2012 marks the beginning of a new era in the European online gambling sector.
For the first time, revenues generated from domestically regulated markets will account for the clear majority of total i-gaming revenues in Europe.
Research undertaken by Global Betting and Gaming Consultants for its Interactive Gambling Report found that in 2011, 51.3 per cent of revenues were from domestically regulated markets. This figure will jump to 60.1 per cent in 2012 as several key markets launch new i-gaming licensing regimes.
GBGC director Lorien Pilling cites 2012 as a defining year for i-gaming in Europe. ”Low gaming taxes are being replaced by high taxes; single licences are being replaced by the need for multiple licences. As a result, the high customer payouts that made i-gaming so attractive are being reduced too.”
Spain is due to launch its new licences this year while Denmark has already begun issuing licences with a 20 per cent tax on gross gaming revenues. Germany’s states are also planning some restrictive licensing of i-gaming under the new Interstate Gambling Treaty and Greece has plans for a 30 per cent gross profits tax for its domestic i-gaming licences, plus a withholding tax on players’ winnings.
Link to article: http://www.intergameonline.com/i-gaming/news/6794/a-new-era-for-regulated-european-i-gaming











