Casino City's iGaming Pocket Directory - 2014 Edition
Sponsored by JURISDICTIONS 115 Visit iGamingPocketDirectory.com for more information. The one-market dream is dead. For years, online gaming operators had hoped for a global market where one license (or just a few) would be needed to operate, where they would have access to players all over the world, where players could play against (or with) others from all over the world – especially in poker and bingo – and tax and compliance burdens would be minimal. In addition to opening up markets, there was a significant regulatory advantage for operators in a one-market system as well. Compliance is expensive. And maintaining one infrastructure to comply with one set of regulations is far easier than trying to comply with several different sets of regulations Looking back on the original vision, it sounds like a pipe dream. That’s not the way the world operates, especially when it comes to gaming. Yet that was the world being vigorously pursued in the first part of the decade. And for a while, the dream seemed possible. The UK had adopted a very progressive online gaming policy that recognized licenses issued by approved jurisdictions AND didn’t tax wagers at the point of consumption. The EU, for a brief moment in time, seemed committed to opening up online gaming markets. And the US, for a heady few years, was a significant part of driving growth in the industry. But then reality set in. IGAMING JURISDICTIONS OVERVIEW
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