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Published byBenedict Watts Modified over 9 years ago
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The Missing Link: Technical Standards and Solutions The EU iGaming Debate: An update Why standards are important to operators
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The EU iGaming Debate Green paper discussion & recommendations: – Advertising – Common principles consumer and minor protection of consumers PwC conducting a study on the role of national regulators (licensing, enforcement, etc.) European Commission Expert Group’s role in developing best practice for online gambling Restructuring of online gambling portfolio at European Commission
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RGA Technical standards (1) efficient and effective technical standards taking account of consumer experience and market dynamics apply to all platforms and methods of remote delivery; accommodate the differences between betting and gaming products; underline the integrity and fairness of remote gambling products; standards that ensure that online gambling products are fair, secure, auditable and can be regulated efficiently.
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RGA Technical standards (2) provide assurance to consumers that the industry, are committed to and provide fair and safe betting and gaming; allow for technological developments and innovation; and cover the principles of good testing of standards by regulators and third party testing organisations. standards focus on identifying objectives not methods.
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Benefits of standards Beneficial for regulators and consumers: – similar processes and standards, – derived from evidence – risk based decision making the importance of technical standards when operators are considering entering a market – economies of scale for gambling activities – cost of compliance – ability to use tried and tested products
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Inconsistencies mean: Management and compliance problems Fragmentation of online gambling market Unnecessary duplication of company and regulatory infrastructures
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Review and Revise support innovation – Better KYC – Improvements to game architecture – increased consumer transparency create a level playing field – Enable new entrants to develop products – Enables product launches in a number of jurisdiction
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Thank you Sue Rossiter Director of Projects and Policy Remote Gambling Association www.rga.eu.com srossiter@rga.eu.com
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