SBC WGES Live Blog Tuesday – Exploring The Roadmap To Standardized Technology Requirements in New Regulatory Environments
- Session – WGES Regulation Focus Day -11:45 CET
- Topic – Standardized Technologies for entering new regulated markets
- Session Speakers – Gregory Kuhlmey, head of iGaming Compliance provider Dictao France, Filippo Ferri, Director of iGaming Development, Gaming Labs International USA, Brigitte Sand , Director Gambling Authority Denmark
SBC Key Session Notes
- Brigitte Sand of Director Gambling Authority Denmark stresses the importance of flexibility when building a road map in regulated markets, as timescales can be effected radically and new regulation can change course of project and final product. She further stresses that teams should not aim to build unless they realise that regulation is 100% set for their target region.
- Filippo Ferri of Igaming Labs USA , comments that it is hard to ‘harmonize’ product standards across regulated markets, as requirements and specifications are different from region to region, making it difficult for operators to deliver product and having product teams constantly changing practices and process . He stresses that there should be better communication between regulators to make business and product delivery more practical – he states that catering to European regulation has been very complicated and convoluted.
- Gregory Kuhlmey – Dictao France. believes that there are two road blocks to the standardization process – When the political process starts to regulate the market it becomes a political process, and law makers need to catch up with igaming trends and customs to develop their market knowledge, otherwise they will not know how to regulate their markets effectively. The second road block is down to simple time needed to process and align platforms with regulated igaming laws for selected regions. These too often change causing panic and confusion amongst software and service providers, who will ultimately not put out any product unless it is 100% customized to regional law!
- Session ends with all speakers agreeing that standardizing technology to fit regulatory purposes has been like being on a roller-coaster! Speakers agree that operators need to study region by region process thoroughly and independently before choosing whether to develop for that region. Law makers need to look to create some form of Standardization and more flexible alignment between states for best practices and future growth in the market.