The betting fraternity has benefited heavily from the fairly lax regulatory regime and have failed to make considerations on handling the effects that come as a result of the business,
They have only one option and that is to figure out how they will guide the discussion on how they will be regulated.
A few months ago they had the option of self regulating, but now the legislators have taken the lead.
They may soon find themselves in the same boat as the ICT fraternity is in today, trying to fire hose a faulty proposed regulation I.e the ICT practitioners bill.
It is agreed that there is a need to tame the gambling beast but it may be important to protect the innovations that have made their "success" possible. It may help the country if proposed regulation would ensure that the revenues earned from the industry are used for greater public good than is currently being felt, this may be the the only silver lining out of this cloud.
Regards,
Rosemary Koech-Kimwatu
From an ICT perspective,Safaricom should be asked to switch off their short codes for these betting firms.JGOn Fri, Aug 5, 2016 at 3:53 PM, Timothy- Coach- Oriedo via kictanet <kictanet@lists.kictanet.or.ke> wrote:
Gamification. it's amazing how the debate around gambling has chosen to focus on monetary gains, addiction and other associative proclivities. How would one for instance compare sports gambling with pokemon? There are accounts of an individual who racked a bill of $4,954 a Japanese gymnast in Rio thanks to Pokemon Go... Catch ‘em all or go broke tryin.For me they are both innovations riding on two precincts, one a supporting infrastructure - mobile and two consumers psychographics. Much needs to be done to support and ensure the government benefits from a fiscal angle of such innovations. I welcome parliamentary committee move to seek to understand the gamification phenomenon but ask it to be careful not put duress the sports betting firms that might lead to the firms contributing to there campaign kitty's to assuage tinkering of policies to their advantage.
Your thoughts from an ICT perspective?
Tim
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