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The Massachusetts Gaming Commission is trying to get its arms around the technological future of gambling seeking bids for research into the potential impacts of iGaming and the use of artificial intelligence in the gaming industry.

Two requests for proposals rolled out this month as part of the gaming commissions research agenda. These research priorities, proposed by the Gaming Policy Advisory Council and approved by gaming commissioners, signal potential concerns and expectations for gamings evolution in the state with the commission in the paradoxical position of overseeing an increasingly expansive gambling universe in the state while grappling with the harms of the addictive products.

One RFP looks for an entity to conduct a study on the impact of iGaming on public health, with particular focus on comparison of participants with participants in other forms of gaming, comorbidity with problem gambling, and impacts on youth under the age of 25 in the Commonwealth.

Another considers current and future possible uses of artificial intelligence (AI) in the gaming industry, with a particular focus on marketing, player acquisition, and responsible gaming functionality/player health in the Commonwealth.

Both the iGaming and AI studies are budgeted for $75,000 smaller-scale projects when compared to other recent MassGaming studies that have landed in the $100,000 to $150,000 range.

Massachusetts is well into a statewide embrace of gambling, kicked off by casino legalization in 2011 under then-Gov. Deval Patrick and hitting a new scale with the Gov. Charlie Baker-backed push into legalized sports betting. Gov. Maura Healey has picked up the Baker baton in pushing for the state Lottery to include online, or iLottery, offerings supported by the House of Representatives but resisted for years by the state Senate.

As the industry sprawls, and concerns about the impacts of online offerings on young people grow with it, gaming regulators are hoping to get ahead of potential next waves. Of the iGaming bids, a MassGaming spokesperson on Wednesday said the study aims to evaluate the iGaming universe preemptively.

Sports wagering has grown significantly since 2018, Mark Vander Linden, director of research and responsible gaming for the commission, said in a public meeting last year, as the group discussed its research agenda going forward. iGaming also is gaining a foothold in the United States.

iGaming, as explained in the bid documents, is a separate issue from online sports betting. It includes digital variations of popular casino-style games or poker available through websites and mobile apps. Research on the subject is somewhat limited so far, the commission notes, with Rhode Island becoming the latest state to legalize iGaming as of 2023. Seven states allow iGaming generally, though Nevada only allows online poker.

Sports betting, but not other types of online gambling, is prohibited across state lines by the federal Wire Act. Politicians considering online gaming tend to express some unease with its potentially addictive appeal to younger people, and its adoption within states has been slow for those reasons, the bid document notes.

Site-based gambling as a part of the vacation, as part of the destination, is a very different thing from online, U.S. Sen. Elizabeth Warren said in 2019, and getting the appropriate restrictions in place so that children dont have access, so that people who have problems with gambling dont have access, are challenges that havent yet been addressed.

Vander Linden noted past research, which rolled out as sports betting looked increasingly likely to be legalized, included a number of studies focused on responsible gaming applied to the newly federally permitted industry.

It was helpful, he said of the research, and would have been perhaps even more helpful to the Commonwealth to have an early study on sports wagering dating back to 2018. This is sort of trying to get an understanding of iGaming and potential impacts in Massachusetts.

The artificial intelligence RFP also looks ahead, drawing on initial work done last year to shape the commissions approach to AI in gaming by engaging stakeholders on current and future uses of the technology to identify and address those most at-risk of problem gambling for good or ill.

So far, artificial intelligence is being considered or adopted within the gaming industry for purposes like responsible gambling, marketing, and fraud detection.

Researchers note that AI is not good or evil itself, it is the use we give to it that can harm or benefit users, the bid document notes. A thoughtful consideration of ethical issues is critical while considering implementation of this technology.

This article first appeared on CommonWealth Beacon and is republished here under a Creative Commons license.

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Mass. Gaming Commission studying online casino games, AI use Rhode Island Current - Rhode Island Current

In his latest analysis, iGaming industry consultant Ron Mendelson, Fast Offshore, explores what the current online casino landscape looks like and the possibilities the Anjouan license offers those seeking to join the vertical.

In the online entertainment sector, one vertical is flourishing in particular: online gambling, casinos, and betting. With technological advancements and shifting regulations, the landscape for launching an online casino in 2024 demands careful consideration. Getting a license will be one of the first steps you take, and among the various choices, theAnjouan License stands out as a leading option for aspiring entrepreneurs.

The online casino market has experienced exponential growth in recent years, driven by convenience, accessibility, and technological advancements. With more players embracing online gaming, the demand for diverse and engaging platforms has soared. However, entering this sector requires meticulous planning and adherence to regulatory standards.

There are several reasons to consider opening a crypto casino in 2024here are just some of them.

Growing Popularity of Cryptocurrency: Cryptocurrencies have gained widespread acceptance and adoption, becoming a mainstream investment vehicle and medium of exchange. With increasing familiarity and trust in digital currencies, launching a crypto casino taps into a burgeoning market of crypto enthusiasts seeking innovative ways to utilise their assets.

Enhanced Security and Transparency: Blockchain technology, the foundation of cryptocurrencies, offers unparalleled security and transparency, mitigating risks associated with traditional payment methods. By leveraging blockchain for transactions and smart contracts, crypto casinos ensure fairness, anonymity, and immutability, creating trust among players.

Global Accessibility and Inclusivity: Cryptocurrencies transcend geographical boundaries and financial barriers, enabling seamless transactions and accessibility for players worldwide. Launching a crypto casino eliminates the limitations imposed by fiat currencies, allowing individuals from diverse backgrounds to participate in online gaming without restrictions.

Lower Operational Costs and Higher Profit Margins: Crypto transactions bypass intermediaries such as banks and payment processors, reducing transaction fees and operational costs for casino operators. With lower overhead expenses and higher profit margins, launching a crypto casino offers a lucrative business opportunity in a competitive market.

Innovative Features and Opportunities: Cryptocurrency integration opens doors to innovative features such as provably fair gaming, decentralised autonomous organisations (DAOs), and tokenised incentives. By embracing blockchain technology and decentralised finance (DeFi) principles, crypto casinos can pioneer new gaming paradigms and capture market share through differentiation and innovation.

One of the primary considerations when launching an online casino is selecting the appropriate licensing jurisdiction. The license establishes the legality of the operation and influences factors such as credibility, player trust, and market reach. In 2024, the Anjouan License is a compelling choice among many different licensing options.

Regulatory Compliance: The Anjouan License is issued by the Anjouan authorities to ensure compliance with regulatory standards. This endorsement provides credibility and instils trust among players, which is crucial for establishing a reputable online casino brand.

Cost-Effectiveness: Compared to licenses from other jurisdictions, the Anjouan License offers a cost-effective solution for entrepreneurs looking to enter the online casino market without exorbitant expenses. This affordability enables startups to allocate resources efficiently, focusing on enhancing user experience and marketing efforts.

Global Recognition: While Anjouan may not be as widely recognised as some other licensing jurisdictions, it holds credibility within the online gaming industry, which is growing daily. The Anjouan License facilitates market entry into various regions, including Latin America, Europe, Asia, and Africa, allowing operators to cater to an international audience and expand their reach effectively.

Streamlined Application Process: Launching an online casino can be a complex endeavour, but the Anjouan License streamlines the application process, reducing bureaucratic hurdles and expediting the establishment of the gaming platform. This efficiency enables entrepreneurs to launch their casinos swiftly, seizing opportunities in a dynamic market. It is, in fact, the license with the shortest application and approval time in the world- a massive benefit for enthusiastic entrepreneurs.

Flexibility and Support: The Anjouan Gaming Board offers flexibility in regulatory requirements, accommodating the needs of online casino operators. Additionally, the board provides support and guidance throughout the licensing process, fostering a collaborative environment conducive to success.

Once youve decided to pursue the Anjouan License for your online casino venture, several key steps must be taken to ensure a successful launch:

Market Research: Conduct comprehensive market research to identify target demographics, analyse competitors, and understand player preferences. This data-driven approach will inform crucial decisions regarding game selection, promotional strategies, and user experience design.

Platform Development: Invest in developing a user-friendly and visually appealing online casino platform. Collaborate with experienced developers to ensure seamless navigation, robust security features, and device compatibility. Prioritise responsive design and intuitive interfaces to enhance the overall gaming experience.

Game Integration: Curate a diverse portfolio of high-quality casino games, including slots, table games, live dealer games, and speciality titles. Partner with reputable software providers to access premium content and ensure fairness and reliability in gaming outcomes. Offer popular titles alongside innovative offerings to cater to a broad spectrum of players.

Payment Solutions: Integrate secure and convenient payment solutions to facilitate seamless transactions for players. Support a variety of deposit and withdrawal methods, including credit/debit cards, e-wallets, bank transfers, and cryptocurrencies. Implement robust encryption protocols to prioritise player privacy and data protection.

Regulatory Compliance: Adhere to regulatory requirements stipulated by the Anjouan Gaming Board, including age verification procedures, anti-money laundering protocols, and responsible gambling measures. Implement stringent security measures to safeguard player funds and sensitive information, maintaining trust and integrity within the gaming community.

Marketing and Promotion: Develop a comprehensive marketing strategy to promote your online casino and attract players. Utilise a mix of digital marketing channels, including social media, search engine optimisation (SEO), affiliate marketing, and content marketing. Offer enticing bonuses, promotions, and loyalty programs to incentivise player engagement and retention.

Customer Support: Establish robust customer support channels to address player inquiries, resolve issues, and provide assistance round the clock. Offer multi-channel support options, including live chat, email, and telephone support, to ensure prompt and responsive service. Prioritise customer satisfaction to foster long-term relationships and enhance brand loyalty.

Launching an online casino in 2024 presents exciting opportunities for entrepreneurs seeking to capitalise on the burgeoning demand for online gaming entertainment. By obtaining an Anjouan License, aspiring operators can navigate the regulatory landscape effectively and establish a reputable and profitable online casino brand. With careful planning, strategic execution, and a commitment to excellence, success in the dynamic world of online casinos awaits. To help you every step of the way, however, you should partner with Fast Offshore. Our team of professional and experienced experts can assist you with making the right choices, filing all the paperwork correctly and in a timely manner, and then ensuring ongoing compliance with Anjouans requirements. To find out more about Anjouan or to get the ball rolling, contact us today!

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The online casino landscape in 2024: Launching with an Anjouan license - Yogonet International