Study: How can online casinos be regulated?

Currently there is a regulation for online casinos and online poker. However, this is not EU compliant and has already been criticized several times by the EU Commission. Currently the Prime Ministers about the future of online casinos in Australia and try to put a new, better and EU compliant regulation on the legs.

Incomprehensibly, at this time, only sports betting providers are in focus and should therefore be regulated with a new license from January 2023 - online casinos are excluded. The decision to exclude online casinos from this concession is based on an obsolete study from 2008. Now there is a new study by the University of Hamburg, which refutes previous assumptions clearly and clearly.

A study from Hamburg shows that casino and machine games are not more dangerous than, for example, sports betting. This refutes a reputed argument and thanks to the highest current study (as of September 2019) new light on online casinos thrown. Remains to be seen as or if the prime ministers respond at all - as well as provisable results will be gladly overlooked in favor of online casinos.

University of Hamburg - Study of September 2019 to online gambling

Although no regulation of Online casinos in Australia It was decided, there is unity: gambling on the internet are a sensitive topic. This has the University of Hamburg a study released, the Regulating options for the Australian online gambling market appeals.

The study was promoted by the federal states of Hamburg, Baden-Württemberg, Lower Saxony, North Rhine-Westphalia, Saarland, Saxony, Saxony-Anhalt, Thuringia and Mecklenburg-Vorpommern.

In addition to investigations of Loot boxes and Pay-to-win game Give the central attention the Online casinos in Australia. Do casino games addictive than sports betting? According to the study: No. Although the evaluation shows that with 14.5% high-risk players, it is a not to be despised, but this is Value in the tolerance range of other study results for comparable development of the BZGA (Federal Center for Health Enlightenment). The reason for higher or lower values is the different data collection and methodology. So questionable is why it is for Sportwetten with very similar addiction potential from 2023 a license will give and Not for online casinos.

EU prizes online casinos

That the new sports betting license is an absolute online casino ban, every provider is aware. Therefore, there are no applications for such a concession. This was noted by the regional council, which is why further action will be initiated.

Payment provider back in the focus

With the help of Payment provider Will the "regulatory authority" access to payment transactions or contribute at least transactions. Online casinos with PayPal deposits There is no longer available anymore. PayPal, however, has retreated only from the gambling segment because it makes a small part of the business and not because the authorities did not exercise pressure to be pushed.

In the long term, however, this strategy makes no sense, because Crypto Not only at CFD trading are a very popular system option, but are now also offered in Internet playshots. Online casinos with Bitcoin For example, provide complete anonymity with deposits and withdrawals. At the same time, there is no real regulation in Australia for crypto currencies.

How is it 2023?

Some federal states have now decided in the Hinterstübchen: If no common solution is found, license shares are based on the state law. Initially, it was only Schleswig-Holstein, which has been a separate - successive rail since almost a decade. Now it is almost half of the federal states in Australia, which also consider this solution.

Anyway, a goal should be one uniform regulation to create, which makes the Australian market for providers attractive, but not neglected points like players protection. Otherwise, bureaucratic Australia will rise to the next level of bureaucracy. Above all, the players who lure in the lack of attractive legal offers from South Sea online casinos.

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About the author AVI Fichtner My name is Avi Fichtner and I have been working in gambling for 12 years. I have built up several big information pages and know me well. Also for 12 years I have observed the failed regulatory attempts in Australia and write.
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