There is very little standardisation in regulatory models globally, as each country tailors its regulation, including setting different operating standards, focusing on different types of gambling, and enacting different regulatory restrictions. However an effective regulatory regime may help achieve benefits including: protecting consumers; generating tax revenues and other economic benefits; keeping gambling crime free; and retaining sports integrity.
As countries open up to different forms of gambling, there are huge opportunities available to operators however it will be important to get regulation right. Engaging with governments in these markets presents very different challenges compared to engaging with more mature regulators and Governments. This talk will cover some countries that are likely to be of interest in Latin America, the challenges of engaging with such governments and the importance of getting it right.
A huge impact and transition – disrupting the economic key drivers.
Indeed – what we experience in the 21st century is no ordinary disruption. Second sight trends and developments appear to be neither better nor worse, but rather different. We all want to be in control of the future, hence want to know it. Which is impossible given the complexities within our universe. However we can keep an open mind, remain alert and strategically anticipate what’s on the radar, whether the indicators are clear or somewhat blurred.
The world’s economy is changing at a pace never witnessed before. A radically different world is forming. 7 major disruptive forces are the drivers behind the greatest changes ever seen in the global economy. Each on its own is breath-taking. Compared to the First Industrial Revolution the change is happening roughly 10 times faster and at 300 times the scale, or 3,000 times the impact. We entered a century of near-constant discontinuity and although information is ubiquitous we are experiencing an information struggle. Competitors can rise in almost complete stealth and burst upon the scene. Vast new markets are conjured seemingly from nothing. Many of the long-standing trends that made life so pleasant have changed significantly or even broken decisively. And - that’s the new normal. That’s why leaders should be alerted and boldly reset their intuitions, swiftly adjust to a new reality and update their thinking, awareness and decision patterns.
As Bill Gates 1996 aptly stated: “We always overestimate the change that will occur in the next two years and underestimate the change that will occur in the next ten. Don't let yourself be lulled into inaction”.
Part one of this keynote will address a brief general overview of 6 of the 7 the game changing forces: the rapid urbanisation; new and refined materials, next-gen genomics and nano-technology; demographics; the energy challenge; globalisation and entrepreneurship.
Part two will provide more insights on the 7th force - the digital arena - and a brief outlook on the Emerging Technologies for the next five to 10 years, AI including. They are disruptive by nature, but the competitive advantage they provide is as per today not yet well-known or proved in the market but should be addressed.