Technology vs. regulation to be discussed at CEEGC2018
Dr Joseph Borg will moderate the Evolution of technology vs Gambling Regulators panel discussion at CEEGC2018.
Hungary.- The large impact of blockchain technology on the gambling industry is well felt by operators and suppliers and the demands to include cryptocurrencies in the deposit and withdraw options is also growing daily. The industry is shaping up to add these modern technologies of the 21st century, however, as in all industries, the regulators need to keep up with technology in order to make room for the business to grow.
The 2017 edition of Central and Eastern European Gaming Conference(CEEGC) featured an IMGL MasterClass which was titled “The devil is in the details as regulators apply stricter rules” and focused in the facts that shape the legal frameworks of licensing.
All attending keynote speakers of the IMGL Masterclass agreed that technology is way ahead of the regulatory frameworks and it usually takes about five years for the regulator and legislator to catch up with them. Thus, all regulators should attend technology conference to learn about the new methods that are being implemented by operators and suppliers to keep up with the demand.
In 2018, at the 3rd edition of CEEGC, the organizers are adding a so-called follow up of the panel in order to track the latest movements of the industry and highlight some of the key aspects which are often overlooked by regulators. The panel will focus on the constant evolution of DFS and how regulators are overlooking its potential, the use of blockchain in the gambling industry and many more.
The panel discussion will be moderated by Dr Joseph Borg who is an Advocate and Partner at WH Partners, heading the Blockchain Advisory and the Gaming and Gambling Advisory sections of the firm.
Rafal Nowak, iGaming Sales Director at Mobiyo, said: “A week after the Budapest Gaming CEE conferences, I’m still discussing the topics brought up there with fellow delegates. Thank you Zoltan Tundik for organizing an informative and well-shaped event on this, often underestimated iGaming territory and good luck with the next one!”
CEO & Chief Editor at All In Translations Roy Pedersen added: “For All-in Translations’ 10 Year Anniversary Tour we decided to attend smaller conferences. Zoltan and Betty are much of the reason for this. They have a unique way of giving a personal touch to the events they organise while at the same time keeping them highly relevant. CEEGC Budapest was another great example where we felt truly welcome, and at the same time it was great for business.”
