster a thriving yet responsible market. On the other, missteps will undermine industry, and public health goals.
As such, this crucial debate demands active engagement – lawmakers, industry, addiction experts, and consumer advocates. All must remain committed to forging a balanced solution. Only through inclusive dialogue can optimal policies be crafted.
Through open discourse, evidence-based decision-making, and a genuine willingness to compromise from all parties, the Netherlands can successfully cultivate a gambling environment prioritizing consumer protection while sustaining a thriving, ethical industry aligned with societal values and priorities.
By Shadrack Kairu
Most EU countries have implemented multi-licensing for online gambling
By Shadrack Kairu
Europe’s internet gambling industry has changed significantly over the past decade and a bit. What was once considered a regulatory wild west – ridden with outdated frameworks and monopoly systems – is now a liberated multi-licensing approach. This has shifted things a bit, giving rise to open competition and progressive consumer protections.
This pivotal shift has been brought to light by new research from the European Gaming and Betting Association (EGBA), which found that an impressive 27 out of 31 European countries surveyed have adopted some form of multi-licensing system for online casinos. It’s a stark contrast from the landscape of 15 years ago and underscores the momentum towards harmonizing regulations to meet both public policy objectives and consumer demands.
“The momentum towards full multi-licensing for online gambling in Europe is undeniable. While a few exceptions still exist, governments are concluding that public policy objectives, particularly related to consumer protection and tax generation, are more effectively met through well-regulated online competition.”
Maarten Haijer, Secretary General of the EGBA
What does the multi-licensing approach mean for casino operators in the EU?
So, what exactly does this multi-licensing approach mean for the various stakeholders including casino operators? For starters, it unlocks a classic catalyst for innovation – competition. By allowing multiple operators into a regulated market, they must compete for consumers by differentiating their offerings, whether through innovative product experiences, enticing promotions, or exemplary customer service.
As Haijer notes, this competition also helps drive one of the core goals for regulators – protecting consumers. “With over 15 years of regulatory experience in Europe, it’s clear that full multi-licensing offers the best pathway to enhance consumer protection, increase tax revenues and ensure stronger regulatory control,” he said. Strict licensing requirements that operators must meet help weed out bad actors, ensuring only legitimate operators who will play by the rules can enter the market.
On top of that, competition keeps operators in check by giving consumers choice. If one operator falls short on consumer protection, games security/fairness, responsible gambling resources, or any other areas governed by regulation, consumers can easily take their business to another licensed site within that market. Essentially, this helps to create natural incentives for operators to uphold high standards.
For consumers, the multi-licensing model delivers tangible benefits beyond just more choices of where to play. Thanks to licenses essentially serving as robust feathers of approval from regulators, they can enter these regulated sites with confidence that they are safe and legal and that their consumer interests are being prioritized. No longer do they have to risk their money and personal data at rogue offshore sites.
At the same time, multi-licensing helps regulators achieve another key objective – increasing tax revenues from online gambling. By licensing multiple operators, they unlock numerous new streams of tax income that can be reinvested in areas like education, infrastructure, and social programs. It’s a classic vindication of regulating and legitimizing an activity rather than trying to prohibit it.
How regulation around online gambling has transformed over the last decade
To fully appreciate the landscape shift that the EGBA’s research illuminates, it’s important to rewind back to over a decade ago. At that time, the European online gambling sphere was more akin to the modern crypto wild west.
Many countries had simply failed to take any concrete action to regulate online gambling, which was rapidly growing in popularity thanks to the broader proliferation of the consumer internet and mobile devices. This inaction opened the door for unlicensed offshore operators to target citizens essentially unchecked.
Others tried to take a hardline prohibitionist stance, banning online gambling entirely through draconian laws. But as is so often the case with prohibitions of popular vices, this led to the creation of a vast black market that took the activity completely out of the sidelines. Licensed and responsible operators were barred, leaving the field wide open for unscrupulous actors operating illegally.
Then there were the government-sanctioned monopolies, where only a single state-owned operator was allowed to offer online gambling. While preferable to prohibition, these monopolies eliminated any competition or motivation for innovation and fair consumer practices.
Across all of these policy shortcomings was a common thread – a failure to adequately protect consumers. With online gambling growing at a rapid clip thanks to technological trends, letting it persist as an unregulated vacuum was leading to myriad consumer risks. Shady operators could defraud players. Consumer funds could be misused or outright stolen. The integrity of games could be compromised with no oversight. There were virtually no responsible gambling safeguards in place.
For forward-thinking European policymakers, it became clear that a more progressive regulatory approach was required. One that would channel this booming consumer activity into a safe, legal, and consistently regulated environment. The multi-licensing model quickly emerged as the solution that could strike that ideal balance between an open market and robust consumer protections.
The multi-licensing movement takes hold
As the early 2010s progressed, more and more European countries started overhauling their online gambling laws in favour of this multi-licensing framework that had already proven successful in pockets like Gibraltar. By 2013, major markets like the UK, Denmark, Spain, and Italy had fully embraced the approach, issuing licenses to reputable private operators and implementing clearly defined regulatory guidelines they would need to follow.
Some countries adopted the model across all online gambling verticals like casinos, poker, sports betting etc. Others deployed a more piecemeal approach, first implementing multi-licensing for certain verticals while maintaining restrictions on others based on cultural factors. Jurisdictions like France, for example, still prohibit most forms of online casino gaming.
While there are still some holdout monopolies and prohibitions that remain, the EGBA’s latest research confirms just how widespread this multi-licensing movement has become over the past 15 years across the European continent.
Out of the 31 countries analyzed, a full 23 now have adopted a multi-licensing system across the board for all forms of regulated online gambling. Four others have moved to mixed models, where multi-licensing frameworks are in place for certain verticals like sports betting, while other areas remain under monopolistic control or outright bans. Just four jurisdictions have failed to make any move towards multi-licensing, including Norway, Iceland, and Luxembourg.
Perhaps most notably, the research highlights the imminent end of the last pure online gambling monopoly within the European Union. The Finnish government is currently undergoing the process of shifting the country to a full multi-licensing regime by 2026. It’s a remarkable shift considering the state-owned Veikkaus had a complete monopoly for decades.
Background of EGBA
Formed in 2007, the European Gaming and Betting Association (EGBA) is an influential Brussels-based trade association. It represents leading online gambling operators across Europe. This body champions a well-regulated, secure online gambling market with an aim to safeguard consumer protection and industry integrity.
A core objective for EGBA is fostering harmonized regulatory frameworks within the European Union. Recognizing disparate national legislations, it actively engages EU institutions and member states. The goal? To ensure consistent, coherent regulation by upholding consumer rights and ensuring fair competition.
Moreover, EGBA significantly shapes policy discourse and decision-making processes. Robustly emphasized are consumer protection measures, responsible gambling initiatives, and stringent safeguards implementation. Through collaborative efforts, it maintains integrity and responsible gaming standards.
Notably, EGBA disseminates industry knowledge, and expertise through research, publications, and events. This facilitates a deeper understanding of the landscape.
Roadblocks and opportunities ahead
As successful as the multi-licensing movement has been, the EGBA’s report serves as a reminder that the work is far from complete. There remain a handful of nations, particularly in the Nordic regions, that have yet to fully embrace the regulatory path forward.
Norway and Iceland, for example, still maintain online gambling monopolies controlled by their respective governments. Putting aside debates around whether that is an optimal model for best-serving consumers, such monopolistic systems have the inherent challenge of creating compelling online gambling experiences that can compete with offshore unlicensed operators.
As the EGBA notes, “Discussions regarding the future of the online monopoly in Norway and Iceland are inevitable.” Regulators in those jurisdictions are likely feeling immense pressure across Europe to transition away from models that restrict consumer choice and product innovation, while also failing to generate significant tax revenues that could be driven through a licensed multi-operator market.
Then there are countries like Luxembourg which lack any substantial dedicated regulations for online gambling. In today’s internet era, that means citizens are essentially left unprotected and forced to seek unlicensed offshore sites. Given the nationwide impacts of problem gambling and the lost tax revenue opportunities, maintaining the status quo of non-regulation is increasingly untenable.
For those final few monopolies and unregulated markets, the EGBA is clear in stating “the time has come for the last remaining European countries to embrace this optimal form of online regulation.”
Looking ahead, the multi-licensing movement’s momentum shows no signs of slowing. As more and more jurisdictions complete their transitions and reap the benefits of well-regulated competition, increased tax revenues, robust consumer protections, and the channelization of players away from black markets, the pressure will only intensify on the remaining holdouts.