Forum: gambling technology and regulatory challenges

Most forms of gambling at the dawn of the 21st century are either technology based or technology assisted. Indeed, technology is the enabler of modern business. In many cases all financial reports are derived from systems technology; therefore, so is gambling taxation. Herein lays significant risk that is perhaps not well comprehended by gaming regulatory agencies, which are predominantly staffed and governed by legal, law enforcement and financial experts. This paper discusses regulatory challenges pertaining to gambling technology. From my review of McMullan and Perrier’s (2007) recent article, it is evident that there are several factors influencing regulatory challenges in Canada. Most of the cheating methods raised in the paper can be avoided and in many jurisdictions they have been. However, other countries are exposed to the risks McMullan and Perrier have identified in Canada; the problems raised are endemic and symptomatic of a global concern regarding regulatory challenges.