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Online gambling plan

THE European Commission has put together an action plan for the online gambling market across the region.

The idea is to introduce common principle among industry leaders to protect customers in the region.

However, the Commission has warned that if it does not achieve its objective, the EU will consider binding legislation.

An expert group will be formed by December which will liaise with member states on regulation.

There are roughly 6.8m online customers of sports betting, poker, casino and lottery as well as other types of betting.

But there are numerous unregulated betting portals, which pose significant risks, including money laundering.

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