EDITORIAL
Poorly drafted laws meet sound regulations
As legal practitioners we are all-too familiar with poorly drafted laws and regulations that have been passed with little consideration as to unintended consequences or lack of clarity. This issue of the IMGL Magazine contains a number of examples of regulation, which cause more rather than less confusion, which miss the mark in resolving the concerns they purport to address, or which add a layer of complexity and costs to the industry where there may be no real-life justification for it. So far, so depressing, but this issue is also the bearer of good news and highlights situations where sound laws, evidence-based regulation, and judicious implementation have a positive impact on the industry, effectively protect consumers and, importantly, drive out crime. As ever, we are pleased to have received contributions from around the world. In
Germany, operators and the courts look set to be tied up with the consequences of a period of time when regulation was particularly unclear. Retrospective player refund claims are set to be a considerable drag on part of the industry with a prospect that things may get worse before they get better. The article sheds light on this matter in the context of loot boxes. Legislation passing through the Romanian Parliament threatens to introduce an almost complete ban on gambling advertising in that country. And ‘The Betting on our Future Act’ in the US pursues a similar direction although, as our contributors explain, is likely to be subject to challenge. Other articles demonstrate how regulation can keep pace with technology to better serve customers and our Latin American colleague has produced a piece in which he establishes
SIMON PLANZER PHD, Editor in Chief IMGL MAGAZINE
Contents 6
iGaming in Ontario One Year On
12 20 26 30 34 38 42 46 52 56 62
Does Online Gambling have a Money Laundering Problem?
US Sports Book Advertising: Past, Present & Future Regulatory Environment
Moving the Dial with Financial Security
Regulating a Cashless Casino
Proposed Changes to the Romanian Legislative Framework on Gambling Advertising
Player Refund Claims Against Gambling Operators
Northern Lights: Finland is Finally Introducing a Licensing System for Gambling Betting on Balance: How to Protect Players & Encourage Innovation in Gaming
Do Advertising Bans Contribute to Responsible Gaming? Foundations of a Legal Theory of Betting Games
Comparing Tax Rates and Tax Takes Between New York and New Jersey
IMGL MAGAZINE | JANUARY 2023 IMGL MAGAZINE | APRIL 2023
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