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Sportsbook

Episode 2: Benefits of a more regulated gaming scenario

Thursday 17 de January 2019 / 13:19

2 minutos de lectura

(Malta).- The second episode of the series “LATAM: Technological and regulatory focus” will concentrate on the regulatory and legislative aspects and its benefits for the iGaming and betting industries.

Episode 2: Benefits of a more regulated gaming scenario

In recent years, the number of countries that have adopted their own gambling regulatory frameworks is on rise and regulations are seen to be of crucial importance, as they provide benefits for all parties involved in the gaming environment. In this perspective, operators, suppliers, and consumers can see significant progress from effective regulatory frameworks as they help to build a safer form of entertainment.


Today there are hundreds of online casino and gaming operators but the gambling regulations vary from country to country.


In the iGaming industry, Latin America is one of the fastest growing regions, with many countries showing great potential for growth. This potential is further being underlined with countries like Colombia, Peru, Mexico, Brazil and Chile all putting local regulations in place with the help of which gaming operators become even more interested in starting or expanding their businesses in the region.


A more stable, safe and trustworthy gaming environment


A more regulated scenario surely presents operators with a wide array of benefits including safety, stability, and trustworthiness. A strong regulatory framework includes:



  • Proper operation on interactive games

  • Protection of players

  • Prevention of money laundering

  • Protection of public interest


However, although regulated markets guarantee the above-mentioned advantages, they can present a complex framework for the operators in which to operate. Having this in mind, operators should seek to work with a strong technical partner who offers gaming solutions that are compliant with the regulatory necessities of the market where they intend to operate.


An advanced technology as a winning strategy


Constantly monitoring the evolving regulatory scenarios and changes in legislation is imperative for gaming operators who seek to maintain growth to their businesses in a safe environment. However, the technological aspect in terms of adapting to the new regulated gaming and betting scenarios also has an important role. Numerous gaming operators are in search to implement a gaming platform that is easily adaptable to different local jurisdictions.


Implementing a multi-jurisdiction platform compliant with strictly regulated markets, and modern software technology that is scalable and adaptable to different players’ needs and demands is the key to succeeding.


We have come to an end of the second episode. Stay tuned for the next episode which will focus on the LATAM regulatory scenario.

Categoría:Sportsbook

Tags: btobet, Sports Betting, betting software, Sportsbook , Betting On Sports,

País: Malta

Event

GAT EXPO CARTAGENA DE INDIAS 2024

09 de April 2024

Successful presentation of R. Franco and R. Franco Digital on the 25th anniversary of GAT Expo Colombia

(Madrid).- R. Franco and R. Franco Digital once again aroused great interest among operators at GAT Expo Colombia with their latest developments and products fully adapted to the Latin American market.

Friday 19 Apr 2024 / 12:00

The challenge of promoting gender equality within the sector, a topic of debate at GAT

(Cartagena, SoloAzar Exclusive).- “Women promoting the industry as a challenge,” was the topic of a panel organized by ASFEG, the Women's Gaming Association, at the recent GAT EXPO 2024. Speakers talked about female participation in the gaming industry, analyzed the current scenario and shared inspiring message for women in order to achieve gender equality.

Friday 19 Apr 2024 / 12:00

Fast Track pushes innovation and customisation in the iGaming industry at GAT Expo 2024

(Cartagena de Indias, Exclusive SoloAzar) - At GAT Expo Cartagena 2024, Fast Track stood out with its innovative CRM solutions designed specifically for the iGaming industry. Muriel Le Senechal, Solutions Consultant at Fast Track spoke about her good experience at the show, the exceptional feedback at Fast Track's booth, which impressed visitors with its real-time data integration and AI and finally reflected on GAT's 25th anniversary as an evolution in the Latin American gaming industry.

Thursday 18 Apr 2024 / 12:00

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