The Huddle with Martin H., Secretary General of EGBA

Jul 14, 2024

Lecture Notes: The Huddle with Martin H., Secretary General of EGBA

Introduction

  • Host introduces Martin H., Secretary General of EGBA
  • Discussion focuses on regulatory developments across Europe, safer gambling, and AML (Anti-Money Laundering) guidelines

Regulatory Developments in Europe

  • Increased regulatory activities and stricter regulations
  • Emphasis on safer gambling initiatives
    • Development of standardized markers of harm for Europe
    • Proposed guidelines for AML compliance tailored for gambling industry

Challenges of Covering Multiple Markets

  • Complexity due to different regulations in various markets
  • EGBA's role: Offering an overview and using data from various markets to engage with regulators
  • Breakdown of EGBA's focus areas:
    1. Regulatory issues and European legislation (e.g., AML rules, internet governance)
    2. Safer gambling and public affairs

Country-Specific Insights

Positive Developments

  • Denmark: Stable regulation and a focus on safer gambling
  • Spain: Political discussions ongoing, market remains accessible

Challenges

  • Germany: Disappointing due to lack of clear vision and stagnation in regulation
  • France: Possibility of regulating online casino market before upcoming elections
    • Notable report from French regulator indicating a large existing market for online casino
  • Italy: Advertising ban seen as counterproductive and potential high licensing fees

Future Outlook for EGBA (2024)

  • Continued focus on regulatory developments
  • Raising standards in safer gambling
  • Influence of upcoming European Parliament elections
    • Focus on digital and vulnerable consumers, though not gambling-specific
  • Anticipated initiatives from EGBA

Positive Expectations

  • France: Potential regulation of online casino viewed positively
  • Finland: Discussions on ending the online gambling monopoly

Conclusion

  • Host appreciates Martin's insights
  • Hope for positive developments in the gambling industry's regulation and reputation