Payment blocking – success or failure IAGR 2018 – Silje Sægrov Amble

Payment blocking as a tool for market protection and player protection One of many different and effective tools that can complement each other A useful tool for every jurisdiction, regardless of regulation, because we all have a marked to protect New companies has to take a conscious choice weather they wants to offer their online games in Norway When we have the regulation, we must follow-up to stop illegal gambling - responsibility to our citizens  

Player protection – stop fatal consequenses Why don`t you and my bank stop me from gambling? Why can I gamble all my money when there is a payment ban for gambling? Dept bigger than I and my family can bare What can I do?

Gamblingsitenorway.com

Gambling transactions - deposits: Norwegian bank Foreign bank MCC 7995 Gambling MCC not gambling (ex. dating or drugs) Gambling company without a license

Payouts Gamblingsitenorway.com payment service provider SE3700 15 09847

Banks: we want the ban to have effect and follow your orders – risk for money laundering Should we stop this payment transaction? Updated list of payment providers that is offering gambling without a license?

Payment providers: we back off when we taste the consequences of your orders to the banks But some don’t – examples are Entercash and Trustly Freedom of legal payment services …….but respect for the different countries`gambling regulation

Success Knowledge about the market and how the gambling and payment work in practise is a requirement to succeed Informed choice to respect the regulation or not And aware what the consequences can be The gambling companies that decide to follow the regulation is able to do so The payment service providers can have legal activity (not gambling) in the jurisdiction Payment blocking can be a success even when it is possible to circumvent

And failures Many gambling companies and payment providers still process gambling transactions in the jurisdiction The regulation needs to be followed-up very closely by The Gaming Authority to be effective, constantly hands on from us over a period of time is necessary The possibility to have updated information about account numbers used to gambling without a license, to be able to stop the payment transactions

Now – public hearing on proposals to increase the effect and success of the payment ban Wider possibility to order the banks to stop transactions Duty for the banks to give information to The Gaming Authority

Summary A tool for every type of jurisdiction – we all have a market to protect Market knowledge on payment transactions Information and dialogue on regulation and consequences Success even when its circumvented

E-mail: ssg@lottstift.no