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The gambling industry needs tough, clear regulations to keep it in check, as it cannot seem to agree on how to regulate itself, says the CEO of Denmark鈥檚 largest operator.
The boss of Danske Spil, the formerly monopoly state-owned operator in Denmark, said that the online gambling market needed a firm hand from the regulator to try and restore its reputation with politicians and the public.
鈥淲e need an adult to step in and help do this,鈥 said Karsten Fogh Holanng, speaking at the Scandinavian Gaming Show in Copenhagen on Wednesday (November 2).
鈥淲e鈥檝e proven as an industry we鈥檙e not able to [agree], so that鈥檚 why we need sensible regulation.鈥
TV gambling advertising remains particularly controversial in Denmark and government officials have suggested they are preparing tough measures.
In August, Jeppe Bruus, the tax minister, said plans were being drawn up for a whistle-to-whistle sports ban, while in September he said he would ban the use of celebrities in gambling ads.
However, the industry hopes that this was mostly tough talk to appease voters. Denmark held a widely anticipated snap election this week that saw the incumbent centre-left coalition narrowly retain power.
鈥淚t鈥檚 difficult to say鈥 how wedded the Danish government is to these promises, said Morten Ronde, chief executive of local trade association Spillebranchen.
But Holanng still wants tougher rules, although he petitioned regulators to make sure that any new requirements are clear for licence holders.
Specifically he backed the idea of operators being required to share data on their players, in comments that echoed plans for a 鈥渟ingle customer view鈥 in the UK or the planned use of the LUGAS database in Germany.
鈥淚 think we should push for central controls across the industry,鈥 he said.
Holanng also challenged suppliers to raise standards, which he argued would have a resonating impact across the world.
鈥淚 don鈥檛 see any partners (suppliers) that I鈥檓 working with say: 鈥業鈥檓 doing things a new way鈥,鈥 he said.
鈥淚nstead [of just making an impact] in my small corner of the market, those that operate on a global scale will have better insights than we do.鈥
鈥淲e all have a responsibility, but suppliers have a huge responsibility鈥 to go beyond regulations, he said.
鈥淩ather than seeing them as compliance requirements, see them as business opportunities,鈥 added Ronde, who nevertheless said he wanted to see much more research on the effectiveness of various industry responsible gambling initiatives.
鈥淚 don鈥檛 see responsible gambling tools being peer reviewed by scientists. It鈥檚 very difficult to find facts and that鈥檚 the only thing that works with politicians.鈥
Taking up this line, Holanng agreed, but said 鈥渋f the industry pays for a study it will be ignored鈥, suggesting that Denmark could consider a new levy for research to be paid by gambling operators to an independent body.
