On March 20 – 22 2017, the Smart-Tech 2017 Conference took place in New York, the US.
Philippe Vlaemminck talked on “Regulatory Change Disrupts the Games-of-Chance Industry”.
He explained the recent jurisprudence of the CJEU and the WTO which declared that online gambling was not a different gambling service but just another means of distribution. That led to new challenges and the emergence of different types of games:
- Social games (especially the so-called freemium games)
- E-sports – skin betting & cash betting
- Virtual betting
By applying the classic regulation on games of chance to these new type of games and embracing them, the regulation becomes disruptive and opens the door for new & heavy competition.
The presentation was followed by a panel discussion on “Alternative Facts: Roundtable on Regulatory Issues” attended by Philippe Vlaemminck which touched upon internet gambling and states’ rights to determine regulatory and taxation policy.
The panelists addressed the following questions:
- How can government-gaming as an industry fight back against the countless Alternative Facts?
- How can Lottery combat special interests which are influencing the media and legislators at federal and state levels to shape the regulatory dialogue with fake news?