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- Regulation Changes in the Gambling Industry in 2020
Regulation Changes in the Gambling Industry in 2020
Markets across the globe are set to experience changes in regulation in 2020. A number of markets are taking a long-awaited and much-anticipated step towards regulation, while in other jurisdictions authorities are enacting measures designed to curb problem gambling.
The UK tightens license conditions
The UK will see some new changes to its gambling laws in 2020. There will be new standards for alternative dispute resolution and more stringent requirements for how licensees identify at-risk gamblers. Starting in April 2020, the UK will also introduce new laws banning the use of credit cards for gambling. Licensees will also have new standards for contributing to problem gambling research. Some of these changes have already gone into effect.
Do not miss: Gambling Market in the UK
Germany begins offering sports betting licenses
2020 is a big year for new gambling laws in Germany. After an extended delay, Germany began offering online and land-based sports betting licenses on January 1, 2020. Only one German state, Schleswig-Holstein, offers licenses for online casinos.
The Netherlands puts a hold on regulation
While the Dutch market was expected to be regulated by January 2020, the change in regulations has been postponed until January 2021. Operators who take the extra year to make preparations could well have their time and investment rewarded.
Denmark sets deposit limits
Starting on January 1, 2020, Danish players are required to set deposit limits for themselves before they can gamble. Players must also be able to self-exclude directly on the site, instead of having to contact a customer service representative.
Spain takes aim at problem gambling
The Spanish government is planning to introduce new gambling laws in 2020. The six restrictions being introduced are aimed at reducing and preventing problem gambling. Advertising restrictions similar to those that govern advertising for the tobacco industry will come into effect, and the coalition government also plans to prohibit gambling establishments from opening before 10:00 PM.
The government also plans to ask establishments to have warnings about the dangers of problem gambling. Operators are planning on working with the government to create a safe gambling environment.
Greece raises license fees
The Greek Ministry of Finance is planning to introduce new reforms into the gambling industry. Online sports betting licenses will cost €3 million and licenses for other online games will cost €2 million. Licenses will be valid for 7 years. RNG-based games will have a maximum stake of €2 and have possible winnings per session capped at €5000. Advertising for RNG-based games will only be allowed on sites where the games are played.
Ukraine set to finally re-regulate
The prohibition on gambling in Ukraine is lifted this year. Six separate gambling bills were introduced into the Ukrainian parliament in November. They were eventually consolidated into one bill, which failed to pass its first vote and was returned to the committee. The bill was finally passed on January, 16.
The Commission for the Development and Regulation of Gambling will assign 20 licenses to operate casinos in 5-star hotels, 10 licenses to conduct online betting and gambling, 80 retail betting shop licenses, and 160 slot machine hall licenses.
Do not miss: Gambling Market in Ukraine
Gambling has been prohibited for ten years. However, illegal gambling and betting have been rampant, with slot machine halls posing as lottery facilities (the only form of gambling still permitted) prevalent throughout the country.
Cambodia set to regulate gambling
Cambodia is expected to introduce gambling legislation in 2020 to capitalize on an industry that’s gaining steam. The bill is expected to establish specific gambling zones and prohibit Cambodian citizens from gambling. Integrated Resort licenses will be valid for 20 years, and licenses for standalone gambling facilities will be valid for 5 years. The bill will also establish the Commercial Gaming Committee of Cambodia.
Kenyan government doesn’t let up on operators
The Kenyan government spent much of 2019 in a dispute with operators over tax revenues. Draft legislation includes provisions for an additional monthly levy of 1% on gambling revenue and a 35% tax on all revenue from gambling advertising. Licensing fees are also expected to rise, with a shift in renewal fees from KES 30 million every three years to KES 15 million every year.
Do not miss: Gambling Market in Kenya
Brazil plans to regulate sports betting
2020 is a big year for sports gambling in Brazil. The Brazilian congress passed a bill in 2018 that provided for the regulation of sports betting and gave the ministry of economy two years to implement the regulations. After a period of deliberation and a public consultation, the new law should be into effect in 2020.
Do not miss: Gambling Market in Brazil
The dominoes continue to fall in the US
A few states have already legalized land-based and online gambling sports betting. As time goes on, more and more of them are getting on the bandwagon and hoping to take advantage of the recent end of the federal ban on sports betting outside specified zones. California is one of nine states set to vote on new gambling laws in 2020.
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