11 Dec Cryptocurrency gambling among challenges for regulators, says IAGR report
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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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