The Key to Better Gambling Regulation: Educating the Regulators
When we think about responsible gambling, we often focus on what operators need to do to keep their customers safe. But what about the people responsible for overseeing these operators—the regulators?
In a recent article, The Key to Better Gambling Regulation: Educating the Regulators, Dr. Maris Catania highlights the critical role that well-informed regulators play in ensuring responsible gambling practices.
The article emphasises the importance of continuous education and comprehensive training for regulators to navigate the complexities of the gambling industry.
Catania explains that regulators must understand gambling products, player behaviours, and the technology driving the industry in order to create effective regulations and conduct meaningful compliance checks.
Key takeaways include:
- Industry Knowledge: Regulators need a deep understanding of how gambling products function and the risks they pose. Without this, regulations may fall short.
- Harm Prevention: Early identification of gambling harm is vital, and trained regulators can better assess whether operators are genuinely protecting customers.
- Technological Advances: As the industry evolves with online platforms and sophisticated algorithms, continuous education for regulators is essential to keep pace with new risks.
- Collaboration: A cooperative relationship between regulators and operators can foster more effective harm-prevention strategies.
- Public Trust: Educated regulators enhance public confidence in the system, which is crucial for the long-term health of the industry.
For more on why education and training are key for creating better gambling regulations, read the full article from Dr. Maris Catania on Global Gaming Business News here: https://ggbnews.com/article/the-key-to-better-gambling-regulation-educating-the-regulators/