Potential for over-regulation

Potential for over-regulation in the gambling industry is a critical issue that stakeholders need to consider. Over-regulation refers to excessive or overly stringent rules and laws that can stifle innovation, limit market entry, and possibly push gaming activities into unregulated or illegal markets. While regulations are necessary to ensure fair play, consumer protection, and to prevent activities such as money laundering, having too many restrictions can be counterproductive. This balance is crucial for the sustainability of the industry, ensuring that it remains attractive for both operators and consumers while maintaining safety and fairness. Stakeholders must work towards creating regulations that serve the public interest without hindering the growth and potential of the market.