EP passes new online gambling resolution

Budapest Business Journal – Though a bill passed by the Hungarian parliament in late June which lays the groundwork for online gaming regulation and taxation has been criticized by industry insiders as prohibitively expensive, a European Parliament resolution passed today in Brussels may make the market a bit more attractive to would-be providers. A European Union Internal Market and Consumer Protection (IMCo) committee report, with primary sponsor MEP Ashley Fox of the UK, submitted today chases up on the European Commission Action Plan on online gambling of October 2012. The Europe-based industry group Remote Gaming Association (RGA) was quick to…