The EU, AKA the European Union, is having something of a licensing and regulatory frenzy of late.
The European gambling industry happens to be busy with a flurry of announcements regarding licenses, profits and new legislation, many making headlines across the continent. From the UK to Romania, changes have been in shop for players and operators alike throughout the EU landscape.
The most important recent changes for the online gambling industry worldwide has been the utilization of the UK Gambling (Licensing and Advertising) Act, which has established a licensing requirement for those who want to run in the uk and certainly will add a 15 percent point of consumption tax beginning in December.
Over the couple that is last of, many of the sites that have already received their UK licenses have started to advertise that reality in their poker spaces and gambling enterprises. Companies ranging from 888poker to partypoker, William Hill and Bet365 have all started displaying the logo of the united kingdom Gambling Commission. PokerStars was also expected to launch a new site just for UK players today, having confirmed they received a permit last week.
For the minute, gambling sites that are most will run in britain under a continuation permit. These licenses are designed