Considering all aspects of the new iGaming legislation, the KSA will expand its mandate to supervise all responsible gambling practices and enforce best-practices to sustain a well-regulated online gambling market.
In March 2020, when the Covid-19 epidemic swept across the world, the global on-line gambling market experienced massive growth as traditional casino players turned to online options and sports bettors turned to alternatives like virtual sports. The massive sea change is still affecting the gambling industry today.
The organization is in charge of licensing process, devising gaming procedures and principles, and acts to prevent illegal land-based and iGaming operations, including responsible gambling activities and players’ protection.
The higher this factor is, the more you risk and the bigger are the rewards and vice versa. Consider this while choosing a fruit machine.
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Currency Exchange: Indicators include large, frequent currency exchanges, use of currency exchange services for pelo apparent legitimate purpose, and structured currency exchanges to avoid detection.
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Lack of Awareness: There is a notable lack of awareness within the sector regarding the typologies and methods used for money laundering, which undermines the effectiveness of AML/CFT measures.
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For example, given that even gamblers from populations considered less at risk (highly educated and employed) seem to be highly attracted to gambling, it would be important to target them with specific interventions or include them in a universal intervention. On the other hand, it appears that gamblers with fewer resources are more likely to become problematic gamblers and thus would need to be involved in indicated interventions to promote or enhance protective factors. More attention should be given to acknowledging and dealing with the taboo of female gamblers; despite being an extremely valuable topic, it was not covered much by the articles included in the review. Finally, the relevance of social relationships and sociality during gambling should be considered when designing online gambling preventive interventions. Online access to gambling facilitates solitary play and isolating habits, and social protective factors could be reduced.
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