Blockchain is at the forefront of modern-day technology. It has found legitimate utility in supply chain, financial clearing and settlement, and manufacturing, and is rapidly finding its place in other sectors of the economy. For the lottery industry, blockchain provides many opportunities and many challenges. In the first article of a three-part series, we look at what blockchain technology is and how it can be used by lottery operators.
In the second article of this series, we look more closely into how blockchain technology is being exploited by those involved in illegal lotteries and gambling operations. While illegal betting is a problem that long precedes cryptocurrencies, the borderless, digital, censorship-resistant features of the technology throw up new issues for lottery regulators and licensed industry operators.
In this final article of the series, we take a look at the Asian Racing Federation (ARF), who play a vital role in bringing attention to the issues surrounding illegal betting in Asia. The ARF also identifies and supports measures to combat the use of cryptocurrencies in illegal betting operations, as cryptocurrencies help illegal betting platforms operate under the radar.
Tabcorp Lotteries provide an overview of their responsible gaming program and present their Lotteries Early Intervention Model, considered an industry best practice by the global gaming community.
In this special report – originally published online as part of the WLA Quarterly Lottery Sales Indicator – we report once more on the rapidly unfolding regional and worldwide developments in the fight against COVID-19, and the impact of the pandemic on the lottery industry globally.
Read about these, and other themes, in the autumn 2021 issue of the WLA magazine.