EGBA report reveals dominance of multi-licensing approach

[The Buzz]

A recent analysis conducted by the European Gaming and Betting Association (EGBA) highlights the progress of the European market in cultivating a competitive online gambling environment.

Comparing the present to 15 years ago, when only seven countries, including the UK, embraced a multi-licensing approach for online gambling, the EGBA report unveils a significant transformation in the current landscape.

Key findings from the report:

• 27 out of 31 European countries have adopted some form of multi-licensing, indicating a robust trend towards open, competitive markets.
• Four countries currently do not have any form of multi-licensing: Finland, Iceland, and Norway maintain exclusive rights models, granting state-owned entities a monopoly over all online gambling services, while Luxembourg lacks dedicated regulations for online gambling.
• Of the 27 countries with multi-licensing, 23 countries have a full multi-licensing model for all regulated online gambling products in those countries.
• Four countries have a mixed model with partial multi-licensing: Slovenia and Switzerland each have a monopoly for online sports betting, while Austria and Poland each have a monopoly for online casino gaming and poker, with multi-licensing for all other online gambling products.
• Cyprus (casino gaming and poker) and France (casino gaming) each impose product-specific prohibitions but both have multi-licensing for all other regulated online gambling products.
• Finland is currently undergoing legislative reforms, and is expected to establish a multi-licensing framework for online gambling in 2026.

Here's a link to the report: https://www.egba.eu/uploads/2021/05/...g-Map-2024.pdf

Read more in the press release: https://www.egba.eu/news-post/europe...-new-analysis/