1. REGULATORS EVALUATION OF TECHNOLOGY
Presentation by: North West Gambling Board

2. REGULATORS EVALUATION OF TECHNOLOGY

3. What is regulation? A rule of order having the force of law, prescribed by a superior or competent authority, relating to the actions of those under the control of the authority. What is technology? Technology is the collection of techniques, skills, methods and processes used in the production of goods or services or in the accomplishment of pre-determined objectives. Technology can equally be knowledge of techniques and processes, which can be embedded in machines or operating platforms, without detailed knowledge or common understanding of their optimal workings.

4. Technology and Regulation are often posed, as adversaries
Technology symbolizes markets, enterprise, and growth, while regulation on the other hand is perceived as government bureaucracy, or unnecessary control and limitation of industry growth.
Regulators usually take a moralistic approach in addressing and embracing technology, without substantial understanding of the future of technology in a specific industry. This is dangerous!!
Similarly, Operators take a business driven approach without full or adequate understanding of philanthropic and moralistic concerns of governments. This is Dangerous!!

5. Regulation should always take a pragmatic approach, as opposed to a pure moralistic approach, however, it is always necessary to strike a careful balance between the two:
Pragmatic
Realistic
Logical
Rational

6. It is important for regulators to appreciate the changing nature of gambling platforms and evolve with it.
“How do we regulate gambling in the digital age”.
Gambling is fast becoming interactive with brick and mortar of gambling establishments becoming less and less irrelevant and unattractive.

7. REGULATORY FRAMEWORK

8. OBJECTIVITY TEST

9. OBJECTIVITY TEST

10. SUBJECTIVITY TEST

11. TECHNOLOGY
Cloud based gambling

12. TECHNOLOGY
Modernisation of Gambling Equipment

13. Regulation should seek to strike a balance by enhancing the benefits of the application of information technology, while endeavouring to minimise its downside consequences.
Do we need to see technology as an adversary to regulation “No”.
Technology can and should enhance regulation.
enables computerised control and monitoring, auditing, and
the implementation of consumer protection regulations.

14. THANK YOU