Events
IAGA SUMMIT New York 2017
year olds and to ensure that marketing material does not amount to or involve misleading actions or misleading omissions (including in relation to free bets and bonuses). In addition, the British gambling industry has formulated its own code for socially responsible advertising, now reinforced by the betting sector setting up an independent body, the Senet Group, specifically to promote responsible gambling standards.
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Another of the prescribed licensing objectives is ensuring that gambling is conducted in a fair and open way. With this firmly in mind, the Gambling Commission has made it clear that it puts the interests of consumers at the heart of regulation, which (in addition to reviews of advertising controls) has led to recent investigations into potentially unfair terms and misleading practices and the manner in which gambling complaints and consumer disputes are handled, designed to
further protect consumers. l
Te Gambling Commission’s Sports Betting Intelligence Unit receives reports and develops intelligence about match-fixing and other potentially corrupt betting activity from a range of sources including betting operators, sports governing bodies, law enforcement, the public and the media. Representatives of the Commission have also joined with representatives from the betting industry, sports governing bodies and law enforcement to form the Sports Betting Integrity Forum, recent successes of which include developing and establishing information exchange protocols, reviewing the provision and effectiveness of education programs in sport and enhanced engagement with prosecuting authorities to improve management of sports betting corruption cases.
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Te third prescribed licensing objective to which all gambling operators are subject is the
Will President Trump repeal the ban on sports-betting - and what timetable might we be looking at?
Joe Asher, CEO, William Hill US
Joe Asher has been CEO of William Hill US since 2012, when William Hill acquired Brandywine Bookmaking, a company Asher created. Brandywine was a pure startup, which Asher launched in 2008 under the brand name Lucky’s Race & Sports Books after he relocated to Las Vegas.
P70 NEWSWIRE / INTERACTIVE /
247.COM
It's hard to guess at the timing. Obviously, there are a lot of big issues on the legislative agenda at this time. Hopefully, creating 150,000 jobs and raising billions in tax revenue can get this issue in front of Congress.
What are the main reasons why the ban continues to this day, and what might still de-rail the repeal?
Tere has never been this level of
prevention of crime (including money laundering). It is a measure of the success of both the British sports betting sector and the regulatory controls implemented by the Gambling Commission that the UK Government has recently determined to exclude the betting sector from its new Money Laundering Regulations on the basis of “proven low risk” posed by the nature and scale of their services.
Te fear of the unknown will always act as a disincentive to replace prohibition with regulation, but one hopes that the British experience, certain aspects of which I have outlined above, will serve to inform what seems to be an increasingly topical debate on the US side of the Atlantic Ocean.
Exchanges of views in relation to that debate will form the core of the sports betting panel session at the IAGA Summit in New York that I will have the pleasure to moderate on 31 May.
engagement in pushing to overturn PASPA. Te AGA has done a great job of highlighting the ways in which the law has failed and engaging with the sports leagues in a quest for a solution that we benefit all stakeholders, including ordinary Americans who just went a safe, convenient and legal way to bet on the game.
Has the US failed to protect its sports-betting users from illegal gaming?
Absolutely. PASPA has created a massive black market, which does not protect consumers.
The AGA talks about a broad coalition of support for repealing the sports-betting ban - what parties are opposed to the repeal and why?
I'm not aware of any party within the gaming industry opposed to a repeal of PASPA.
How will the industry take shape if the ban is eventually repealed?
I think it should be left to the states to decide if and how to offer sports betting. If New Jersey wants to offer it and Utah does not, that is entirely consistent with our form of government.
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