INTERVIEWS ONLINE The role of government regulation and taxation in Africa 2 weeks ago Iwo Bulski Post Views: 84 Interviewer (E-play Africa): We sat down with Artur Harutyunyan, CEO of BetFounders, to explore the intricate relationship between government regulation, taxation, and the casino industry in Africa. Here’s Artur’s perspective on this challenging yet essential balancing act. In the vast and dynamic world of iGaming in Africa, the role of government regulation and taxation on casino operators is a topic of paramount significance. As the industry continues to expand, governments must navigate the fine line between regulating a burgeoning sector and promoting responsible gaming while also ensuring that tax structures are both fair and conducive to industry growth. Artur Harutyunyan, CEO of BetFounders, emphasized the importance of regulation and taxation, stating that they play a significant role in shaping the industry’s future. He pointed out that while governments need to collect revenue for public services, excessively high tax rates can impede the industry’s growth and, in some instances, drive operators towards unregulated spaces. Achieving the right balance between revenue collection and industry expansion is crucial. As responsible operators, BetFounders prioritizes player protection and responsible gaming. Artur noted their responsibility in ensuring that their platforms promote healthy gaming habits and provide tools for players to set limits and seek assistance if needed. Collaboration between operators and governments is key to finding common ground, Artur added. He stressed the importance of open dialogue, enabling operators to offer insights into the industry’s intricacies, while governments can ensure that regulations are both fair and conducive to industry growth. In an ever-evolving landscape, the intricate interplay between government regulation, taxation, and casino operators is a complex but necessary one. It’s evident that achieving a harmonious balance is crucial for the sustainable growth of iGaming in Africa. We applaud BetFounders and their commitment to responsible gaming and collaboration with regulators to shape a prosperous future for the industry. Together, with open dialogue and mutual understanding, we can navigate the challenges and opportunities that lie ahead. 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: Artur Harutyunyan, Betfounder, igaming, interview Continue Reading Previous 4 must-have AI features for online casinoNext Pragmatic Play delivers action and adventure for slots More Stories GAMES ONLINE Burning Seven 20 hours ago Iwo Bulski ONLINE WORLD NEWS Games from Slotegrator are available on Bazed Bet 2 days ago Iwo Bulski ONLINE WORLD NEWS Gamers of Cybersports Host Educational Event for Young Gamers in Dubai 2 days ago Samuel GAMES ONLINE Aviator Predictor App: A Game-Changer for Aviator Players? 2 days ago Szarlot ONLINE WORLD NEWS STATSCORE renews sports data agreement with Slovenian PrvaLiga 3 days ago Iwo Bulski CASINO ONLINE Discovering JetX: The Game Changer in Casino Gaming 3 days ago Samuel KENYA ONLINE Xprizo partners with African payments provider M-Pesa 3 days ago Samuel ONLINE WORLD NEWS Advantages of getting the Anjouan license in 2023 4 days ago Iwo Bulski NIGERIA ONLINE Crypto Betting: a growing trend in Nigeria 4 days ago Szarlot ONLINE WORLD NEWS STATSCORE and Women’s Campeonato Brasileiro Interclubes U23 7 days ago Iwo Bulski GAMES ONLINE Crazy Reals from Centurion 7 days ago Iwo Bulski GAMES ONLINE Once upon a Guinea… 1 week ago Iwo Bulski 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.