Timed during a period of uncertainty following the Brexit vote and in light of increasing M&A activity in the UK gambling market, this seminar was an opportunity to review developments and consider the future for the sector.
Delegates examined emerging developments in gambling technologies and consumer trends – particularly focusing on mobile – as the UK Gambling Commission becomes the first regulator in the world to review the legal framework in response to the rise of virtual currencies, eSports and social gaming. They also considered the priorities for the UK Government in supporting the international competitiveness of the sector post-Brexit.
In anticipation of the new funding model for British Horse Racing coming into effect in April 2017 aiming to level the playing field for British-based and offshore gambling operators and providing greater economic support to the racing industry, delegates also examined the next steps for implementation and the likely impact on key stakeholders going forward.
Further sessions considered the ongoing debate around corporate social responsibility within the sector, focusing on the marketing of betting services, protecting vulnerable groups from harm and developing cross-sector initiatives to encourage responsible gambling.