New Rules Of Gembling Of Lower Austria Violate The Eu Laws – The Trading Group

One of the leading european trade groups in the the online gambling industry called on the european commission to reject the laws of gambling laws proposed by the largest land of austria. According to representatives of the group, the rules of trade.

The european association of sports security (ibia), earlier essa, clarifies that the law on bets in lower austria 2019/394 will lead to an increase in the number of unlicensed offshore operators.

Ibia representing the largest european gembling companies, including gvc holdings, flutter entertainment and kindred group, questioned a number of points. Namely a restriction on issuing licenses for online rates for a maximum of two years, setting a limit to the maximum rate up to 350 euros and a ban on playing «liv», indition to products with partial or final results.

According to the statements of ibia representatives, the authorities of lower austria did not provide evidence capable of justifying measures that will subsequently have a detrimental effect on the market.

«In this regard, ibia requests the feasibility and compatibility of innovations and related trade restrictions imposed on licensed rates and austrian consumer operators in accordance with eu legislation».

Ibia said that a two-year license would not be beneficial to operators and «clearly unattractive for long-term investment in business».

The draft law aimed at making changes to the gambling system in the region was submitted to the european commission last month.