Casino City's iGaming Pocket Directory - 2014 Edition

Sponsored by 26 Casino City’s iGaming Pocket Directory CASINO In most industries, change is driven by innovation and competition. But the online gaming industry isn’t just any industry. In this space, changes in the regulatory framework have a direct and immense impact on competition and the changing landscape of the business. The biggest regulatory change in the online gaming industry over the past five years has been the move away from a single, global online gaming market with a few accepted – and tax friendly – regulatory bodies to a country-by-country regulatory framework. Regulations and taxation are increasingly occurring in the country of consumption. And as a result, the rules of competition – and the costs of doing business – have changed dramatically. The most significant regulatory change in the new country-by-country model is the concept of ring-fencing players – where a licensed site can only offer services to residents of that country. The impact of ring-fencing is most visibly seen in online CASINO INDUSTRY OVERVIEW