European countries in 2015: A Fragmented Regulatory Landscape for on line Gaming

European countries in 2015: A Fragmented Regulatory Landscape for on line Gaming

European countries had been a confusing destination to do gambling business in 2015. Video Gaming regulations within the EU lacked harmony, regardless of the best efforts of the European Commission.

Europe faced a boatload of regulatory issues this year. No question, 2015 was a challenging year for online gaming operators within the EU, as tighter laws from numerous countries created a more and more fragmented regulatory landscape.

From taxation amounts to player pools, Europe remains an unharmonious gaming space that is online.

Meanwhile, the new EU tax on digital services, as well as the UK point of consumption tax, squeezed operators’ margins and ushered in a period of consolidation for the gambling industry.

Several countries opted for to regulate online gambling and open their markets up to foreign operators, increasing the tax headache for businesses who wanted to build relationships these new licensed markets.

Hoping to raise some tax that is much-needed, Portugal’s cash-strapped government signed its brand new online gambling bill into law in June, nevertheless the new regime’s taxation needs were criticized by the industry for being overly complex and punitive. That’s because casino and poker revenue is currently taxed between 15 percent and 30 percent depending on an operator’s yearly income.

Portugal’s decision allowing the state that is former to pay up to 50 percent less incom More →