????????????????????????????????????????????????????????????????? GambleAware Conference

Chris Philip, UK Minister for Technology and Digital Economy Use his speech at the conference to summarize the UK’s efforts to ensure that online gambling is a safe yet healthy part of the growing digital economy.

In a discussion titled “Collaboration in the Prevention of Gambling Harm”, Philip mentioned two of his main goals as minister: making the Kingdom “the safest place in the world to be online”. It sets international standards for internet security” and provides gambling with a “comprehensive review” to ensure it is up-to-date for the modern digital age.

Having met many stakeholders in the industry, as well as many practitioners who specialize in helping patients with addictions, they have been able to help patients with addictions. “It’s our duty in government and more broadly to prevent people from being directed to dark destinations,” Philip explained.

The Gambling Act investigation seeks to address a wide range of issues with a formal call for evidence received 16,000 submissions. Philips also stated that a white paper will be published in the coming months.

Elaborate on the measures to be taken to avoid the activation of coercive or harmful gambling. Claiming a payslip or bank statement from a client in excess of ?100 may be seen as intrusive, but it goes beyond the guarantee by a certain point. Another acceptable form of regulation is a new approach using modern technology and data metrics. Philips points to the creation of a system similar to that used by more modern credit reference agencies. This will be a smoother form of compliance, although higher levels of gambling will require more intrusive scrutiny. He also stated that “monitoring based on spending and financial situation must be supplemented, rather than replacing all existing requirements on the operator to monitor playback data. Identify risks and intervene accordingly.”

As a result, he points out that the success of GAMSTOP, an online self-exclusion program of many operators, is a good sign of the road to action, as a single person can have multiple accounts with several different operators. Therefore, there is a real need for a single customer view (SCV) to protect that person rather than a single account.

In terms of data protection, Philips further explains that any sharing of data must be carried out in accordance with strict protocols to ensure that the data is secure and that the amount of data received varies according to the situation. In this regard, The Gambling Commission will be supported by the Office of the Data Commissioner, ensuring that SCV operates closely with the values of data protection. Refer to the data sharing system currently used by the financial sector as a benchmark. Philips urges audience stakeholders to work together with regulators to create a system that helps establish and maintain a high standard of customer protection.

With a detailed summary of the role of the main regulators. Phillips noted that the role of the Gambling Commission would be useful for any efforts to make the UK gambling market a safer economic ecosystem. He worked closely with the Commission’s chairman and chief executive officer, pledging that the review of gambling laws would be as thorough as necessary. Based on their success in banning credit card gambling. Stricter compliance with age regulations and the Commission’s actions during COVID. Philip noted that regulators will be the cornerstone of the industry’s future.

SiGMA Asia 2022

After an exciting series of conferences that marked Malta Week 2021, SiGMA Group plans to storm the globe with the golden pinnacles of Kiev and the snow-capped city of Toronto, the hub of bringing together the best and brightest iGaming worlds. The next expo will take us to the modern metropolis of the United Arab Emirates for three days of networking. Discussion and Celebration Stay up to date with the latest and greatest news via SiGMA News.