Fair Online Gaming Important for Industry Report Finds

A recently published survey reveals what many had long suspected: that fairness within the online gaming world is important to the industry’s success. The report, published in Malta’s Independent Online news, held that the success of online gaming is dependent upon the integrity of operations; without it, the survival of online betting could be jeopardized.

In addition, the report, which focused on activities in Malta, stated that the industry provides a plethora of benefits, both social and economic; this includes jobs in the sportsbook betting sector for nearly 800,000 people and revenue creation for governments. Malta has received great interest of late from people connected to the industry and those involved in betting software services.

Other recent reports, such as that confirmed in Brussels by a Council Meeting for Ministers of Sport, have likewise found that the relationship between online gaming and sports betting services is crucial to long-terms health in the field. Findings such as these have driven many governments and oversight agencies as well as reports and articles, including the one in the Malta Independent to endorse a very stringent adherence to EU regulations.

There was a warm reception to the article within the betting software services sector positioned throughout the region. In addition, operators also took great note to the discussions in the Green Paper, also known as the Online Gambling in the Internal Market.

The European Commission adopted the paper last March. It publicized reports that illegal operations within the industry have been worth as much as €148 billion per year; perhaps more expensive, however, has been the cost of the undermining of consumer trust in the industry.