Dec 18, 2024While most EU member states have embraced modern licensing frameworks for online casino gaming, Austria remains one of just two countries clinging to an outdated monopoly system. This places Austrian players at risk and leaves hundreds of millions in tax revenue uncollected. Brussels, 18 December 2024 - The European Gaming and Betting ...
Dec 20, 2024The EGBA is urging Austria to replace its outdated gambling monopoly with a multi-licensing system, promising improved consumer protections.
The Austrian Association for Betting and Gambling (OVWG) has called for an end to CasinosAustria'smonopoly in the context of a looming scandal following investigation into corruption between politicians and the country's monopoly operator.. OVWG, which represents the domestic interests of online gambling and betting providers licensed in the EU, has spoken out in relation to an alleged ...
Dec 19, 2024Alongside Poland, Austria is one of just two European Union member states that does not permit multi-licensing for online casino gaming. EGBA said this approach is "outdated" and "actively undermines" consumer protection, regulatory oversight and tax generation.. Setting out its concerns in more detail, EGBA raises the issue of a "thriving" black market in Austria.
Dec 19, 2024The European Betting and Gaming Association (EGBA) has called for Austria to change its "outdated" online casino gaming system in place.. According to the industry body, Austria's decision to cling to a monopolistic online casino gaming model is not only putting players at risk but is also the main cause for "hundreds of millions" in losses from tax revenue.
Mar 5, 2023CasinosAustria, the state-backed gambling company, has held a monopoly on casino operations since 2016 and Austria's three highest courts have since ruled that other betting companies are ...
Dec 19, 2024The industry lobby group argues that the monopoly for online gambling has led to a thriving black market. Belgium.- The industry lobby group the European Betting and Gaming Association (EGBA) has repeated its call for Austria to open its online gambling market to regulated competition. In a letter to Chancellor Karl Nehammer and National Council chairman Andreas Babler and chairwoman Beate ...
CasinosAustria has had a monopoly on casino operations in Austria since 2016, when three other operators had their licences revoked. In its statement, OVWG highlighted Denmark as the blueprint for a successful regulatory regime, offering player protection for customers, legal security for companies and comprehensive control, and guaranteed tax ...
Dec 19, 2024The European Gaming and Betting Association (EGBA) has implored Austria to move away from its "outdated" online casinomonopoly model. The pan-European trade body said the current model was way below standards in other European countries and that the monopoly "actively undermines consumer protection, regulatory oversight and tax generation".
Dec 20, 2024The European Gaming and Betting Association (EGBA) has called for Austria to scrap its current gambling monopoly framework and introduce a multi-licensing system.. In a statement on its website, the EGBA has asked for the country's government officials to utilise the ongoing negotiations to reform the current gambling system.. The association said: "The country's outdated gambling ...
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