One of the top priorities of luckgoldfish.com is to bring you all the latest progress with online gambling legislation from all corners of the globe. Online gambling is a market that’s constantly changing and evolving —and the laws are evolving along with it, so it’s important to understand what’s going on in your country as well as others. Below is a quick list of some of the latest developments in legislation.
Australia recently passed the Interactive Gambling Amendment 2016, which greatly restricts online gaming. The amendment still allows sports betting, but all other internet gambling activities are banned unless specifically authorized.
The legislation in Spain is taking a much more open approach to online gambling. Spain consists of 17 autonomous regions that are allowed to make the majority of decisions regarding gambling within their region. In 2011, the Spanish Gaming Act was passed as a way to coordinate the regulation between all 17 regions. These regions still maintain a large portion of their autonomy, but now operators must obtain a federal license.
Italy is opening another window for licensing at the beginning of 2017. Italy was the first country in the EU to regulate online gambling beginning in 2006. Currently, all forms of online gambling are legal, but in order to operate, companies must obtain a license. However, you can only apply for a license during a licensing round. So far, only two have occurred —one in 2006 and on in 2011. A third is expected to happen during this year.
The legislation surrounding U.S. online gambling is a bit more muddled and difficult to follow. The most recent legislation is the Unlawful Internet Gambling Enforcement Act of 2006. The UIGEA prohibits businesses from “restricted transactions.” Restricted transactions are defined as knowingly accepting payments from another person or entity in a bet or wager over the internet. The passage of this act has caused many online casino companies to stop taking on American customers. In 2011, the founders of PokerStars, FullTilt Poker, and Absolute Poker were charged with violating the condition of UIGEA. While stipulations of the act prohibit a large portion of online gambling, some states are taking matters into their own hands. States such as New York, Pennsylvania, New Hampshire, Nevada, and Michigan have all been pushing bills and legislation to legalize online gambling within their own states.
Keep checking this page to make sure you’re caught up on all the current events surrounding laws and regulations with online gambling around the world.