With a year of increased regulatory scrutiny all over the world, there is a high possibility that gaming industry will face strict rules and regulations as well as responsible gaming in 2020. The good thing about this is that, the regulations will be very flexible on some forms of gambling. But for land-based casinos its going to be a different story.
As it stands, the gambling industry is facing a massive negative media attention mostly in the UK. This is were issues as advertising, along wit the use of credit cards have been appearing in the press. This has resulted in increased regulatory scrutiny.
However, a transparent and honest discussion between the gambling industry and gaming regulators will be a major step forward. This is to ensure that any accomplishment taken is reasonable and at the same time it is evidence based. But coming up with a good balance is not going to be a walk in the park. This is because of the stakeholder’s different choices.
Trevor De Giorgio Predictions
De Giorgio is Chief Legal Officer at Green tube, he went on and give an assessment on what exactly it means on gambling compliance change in 2020. His insight is very clear and it surely points out the possible outcomes.
Trevor De Giorgio believes that increased compliance in gambling is very much necessary. This is because it’s a measure that will surely protect players on different aspect of gambling. “Increased compliance, due diligence and affordability measures in order to protect players from excessive spend, addiction and self-harm”
However, the gambling operators biggest fear is that they have to be at the vanguard of the third-part resolution. And this will come with massive costs on their side with some of the newzealandbetting online betting casino operators will be facing budget restrictions.
The only way out is for gambling operators to expand their aid and increase their investment and engage with more players as they go forward to cater for players.