Legal Compliance Market Trends: February 2021

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Despite initial concerns about a potential surge in online gambling during the pandemic, data from the UK’s Gambling Commission suggests that these fears were largely unfounded. The regulator found no significant or sustained increase in gambling activity during the Covid-19 period. While this may offer some support to the sector, it does not imply overall backing from the Commission. In fact, the Commission’s affordability review poses significant risks to the future viability of the industry, potentially more so than the government’s review of the Gambling Act. The Commission’s CEO, Neil McArthur, has also criticized the sector’s claims about the UK black market, further adding to the uncertainty within the industry. It is still too early to determine the full impact of these reviews, but it is likely that the sector will undergo substantial changes in the future.

The Netherlands presents a different scenario in its market development. Due to delays in the opening of the regulated market, the launch has been postponed again by one month to October. However, given the pandemic situation, this delay may be more justifiable in the eyes of operators. Nevertheless, this one-month delay is unlikely to significantly impact those who have already been absent from the market for the 32 months required by regulators. Additionally, there is some positive news for those interested in the Dutch market, as a recent report from the regulator suggests that the market may open up even further in the future.

Stephen Carter, Editorial Director, InnovateChange

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Stue Temoha is an expert writer with a profound passion for gambling and online gaming. With a career spanning over a decade, Stue has established himself as a trusted authority in the industry, offering deep insights into casinos, sports betting, poker, and the latest trends in online gambling. His writing is distinguished by meticulous research, clear analysis, and an engaging narrative style that demystifies complex concepts for readers of all levels. Stue's articles are a go-to resource for detailed reviews, strategic advice, and up-to-date industry trends, helping both novice and experienced gamblers navigate the dynamic gaming landscape.
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