Please use this identifier to cite or link to this item:
Title: iGaming versus banking : differences and similarities
Authors: Cortis, Dominic
Spiteri, Luke
Keywords: Risk management
Banks and banking -- Malta
Internet gambling -- Malta
Banks and banking -- Risk management
Issue Date: 2021
Publisher: University of Buckingham Press
Citation: Cortis, D., & Spiteri, L. (2021). iGaming versus banking : differences and similarities. Journal of Gambling Business and Economics, 14(1), 15-31.
Abstract: This work compares existing and emerging risks of the banking and iGaming industries. Moreover, whilst a solvency framework is established in the banking industry, this study researches the potential implementation of a solvency regime in the iGaming industry. Our literature review is complemented with semi-structured interviews held with 23 stakeholders working in risk management in Malta. The common risks identified were compliance with regulations, money laundering, liquidity and solvency risks. The banking industry highlighted credit, market and jurisdiction risks as specific risks faced by their industry – the latter being potential worry specific to the Maltese jurisdiction. iGaming experts highlighted financial, responsible gaming and market changes as specific risks for their industry. A formalised solvency framework would be beneficial to the iGaming industry by further enhancing its reputation. Finally, we find that more focus should be given to risk management in banks and iGaming operators to improve the relationship between both industries.
Appears in Collections:Scholarly Works - FacEMAIns

Files in This Item:
File Description SizeFormat 
1938-Article Text-6268-1-10-20211201.pdf428.78 kBAdobe PDFView/Open

Items in OAR@UM are protected by copyright, with all rights reserved, unless otherwise indicated.