EXPERTS Problem gambling now regulators’ biggest concern – IAGR report 4 years ago Iwo Bulski Post Views: 893 Problem gambling has replaced consumer protection as the main concern for regulators around the world according to new data issued by the International Association of Gaming Regulators (IAGR). Problem gambling is being tackled by 88% of the regulatory bodies who participated in the group’s new ‘Gambling Regulation – Global Developments 2018-19’ survey. That represents an increase from 82%, when the data was last compiled in 2017, and places it ahead of consumer protection on 86% (90% in 2017) at the top of the list. Fewer authorities are dealing directly with gambling addiction compared to two years ago, with the number falling from 59% to 54%. Those dealing with match-fixing has risen considerably from 38% to 45%. Other key insights from the report, based on data provided by 44 jurisdictions, include that number-based games like lotto are the most common form of gambling, followed by casinos, then betting. Tackling gambling-related crime is a key duty for all regulators, with the top five areas of concern reported as illegal gambling, money-laundering, cheating, match-fixing/spot fixing and underage gambling. The report also shows that around two thirds of respondents have mandatory contributions from market operators in place for responsible gambling programmes. Looking ahead, the most pressing challenge reported by regulators is regulatory developments in other jurisdictions. Examples of this are the liberalisation of a gambling market or the legalisation of online gambling in a neighbouring jurisdiction. Betting on eSports and social gaming (with real money prizes) were the top-rated trends in 2017, and are joint third place this year. IAGR president Paul Newson said the results highlight common issues and challenges as well as some differences in the policy settings and focus of regulators. “This is a tremendous tool to promote greater information sharing and collaboration around policy development and industry supervision where we exercise similar functions and confront common issues and challenges. Through increased collaboration across jurisdictions we can advance efficient and effective gambling regulation and inform a collective focus and priority where the risks are greatest.” – he said Regulatory bodies in Europe, Africa, Australasia and North and South America participated in the survey. Source: igamingbusiness.com About Post Author Iwo Bulski Issues related to the gambling business is engaged in more than 30 years. My empirical experience gives me the opportunity to present events and companies from this business with full knowledge and industry knowledge. See author's posts Iwo BulskiIssues related to the gambling business is engaged in more than 30 years. My empirical experience gives me the opportunity to present events and companies from this business with full knowledge and industry knowledge. Facebook Twitter LinkedIn Email Print Tags: betting, esport, International Association of Gaming Regulators Continue Reading Previous EPG boosts money transfer options for countries in AfricaNext Untapped gambling market in Africa-esports More Stories EXPERTS NIGERIA Changes and Challenges in Nigeria’s Gambling Industry 7 hours ago Samuel EXPERTS NIGERIA Zu Tohtayeva will be joining us as a speaker at AGE LAGOS 2024 7 hours ago Samuel EXPERTS GHANA GRA’s 10% tax on games of chance: A double-edged sword? 7 hours ago Szarlot ETHIOPIA EXPERTS Ethiopia’s $250 Million Bet on Bitcoin Mining and AI 8 hours ago Samuel EXPERTS NIGERIA When Gbajabiamila was honoured in UK for transforming lottery to entertainment in Nigeria 1 day ago Samuel EXPERTS SOUTH AFRICA South Africa lined up to host SiGMA Africa 2024 expo 1 day ago Iwo Bulski EXPERTS Objectives of Marketing a sports betting company 2 days ago Tools EXPERTS NIGERIA Mark Pace will be speaking at AGE LAGOS 2024. 5 days ago Szarlot EXPERTS NIGERIA Gambling Addiction Is Becoming An Urgent Problem In Nigeria 5 days ago Szarlot ETHIOPIA EXPERTS We need Ethiopia’s boldness or Congo’s desperation to innovate 6 days ago Szarlot EXPERTS NIGERIA Nigeria’s casino market: a future outlook 1 week ago Samuel EXPERTS HOT NEWS NIGERIA Gambling in Nigeria sees constant surge 1 week ago Szarlot Leave a Reply Cancel replyYour email address will not be published. Required fields are marked *Comment * Name * Email * Website Save my name, email, and website in this browser for the next time I comment. Δ This site uses Akismet to reduce spam. Learn how your comment data is processed.