Newzoo recently predicted that the global eSports audience would reach a staggering 500 million+ by 2021 and at time of writing, an average of 49,000 Twitch and YouTube viewers are watching the English language live stream of ICE London’s Counter-
The Edelman Trust Barometer in 2020 found that globally, trust in governments had fallen to an all time low. Less than 50% of the population believed that their relevant institution would ‘do what was right’.
In today’s fireside chat, Harald Neumann, CEO of Novomatic AG, was speaking about the importance of regulation within the gaming industry but warned that an all out ban on specific platforms wasn’t the solution.
With gambling and online gaming companies under increasing pressure to provide safety and security for their customers whilst at the same time having to address problems with gambling addiction, the call for tighter controls and regulation is loud
Betting and gaming should seize the opportunity to contribute towards new legislation replacing current laws which belong in an era of “Betamax and Friends Reunited”, according to Former Labour Party Deputy Leader, Tom Watson.