The Remote Gambling Association, the largest online gambling trade association in the world, has developed a set of technical guidelines which are primarily intended to support regulators design efficient and effective technical standards.
By producing these guidelines and highlighting what it believes to be regulatory best practice based on the extensive first-hand experience of its members, the RGA is hopeful that they will play a constructive part in the ongoing discussions about these issues that are being held both nationally and internationally.
In doing so it acknowledges the regulatory objectives of licensing jurisdictions and the work that has already been undertaken in this area by like-minded regulators through forums such as the International Association of Gaming Regulators (IAGR), and by standardisation bodies, such as the European Committee for Standardisation (CEN).
Clive Hawkswood, Remote Gambling Association CEO, said, ?The RGA is committed to the encouragement of high standards of probity and integrity, both for the benefit of its members and the public generally. Ensuring that technical standards are consistent, proportionate, practical, and effective is central to that. If that can be achieved there would be obvious benefits for the industry, but we would suggest that this must also be in the best interests of regulators, governments and consumers.?
While innovation and technology may present new challenges for regulators, they also create new opportunities to provide efficient consumer protection and combat crime. Besides the registration of all transactions which provides a complete digital audit trail, remote gambling is characterized by increased consumer transparency, and the latest eVerification technologies are strategic enablers for the exclusion of under-aged people and the fight against fraud (for example, because of the decreased risk of ID theft or credit card fraud).
?For the avoidance of any doubt, I would like to make very clear that this has nothing to do with self-regulation,? continued Hawswood, ?As an industry we are part of a well regulated sector where it is becoming common place for companies to be licensed in multiple jurisdictions. As those countries are essentially licensing the same products and businesses, logic dictates that in most cases they should adopt similar regulatory measures, such as those set out in our guidelines.?
More Information
RGA ? Website: RGA.eu.com
CEN ? Website: CEN.eu
IAGR ? Website: IAGR.org
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