The European Parliament’s representatives have approved the new composition of the 27-member European Commission (EC), whose term of office began on December 1st.
The College’s main priorities include:
- ensuring online sovereignty;
- solidifying market competitiveness;
- fostering global sustainable development programs.
The European Lotteries (EL) association has positively assessed the new team and noted that all proposed growth concepts are particularly relevant to the gambling segment.
Impact of New Vectors on the iGaming Sector
The EL is the region’s largest and most influential organisation for national sweepstakes and other games of luck. Its representatives stressed that the Commission’s customer protection and internet technology initiatives would have a noticeable impact on the gambling sphere in the coming years.
Let us explore these concepts and ideas in more detail:
Sustainable Growth, Innovations, and Competitiveness
The EC’s President highlighted the significance of the objectives. The EL’s members shared Ursula von der Leyen's thoughts. They stated that the lottery market is in a great position to support the Commission’s proposals, from social and environment-focused ones to tech innovations.
The gambling sector plays a key role in fostering Europe’s economic growth and substantially contributes to educational, health-related, and welfare programs.
Enhancement of Internet-Based Protection
Henna Virkkunen's appointment as the College’s Executive VP for Tech Sovereignty, Security and Democracy was among the latest decisions. Her main task is to ensure the efficient implementation of the vital DSA. The regulation sets out key rules for creating a transparent and safe online realm for everyone involved.
Ms Virkkunen’s division will combat destructive web activities, for instance:
- exploitative designs;
- misleading and insidious advertising;
- other issues that are risky to vulnerable user categories.
The department will collaborate closely with the Commissioner for Democracy, Justice, the Rule of Law and Consumer Protection to develop a Digital Fairness Act. Adopting Michael McGrath's document will enhance transparent business operations and strengthen policies safeguarding customer rights.
Reinforcement of the Single European Market
The Commission’s Executive VP for Prosperity and Industrial Strategy has taken over the division. Stéphane Séjourné's department aims to achieve stronger and more profound integration across the single ecosystem, opening the door to multi-channel initiatives.
Such an approach delivers significant progress opportunities for the sweepstakes niche and the gambling industry as a whole. The revenues generated can be channelled into a single fund to cover various public needs.
The organisation’s members believe efforts to integrate the market’s verticals must be aligned with the existing legislative infrastructures and draws' role in regional communities. Only a rational and balanced strategy will create a sustainable single-business environment.
Young People Protection and Sport Fairness Promotion
The College’s Commissioner for Intergenerational Fairness, Youth, Culture and Sport underlined the significance of caring for children’s healthy mental state on the Web. In Glenn Micallef's opinion, athletic disciplines and overall culture are essential in ensuring peaceful vibes, prosperity, and safety in the European region.
The sweepstakes segment supports this initiative, reaffirming its devotion to utilising and spreading the word about responsible play principles.
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