Global Regulators Collaborate to Tackle Crypto and Black-Market Gambling

The International Association of Gaming Regulators (IAGR) convened its 2025 conference in Toronto, where regulators from Europe, Africa, Asia, and North America united to emphasize that the future of gambling oversight requires international cooperation, rapid adaptation to new technology, and swift enforcement actions. The consensus was clear: the traditional regulatory frameworks are insufficient for the digital age.

In the face of burgeoning technologies such as cryptocurrencies and artificial intelligence, regulators find themselves needing to innovate beyond conventional methods. The Dutch gaming regulator, Michel Groothuizen, highlighted the growing challenge posed by crypto gambling, which currently tests the limits of existing legislation. He pointed out that although crypto gambling is technically forbidden in the licensed market, the reality is forcing a reconsideration of policies. Alarmingly, more than 30% of young adults in the Netherlands have crypto accounts, and the inability to gamble legally with cryptocurrencies drives them toward illegal markets. Despite 90% of Dutch gamblers still using licensed platforms, Groothuizen suggested that a significant portion of gambling funds might already be directed to unlicensed operators accepting cryptocurrencies.

Nigeria faces a similar conundrum, as noted by Bashir Are, head of the Lagos State Lotteries and Gaming Authority. Nigeria ranks among the top five countries in terms of cryptocurrency transaction volume, and this prevalence is mirrored in the betting sphere. Are’s enforcement teams utilize AI to detect crypto-based betting activities on the black market, recognizing that legal frameworks are still playing catch-up. The lack of regulation means that technically, no crime is being committed by these operators, although regulations are currently being developed.

In Canada, the Alcohol and Gaming Commission of Ontario (AGCO), led by Dr. Karin Schnarr, has adopted a strategic approach to combat illegal gaming operators by targeting the systems that facilitate their operations. Schnarr explained how her agency directly engaged with social media giants such as Meta to identify and act against illegal operators. This proactive stance has reportedly yielded quick responses and positive outcomes.

Meanwhile, in Singapore, the focus on responsible gambling is highlighted by the measures put in place by the Gambling Regulatory Authority under the leadership of Chun Ching Teo. These measures, aimed at building public trust, include self-exclusion, family exclusion, and automatic bans on individuals experiencing financial hardship. The comprehensive nature of Singapore’s system reflects a wider understanding that responsible gambling policies are crucial to maintaining political and public support for casinos.

The drive for international cooperation is becoming a central tenet of modern gambling regulation. The Netherlands has spearheaded a domestic alliance that brings together regulators, operators, financial institutions, and technology companies to effectively combat illegal gambling platforms. This collaborative approach is echoed in Nigeria, where efforts are made to share data with social media companies to block illegal activities and protect consumers.

However, the integration of AI into these regulatory processes presents its own set of challenges. While AI is beneficial for functions such as anti-money laundering and harm prevention, Singapore’s Teo warns of potential drawbacks, akin to a study showing that professionals relying heavily on AI may see a deterioration in their skills. Therefore, a balance needs to be maintained to ensure human expertise is not overshadowed by technological reliance.

As the global gambling landscape continues to evolve, the question remains whether regulators can maintain the pace of technological advancements to uphold fair play. With legal gambling expanding and crypto-based betting gaining traction in the shadows, the collaboration among regulators across continents must not only keep pace but potentially outstrip technological progress to ensure a balanced and fair gaming environment for all stakeholders involved.

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