Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-02-11-Speech-4-055"

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"Madam President, there is no doubt that the market in online gambling in Europe is developing very dynamically. Indeed, over 40% of the world gambling market focuses on Europe, generating growing profits. Over the last four years, these incomes have almost doubled: from EUR 6.5 billion to EUR 11 billion. These statistics allow us to say that this phenomenon is going to continue to spread, both at the supra-national and cross-border levels. Development of the services and Internet market and changes in consumer attitudes require a reaction on the part of the European Union. The lack of Community regulation of online gambling is only one example where the institutions are not only failing to keep up with social changes, but are also failing to react to the needs of the changing common European market. The dynamically developing gambling market, which is based on cross-border contacts and transactions, needs common and clear regulations, in order to minimise the risk associated with fraud, money laundering, match-fixing and addiction. Clear and transparent principles should be the basis of operation of the single market, and we should, above all, protect European consumers from these threats. We should inform consumers of the possible negative consequences of online gambling. Young people, as we said in the resolution in March, are not mature enough to differentiate concepts such as luck, chance and the probability of winning. We need to identify the risk of gambling addictions developing in young people. Increasingly often the Commission is not managing to keep pace, and not only in this matter, with the exceptionally rapid development of the Internet and various kinds of online activity. Is one of the reasons for this not the fact that the Commission is composed entirely of people who grew up at a time when this electronic world of online entrepreneurship was only the subject of futuristic novels? The Commission must initiate work on a thorough report analysing everything related to the problem of honesty in gambling and all the legal and social consequences associated with this. What is needed is a clearly defined European code of practice, which sets the highest standards and will be able to distinguish between what is honest, sporting competition in games and dirty gambling."@en1
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