This is crazy. Online gambling, online casinos are being created by the hundreds these days.
Good ones. Cools ones.
In Europe, many countries are making their own laws regarding online gambling, ignoring European Union trade agreements in the process.
Belgium (see their FLAG above) is the country now where legislators have enacted laws in an effort to regulate online gambling in the country.
I’m all for regulation.
Just let me play.
Belgium lawmakers felt that the current Internet gamblingsystem was being corrupted by organized crime. They believe that regulations would keep the crime out of the industry, but what they have come up with is in direct violation of EU agreements.
We’re talking mostly about online poker.
Some of the top online poker players in the world live in Belgium.
With the new laws in place, major poker sites such as PartyPoker, Full Tilt, and PokerStars, would not be permitted to accept players from Belgium.
That means that the top players could only play while putting themselves at risk of arrest.
How crazy is that?
The US, the biggest online gambling market in the world, has been in violation of EU agreements since they enacted the Unlawful Internet Gambling Enforcement Act in 2006. U.S. lawmakers, however, are trying to overturn the UIGEA and set up a regulated Internet gambling industry in the country.
I’ll keep you posted on their progress.