RATE Group | Cryptocurrency gambling among challenges for regulators, says IAGR report
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Cryptocurrency gambling among challenges for regulators, says IAGR report

Cryptocurrency gambling among challenges for regulators, says IAGR report

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Cryptocurrency gambling among challenges for regulators, says IAGR report The International Association of Gaming Regulators (IAGR) has published its IAGR Gambling Regulation Surv…

The International Association of Gaming Regulators (IAGR) has published its IAGR Gambling Regulation Survey 2018-2019, which has found that the most pressing problems for regulators are cross-border online gambling marketing, eSports betting, foreign regulatory developments and cryptocurrency gambling.

In total, 77% of jurisdictions fought to keep crime out of gambling, with the top five areas of concern for regulators being unlicensed gambling, money laundering, cheating, match-fixing and underage gambling.

Additionally, 86% of respondents focus on problem gambling and 45% on gambling addiction, while 66% of jurisdictions are mandated to make contributions for education, treatment and research into problem gambling.

Respondents said that the most effective anti-illegal gambling strategies were competitive markets, a licensing system, working with national and…

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