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44

// PUBLIC GAMING INTERNATIONAL // May/June 2016

PUBLIC GAMING

INTERVIEWS

Joni

HOVI

Executive Director, State Lottery Business, Kambi

Paul Jason, PGRI:

Are current regula-

tory structures effective at ensuring that all

sports-betting operators pay their taxes and

comply with all laws? And how do they vary

from one jurisdiction to another?

Joni Hovi:

Regulations are important

to protect the consumer, to preserve the

integrity of the market, to minimize fraud,

money-laundering, and corruption, and

to facilitate the collection of taxes. An ef-

fective regulatory structure should require

transparency from the operator to enable

auditing and controls to be effectively ex-

ecuted by the regulator and agents of the

government. It should also enable the op-

erators to conduct business, and serve the

consumer with efficiency and effectiveness

as well. But each jurisdiction is different

and may have different approaches to how

these objectives are best accomplished.

Kambi is strictly B2B, so our custom-

ers are the operators of sports-betting.

Our contracts require that our customers

respect the laws of the consumptive juris-

dictions where regulatory framework is in

place. For example, no customer of Kambi

is allowed to accept sports bets from USA.

Further to this, Kambi is, for instance,

one of the few certified B2B operators to-

day in Italy. Kambi is proud to be a member

of the World Lottery Association (WLA),

European Lottery Association (EL) and

Corporación Iberoamericana de Loterías y

Apuestas del Estado (CIBALAE).

Sports-betting is much more complicated than

selling lottery tickets. Since Lottery’s reputation

for integrity is its most valuable asset, opera-

tional excellence is even more central to sports-

betting than to any other gaming category.

J. Hovi:

The operation of sports-bet-

ting is very data and technology-intensive.

Protection of transaction data and confi-

dential player information is vital. Effec-

tive standards and mechanisms to ensure

that all this data is protected have not

been established. It is also important that

the local regulator oversees the betting op-

erations in order for them, together with

the betting operators and their suppliers,

to follow up in case there is any doubt on

match fixing at a later stage. The industry

knows and respects and appreciates that

Kambi excels at this aspect of operations.

Furthermore, when it comes to sports-

betting, almost all jurisdictions have a mul-

tiple operator and licensing system model.

PGRI Introduction:

Sports-betting is the fastest growing gaming category.  Maybe that’s because it is more exciting

than any other games, or maybe because it has so much appeal to young adults, or maybe because it delivers a lon-

ger-play gaming experience. Kambi’s focus is on supporting the uncompromising standards of government-gaming

operators in the highly regulated markets. Understanding the players, empathising with their needs and exceeding

their expectations are what make Kambi’s Sportsbook so successful.

Joni Hovi has been dedicated to the mission of government-lottery, with a focus on the sports integrity field, for more

than thirteen years. Joni joined Kambi in January 2016 and is applying his expertise and experience in the govern-

ment sector to support Kambi’s mission to be the most progressive sports-betting partner to government regulated-

lotteries. Prior to joining Kambi, Joni served at Veikkaus (the Finnish lottery) for ten and a half years, and served as an

advisor to the Viking group CEO’s (the Viking group consists of the 8 Nordic and Baltic national lotteries).

Sports-Betting: The Key to Unlocking New Markets and Attracting

New Consumer Groups to Government-Gaming Operators