Recent regulatory actions in the UK have made it clear that online gambling operators are under ever greater pressure over how they market their products. Investigations on the part of the Competition and Markets Authority (CMA) and the Information Commissioner’s Office (ICO) demonstrate the degree of scrutiny that exists at a high level.
Industry experts believe that between 2 million and 6 million jobs will be lost over the next decade due to disruptive financial technologies like Artificial Intelligence (AI) and blockchain. Illustrating the potential, digital challenger banks such as Starling and Monzo can operate with 90% less headcount than traditional banks.
Problem gambling is moving up the agenda for gambling operators, as new data science techniques open up the possibility not just of a better understanding of what drives gambling behaviours, but also enabling operators to intervene and prevent consumers getting into trouble.
Jez San certainly hit the headlines back in June when his Funfair.io blockchain-based online casino platform startup raised $26m from an initial coin offering or ICO. The former founder of PKR says that blockchain is by far the most disruptive technology to hit the online gambling space for some time and that its development will inevitably rewrite the rules for the sector in the years to come.
A full suite of integrated Racing Post content and data is now available to FSB Technology operators via their sportsbook and gaming platform. Customers will have direct access to the most in-depth and informative data for UK and Irish horseracing as well as greyhounds.