In this video we will talk about how cool it is to be a gambler if you live in Denmark and how it’s not cool if not. To be more precise, we will deal with how EGBA is trying to point out serious problems in the consumer protection system in European Union based on the recommendations of the European Commission and how nobody gives a shit about it. Except the Denmark. Everything is great in Denmark.
00:43 – So, let’s start from the very beginning. What is EGBA? Here are some info from it’s official site:
00:50 – The European Gaming and Betting Association (EGBA) is the Brussels-based industry body representing the leading online gaming and betting operators established, licensed and regulated within the EU. EGBA works together with national authorities, EU authorities and other stakeholders towards a well regulated and attractive offer for EU citizens. EGBA promotes the creation of a safe and reliable European digital environment for online gambling players. A well-functioning digital environment requires regulation that provides a high level of consumer protection and takes into account the reality of the digital economy and consumer demand.
01:33 – Bla-bla-bla…So, EGBA is an online gambling trade body that’s taking care of us, players, betters, gamblers, and we should listen carefully to its advices and cautions.
03:30 – So, the EGBA pointed out all this hell and chaos regarding the non-implementation of recommendations with the help of a study that was authored by Dr Margaret Carran of City University London and reveals an un-harmonised and unequal marketplace with regards to online consumer protections which should be in place to safeguard player transactions and engagements.
03:51 0 – Publishing its latest report, the EGBA states that the European Commission’s lead 2014 objective of ‘protecting all online gamblers in Europe’ has not been achieved as a mandate, due to substantial divergence in member state marketplace requirements with regards to underlying consumer protections.
04:12 – In short, the attitude of countries to these important for us Recommendations of the European Commission raises many more questions than they have answers. That is why the work of institutions such as EGBA is very important.
04:45 – Maarten Haijer, Secretary General of the EGBA, explained: “Because online gambling in Europe is regulated at national level, the level of consumer protection provided to players varies depending on where they reside in the EU – and this is entirely inadequate for what is an inherently borderless digital sector.”
05:32 – In its report summary, the EGBA further outlines that the European Commission has failed to deliver an appropriate review of online gambling safeguards within member states that was meant to be processed by January 2017.