Brussels-based industry body the European Gaming & Betting Association (EGBA) has confirmed that Stockholm-listed European sports betting operator Betsson AB (Betsson) has joined its member body.
Betsson along with EGBA members will push for better industry representation and communication with European market regulators and policy makers.
Furthermore, as an EGBA member Betsson will participate in group directives relating to industry responsible gambling, consumer protections, sports integrity.
Commenting on the recent membership of Betsson Group, Maarten Haijer, Secretary General of EGBA, said: “We are very delighted that Betsson Group has joined the EGBA. Betsson has historically been an established company in the Nordic markets, who are now increasing their market share outside of the Nordics holding licenses in 10 countries[1] in Europe, they are a truly European company. Their addition bolsters even further our ability to be the voice of industry when speaking to regulators and policy makers about the many regulatory challenges facing the industry.”
Ulrik Bengtsson, CEO of Betsson Group backed Haijer comments stating “With the current wave of local regulation taking place across Europe, Betsson Group wants to expand its revenue from locally regulated markets. It is important that these markets’ licensing regimes are compliant with EU law and the increasing EU regulation applicable to online gambling. EGBA’s knowledge, expertise and support will assist Betsson in this arena. For an evidently cross border sector like ours, effective application and enforcement of EU law is crucial.“
Source: SBC News
