The “channelization” of players from the black market into the regulated sphere should be a primary goal of any government offering or looking to introduce a regulated gaming sphere, while the success of the regulatory system should at least be partly judged on the extent to which it achieves this channelization goal, according to a new research paper.
Australian advisory firm Vanguard Overwatch, overseen by the same team that curates the annual gambling law and legislation conference Regulating the Game in Sydney, penned the paper, taking a specific look at some of the policy decisions impacting the regulated gambling markets in Australia and New Zealand.