As the world continues to be a complex place of interdependent elements with black swans ever more common, lottery professionals from all corners of the world tuned in over the course of two days to hear testimonies and learnings on the topic in the EL WLA Security and Operational Risk Management webinar 2022 entitled “Expect the Unexpected: Black Swans in Security & Risk Management”.
With new entrants in the streaming industry, Netflix has had to adapt to stay competitive by providing subscribers with the best content, such as popular previously released movies and original binge-worthy television shows. In November 2021, Netflix added gaming content to its offerings to attract a broader range of customers. Netflix and other online entertainment providers understand that great content is the driver of success.
They’ve been described as giant spaceships. Six-foot high rolls of paper stock weighing up to 2,000 pounds go in one end, traveling at high speed as layer by layer of coatings are applied—ultimately exiting as vibrant rolls of scratch games, each roll with a retail value of $1 million to $10 million. Sold by 112 lotteries in 47 countries, Scientific Games’ instant products represent 70% of instant game retail sales globally.
Over the past five years, a boom in the use of smart devices, improved connectivity, and accelerated digitalization during the global pandemic have changed the way we live, work and play. We carry out more activities online and share more of our lives through different social media platforms.
Illegal betting is a key threat to the integrity of horse racing and other sports at all levels. Over the past few years, a combination of new technologies and the global pandemic have facilitated the rapid growth and evolution of online illegal betting.
Whatever we do online, we leave a digital footprint of personal data. Around the world, masses of data are generated every day, more laws are enforced to protect data privacy and instance of data breeches continues to grow.
Interview with Anne Pattberg, Chair of the WLA Independent Assessment Panel for Responsible Gaming certification
In Europe and other parts of the world, the gambling industry is under pressure as regulations become stricter. On the one hand, authorities and regulators are changing the legislation by establishing bans on advertising to protect players and vulnerable groups from abusive bombardment of gambling advertising. On the other, it is believed that operators could suffer if the regulations are too ‘strict’ because this may push players to the grey market. So where do we draw the line and find the right balance?
The world lottery community is a wealth of professional knowledge. As a global association, we see it as our duty to facilitate the sharing of this expertise. With this in mind, the WLA started reaching out to lottery professionals in 2021, to participate in a series of video interviews titled “Voices from the world lottery community: Key opinion leaders”.
Online sports betting is an exciting pastime for many people and a booming industry that continues to grow thanks to the increased use of connected devices and advance of online offerings throughout COVID-19 pandemic, the changing regulatory landscape of the gambling industry, and more sports leagues and events to bet on. A global report by ResearchandMarkets, a research company offering market insights and analysis, expects the global sports betting market size to reach USD 140.26 billion by 2028.
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