Online Gambling Industry Prepares For GDPR

Published Wednesday, March 07, 2018 -
Online Gambling Industry Prepares For GDPR

Consumers of online gambling products can rest assured that the new regulations designed to protect their information will be good for them. General Data Protection Regulations do not come into effect until May 25th, 2018 but gambling operators have already started to get ready for the changes. Although the measures to ensure data protection are for consumers to give them more control over their data it will disrupt the online betting industry as operators adjust to comply with the new regulations.

The GDPR (General Data Protection Regulation) has the goal to create a harmonised data protection law framework across the European Union with strict rules on those hosting and 'processing' this data around the globe. The GDPR also introduces regulations related to the free movement of personal data in and out of the EU.

In order to become informed of the consequences operators of online gambling firms are invited to attend the Disrupting Online Gambling – Technology, Security and Regulation event taking place in London the 23rd-24th May 2018.  This conference is organized to help international operators manage risk and security for an efficient delivery of customer products and services.

The event will target the operator’s responsibilities in order for them to attain a larger share of the gambling market will complying with the new data rule requirements. Disruptive technologies that are able to revolutionise operational efficiency in delivering services utilizing the latest digital tools will be the conference focus. The new event aims to provide a platform for operators providing solutions for enhancing the consumers experience through disruptive innovation.

The GDPR is more than just information security, data governance or training employees. It is complex and far reaching legislation, comprised of many components that affect organizations in many ways and on all levels.  GDPR is the latest in an increasing number of regulations which requires a strong Information Governance program and technical framework to be successful. A comprehensive approach is required, considering all aspects.


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