Commission Backs Off From E.U.-Wide Gambling Rules

Law360, New York (November 15, 2006, 12:00 AM EST) -- While a European Commission investigation into the $65 billion gambling industry will look to reduce restrictions on cross-border competition, it will hold back on proposing European-wide regulations for the sector.

Commissioner Charlie McCreevy, the E.U.’s internal market and services chief, told the European Parliament at a Wednesday hearing that common E.U. rules did not stand a chance before the 25 member states.

The member states rely on their state-controlled lotteries to raise money for treasuries and would likely veto any attempt to open up the industry...
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