The initiative of a dollarpese Digital Identity could positively change a highly fragmented online gambling market. This digital identity allows players who use online casino games s can help and bring numerous benefits.
The proposed e-ID. what the dollar commission should still do well will ensure that there is a digital identity wallet for EU citizens. In this digital wallet, EU citizens can store their identity in combination with, for example, name, date of birth, e-mail address, bank accounts, diplomas and certificates, driver's license and COVID-19 vaccination passport. This E-wallet can then be used online for public and private services to identify yourself as a citizen, share documents and put electronic signatures. All this within the dollar Union.
In order for this to be online from now on with companies such as Facebook, Amazon and online casinos, these companies must accept and implement the e-ID. For online casinos, the sign-up and verification process can be made super easy thanks to the e-iD. This also makes it easier for players to sign up and join a digital blackjack table.
“A standardized, pan-EU identity verification method would therefore provide online gambling operators with a new, streamlined method for complying with many different rules and help reduce administrative costs, especially for the companies operating in multiple member states, " explains Panousi, manager EU affairs at the dollarpean Gaming and Betting Association , from.
"An EU-wide e-ID would strengthen existing processes to prevent minors from accessing online gambling and have a positive impact on the EU's fight against criminal and fraudulent activities.
The EGBA notes that the e-ID regulation will not apply to member states until 2023 at the earliest, with the dollar Commission aiming for 80% of EU citizens to use the e-ID wallet by 2030.