The European Gaming and Betting Association (EGBA) has a self
appointed task of promoting fair competition and consumer choice for European
based online gaming operators. It has been at the forefront of dealing with the
issues raised as a consequence of the unilateral US ban on online gaming for
instance. The EGBA believes that the online gaming market in Europe should be
allowed to develop in accordance with free market principles and responsible
self-regulation so customers receive the very best gaming environment in which
to play while the entire industry including players are not over-burdened with
artificial regulation which stunts or damages the development of what has become
a world leading market for online gamers worldwide.
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The EGBA was established by seven major European operators in the online
market - PartyGaming, Unibet, bet-at-home, Expekt, Interwetten, digibet and bwin
Group - and the EGBA operates as a non-profit foundation. The EGBA is directly
opposed to legislation to make the online gaming industry regulated by
government and firmly believes that self-regulation which is rigorously enforced
by the gaming industry itself is the best way forward for all involved.
The EGBA recognises that enforcement of existing regulatory regimes in the
host countries of their operations must be strictly enforced across the industry
but that the common binding principle of the European Union in developing a
free, unified market across the EU must also be acknowledged. It is not the
right of individual EU member countries to restrict or legislate against the
development of online gaming and the EGBA seeks to ensure that he legal rights
of operators and consumers are protected in this regard.
The EGA has developed a series of initiatives and programs to research,
promulgate and develop socially responsible business practices and programs for
ensuring that society is protected from the adverse consequences of online
gaming, in particular children and the vulnerable. The emphasis is firmly upon
customer choice and freedom which are very powerful arguments in a legislative
environment that appears to be intent on imposing regulation no matter what the
market wants nor the research into the consequences of over burgeoning
regulation that does not come without a price for all involved, including
customers.
The EGBA brings a unique insight into the world of cross border operations
from the perspective of key industry operators and this is highly valued by
existing regulators coming to terms with the reality of the online gaming
community. Cross-border regulation is a thorny issue with an operator's online
gaming assets located in say, Tahiti, a head office in Brussels and players in
Japan - in the event of a dispute who will handle the matter? The EGBA brings
practical and technical expertise to the table as well as assists in educating
law makers in the practical aspects of online gaming operations. The industry
has grown very rapidly and is a highly fluid market which is evolving almost
daily with high levels of competition (in fact hyper competition) and this
presents significant challenges to regulators, operators and society as a whole.