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How to play Hotline
The week will feature a coordinated programme of engagement between regulators and the industry, as well as public education and digital awareness activities.
Peter Kesitilwe, CEO of the AiA, said the industry’s growth must be matched by a stronger focus on player protection, highlighting the need for greater collaboration between regulators and operators.
“As Africa’s gambling industry continues to grow, player protection must grow with it,” he said. “Africa Safer Gambling Week brings regulators and industry together around a shared commitment to safer gambling and stronger consumer protection.
How to play Hotline
That is because trading on prediction markets is illegal down under, according to the Australian Securities and Investment Commission, the nation’s regulator on financial services. Last month, in perhaps the ASIC’s strongest warnings yet against the asset class, the commission reiterated that prediction markets are not licensed as financial markets to operate in Australia. Through the guidance, the regulator urged consumers to exercise caution before partaking in certain investments on offshore platforms which have not obtained licensing nationwide.
The advisory could be music to the ears of NFL Commissioner Roger Goodell, whose league has pushed a federal derivatives regulator in the US to enact more rigorous standards to help protect the integrity of professional sports. Ahead of the matchup, Goodell spoke with CNBC from Melbourne.
“We think there needs to be stronger regulations into the predictive markets,” he said. “We want to see that to protect the integrity of our game – we want to make sure we are protecting the consumers that are on those platforms.”
How to play Hotline
This clash between two teams who were embroiled in one of the most controversial games in football will be very interesting now that it’s in the Premier League.
If you’ve forgotten, Leeds and Villa played out a sensational match a couple of years ago in the Championship as Leeds scored by illegitimate means then were supposed to be letting Aston Villa score in response until Pontus Janssen didn’t read the memo.
Both sides are in decent form in general in the Premier League having returned in consecutive years. Aston Villa stayed up by the skin of their teeth in the 2019/20 season, but have kicked on under Dean Smith and in Grealish, Watkins and Traore, have some of the most dangerous attacking players in the Premier League.
