EGBA to Revise Anti-Money Laundering Guidelines in 2026
EGBA to Revise Anti-Money Laundering Guidelines in 2026
The European Gaming and Betting Association (EGBA) has announced plans to update its anti-money laundering (AML) guidelines in 2026. This revision follows insights gained from the evaluation of its second annual AML report, aiming to strengthen the framework for combating financial crime in the online gambling sector.
Current Guidelines and Their Purpose
Initially released in March 2023, the EGBA AML guidelines provide detailed, sector-specific recommendations to online gambling operators. These guidelines cover crucial AML processes such as risk assessment of customers and businesses, due diligence procedures, reporting suspicious transactions, and maintaining proper records. They embrace a risk-based methodology aligned with both European Union and Financial Action Task Force (FATF) standards, while also considering the distinct challenges faced by the online gambling industry that may be less familiar to AML regulators.
Ongoing Efforts to Improve AML Compliance
This upcoming update represents the second year of EGBA’s continuous monitoring and commitment to enhancing AML compliance throughout Europe’s online gambling market. Dr. Ekaterina Hartmann, EGBA’s Director of Legal and Regulatory Affairs, emphasized the association’s goal of elevating compliance standards among its members. By setting a strong example, EGBA hopes to inspire other operators in the industry to adopt these rigorous measures. The association also encourages non-member operators to participate and contribute to strengthening the fight against financial crime within the sector.
Expected Enhancements in the 2026 Update
Details on the revised guidelines will be released closer to 2026. However, EGBA has revealed that the new version will feature expanded guidance on several key areas including risk assessments, payment processes, outsourcing, and maintaining sports integrity. The revisions will continue to apply a risk-based perspective, ensuring that AML and counter-terrorism financing actions are proportionate to the risk levels identified in the current operational environment.
About the European Gaming and Betting Association (EGBA)
The EGBA is a trade organization based in Brussels representing leading licensed and regulated online gambling operators within the European Union. The association collaborates with national and EU regulators and other stakeholders to promote a well-regulated gambling market that emphasizes consumer protection while adapting to digital innovations and evolving player behavior. As part of its commitment to safer gambling, EGBA spearheads the annual European Safer Gambling Week to foster responsible and secure gaming practices across the industry.
EGBA’s Industry Impact
Members of the EGBA hold a total of 321 online gambling licenses, each governed by stringent compliance requirements. Collectively, these licensees serve over 30 million customers across 21 European countries. In 2024, EGBA members are projected to account for around 30% of the online gambling gross gaming revenue in Europe, underscoring their significant presence and influence in the market.