Dimensions of the legal gaming services industries in the European Union

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Based on EU best estimates of the size of the commercial gaming industries among the 25 Member States of the European Union, the combined sectors of lottery, casinos, gaming machines, betting services, and bingo generated Gross Gaming Revenues (gross winnings … Read More

Economy of the European Union

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Currency 1 Euro (€) = 100 cents Other currencies in member states: Bulgarian lev, Czech koruna, Danish krone, Hungarian forint, Latvian lats, Lithuanian litas, Polish złoty, Romanian leu, Swedish krona, British Pound sterling Statistics GDP ranking 1st (2011) GDP (Nominal) … Read More

Perspectives of online gambling in European Union

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Today on-line gambling services are widely offered and used in the EU and the economic significance of the sector is growing. The on-line offer is the fastest growing segment of the gambling market, accounting for 7.5% of the annual revenues … Read More

Problem gambling and gambling addiction in European Union

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PROBLEM DETECTION The notion of the problem needs to be defined and for this a better understanding of ‘problem gambler’ is needed as a term used in referring to problem-related gambling behaviour. Another term used is ‘pathological gambling’ and this … Read More

Online gambling and sport integrity in European Union

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The risk of match fixing is perceived to have increased however: • the scale and nature of the problem is not well-defined although there is a general recognition of the impact on the reputation of the sport and Member States … Read More

Social benefits of online gambling in European Union

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Contribution to benevolent causes Contributions benefitting society at large vary, largely due to differing national regulations. Operators do contribute (outside the taxes and/or levies due in respective Member States) and see the value of having systems in place which ensure … Read More

Gambling as a service in European Union in the light of EC Treaty

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1. Article 49 EC Treaty – Freedom to provide and receive services Art. 49 EC Treaty reads as follows: Within the framework of the provisions set out below, restrictions on freedom to provide services within the Community shall be prohibited … Read More

Winning in a game of chance in European Union

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Even if not all Member States have a legal definition of the concepts of “Games of Chance” and “Gambling”, in most European countries (Austria, Belgium, Czech Republic, Estonia, Finland (under the generic term of lottery), Germany (although controversial), Greece, Hungary, … Read More

Top online gambling Member States in the European Union

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In 2008, the annual revenues generated by the gambling service sector, measured on the basis of Gross Gaming Revenues (GGR) (i.e. stakes less prizes but including bonuses), were estimated to be around 75,9 bn € (EU 27 (H2 Gambling Capital … Read More

Agreement reached between EC President and 3 opposition leaders in Ukraine

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STATEMENT, by EU High Representative Catherine Ashton on agreement reached between President and 3 opposition leaders in Ukraine Brussels, 21 February 2014 The High Representative of the European Union for Foreign Affairs and Security Policy and Vice President of the … Read More

European Council

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Formation: 1961 (informally), 2009 (formally) Type: EU collective presidency Location: Justus Lipsius building, Brussels President: Herman Van Rompuy The European Council is the Summit of the Heads of State or Heads of Government of the Member States of the European … Read More

Money in European Union

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The euro is used in 17 EU countries. It is the legal tender of around 331 million people in 17 EU countries: Austria, Belgium, Cyprus, Estonia, Finland, France, Germany, Greece, Ireland, Italy, Luxembourg, Malta, the Netherlands, Portugal, Slovakia, Slovenia and … Read More

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