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The Missing Link: Technical Standards and Solutions The EU iGaming Debate: An update Why standards are important to operators

The Missing Link: Technical Standards and Solutions

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The Missing Link: Technical Standards and Solutions. The EU iGaming Debate: An update Why standards are important to operators. The EU iGaming Debate. Green paper discussion & recommendations : Advertising Common principles consumer and minor protection of consumers - PowerPoint PPT Presentation

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Page 1: The Missing Link: Technical Standards and Solutions

The Missing Link: Technical Standards and Solutions

• The EU iGaming Debate: An update• Why standards are important to

operators

Page 2: The Missing Link: Technical Standards and Solutions

The EU iGaming Debate

• Green paper discussion & recommendations:– Advertising– Common principles consumer and minor protection of

consumers• PwC conducting a study on the role of national

regulators (licensing, enforcement, etc.)• European Commission Expert Group’s role in

developing best practice for online gambling• Restructuring of online gambling portfolio at

European Commission

Page 3: The Missing Link: Technical Standards and Solutions

RGA Technical standards (1)

• efficient and effective technical standards taking account of consumer experience and market dynamics

• apply to all platforms and methods of remote delivery;• accommodate the differences between betting and gaming

products;• underline the integrity and fairness of remote gambling

products;• standards that ensure that online gambling products are

fair, secure, auditable and can be regulated efficiently.

Page 4: The Missing Link: Technical Standards and Solutions

RGA Technical standards (2)

• provide assurance to consumers that the industry, are committed to and provide fair and safe betting and gaming;

• allow for technological developments and innovation; and

• cover the principles of good testing of standards by regulators and third party testing organisations.

• standards focus on identifying objectives not methods.

Page 5: The Missing Link: Technical Standards and Solutions

Benefits of standards

• Beneficial for regulators and consumers:– similar processes and standards, – derived from evidence – risk based decision making

• the importance of technical standards when operators are considering entering a market– economies of scale for gambling activities– cost of compliance– ability to use tried and tested products

Page 6: The Missing Link: Technical Standards and Solutions

Inconsistencies mean:

• Management and compliance problems• Fragmentation of online gambling market• Unnecessary duplication of company and

regulatory infrastructures

Page 7: The Missing Link: Technical Standards and Solutions

Review and Revise

• support innovation– Better KYC– Improvements to game architecture– increased consumer transparency

• create a level playing field– Enable new entrants to develop products– Enables product launches in a number of

jurisdiction

Page 8: The Missing Link: Technical Standards and Solutions

Thank you

Sue RossiterDirector of Projects and PolicyRemote Gambling Association

www.rga.eu.com [email protected]