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Legalities of Online Betting in Europe

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The Legalities of Online Betting in Europe

press release

The Legalities of Online Betting in Europe
When it comes to economic endeavors, the European Union is often considered a single entity. However, when it comes to betting on sports, the laws vary from country to country. A large number of bookmakers service sports wagering fans in multiple countries across Europe. But EU members remain separate and can create their own legal framework for online bookmakers that are looked after by the European Gaming and Betting Association (EGBA).

For example, in Germany and Spain, Euro gambling sites are subject to regulation at the state and local level. In the Netherlands, sites are regulated by the Dutch Gaming Authority. Betting sites based in certain British territories are licensed by the Gibraltar Betting and Gaming Association.

To address the need for reform of Europe’s patchwork of regulatory bodies and rules, the European Commission recently proposed harmonizing regulation for online gambling and encouraging cooperation between member states.

It’s important to note that sportsbooks are not required to be licensed but there are many Euro gambling sites.