By The Weekly Edge desk ·
SBC News reported that Austria’s finance ministry submitted draft gambling legislation to the European Commission. The submission starts a three-month standstill for review against EU market rules.
The standstill allows review of the draft’s compatibility with EU market requirements.
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Operators face planned licensing reform in Austria and tighter enforcement in the Netherlands, Denmark and France.
Authorities’ planned cooperation targets illegal online gambling, including cross-border operations and businesses supporting unlicensed operators.
Gambling authorities from Germany, Austria, Switzerland and Liechtenstein focused on strengthening international cooperation against illegal gambling.
Regulators discussed cross-border cooperation on illegal gambling alongside regulatory developments, betting and prediction markets.
The proposed framework would change licensing and illegal-market blocking arrangements.