The problem is, for social gaming to be brought under the oversight of gambling regulators, it must first be classed as gambling, and, in many cases, it isn\u2019t. But Haas believes there are other government bodies that can step in,<\/p>\n
“Regulators will come in at some point, whether it’s in banking, consumer affairs or gaming. I think it’s important to be ahead of the curve with these things, to ensure operators are operating with integrity and consumers are protected, so that they don’t lose money they can’t afford to,\u201d said Haas. \u201cThe result of which could be a bad thing for any company that operates within the gaming industry or even gaming\/entertainment.”<\/strong><\/p><\/blockquote>\n\u201cThere is a significant element of potential harm to consumers if they play irresponsibly, where they cannot set deposit limits, play limits or loss limits,\u201d he added.<\/p>\n","protected":false},"excerpt":{"rendered":"
DraftKings chief international officer Jeffrey Haas has called for the regulation of the social gaming industry because he believes social gamers should be afforded the same protections as consumers of regulated online gambling, Gambling Insider reports. Speaking at the iGB Live conference in Amsterdam last week, Haas said the lack of regulatory guidance for social […]<\/p>\n","protected":false},"author":36,"featured_media":84472,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[62,13592,22988],"tags":[],"acf":[],"yoast_head":"\n
DraftKings CIO Demands Social Gaming Regulation<\/title>\n\n\n\n\n\n\n\n\n\n\n\n\n\t\n\t\n\t\n\n\n\n\n\n\t\n\t\n\t\n