Kevin Mullally: The UAE opportunity
đïž NEXT.io Podcast #263 with Kevin Mullally, CEO, International Association of Gaming Regulators (IAGR)In this episode, Pierre sits down with Kevin to break down the current state of the UAE's iGaming market, the global battle against the black market, the fracture inside the American Gaming Association, and why prediction markets may be gambling's next regulatory crisis.Kevin Mullally built one of the most closely watched new gaming regulators in the world from scratch, in under six months. As the former CEO of the UAE's General Commercial Gaming Regulatory Authority (GCGRA) and now CEO of the International Association of Gaming Regulators (IAGR), Kevin brings a rare perspective on what modern regulation should look like and what the global industry is getting dangerously wrong.â° Timestamps:00:00 - Intro00:42 - Sponsor messages02:01 - Introduction: Kevin Mullally & UAE market overview02:59 - Building the UAE regulator from scratch05:31 - Rethinking regulation: compliance vs enforcement08:46 - Policy goals: why the UAE regulates gaming10:13 - UAE strategy: ecosystem over revenue 13:43 - Land-based market structure (Emirates approach)16:47 - Licensing progress: Wynn, lottery & early milestones18:32 - Online market structure & licensing model22:25 - B2B opportunity: âtechnology should leadâ25:02 - Case study: Yolo & entering the UAE market30:14 - Relationship-first approach to market entry33:29 - IAGR: global regulation & role of collaboration37:06 - The black market problem (global perspective)39:14 - Regulation vs illegal markets: growing tension44:43 - What works in fighting the black market46:04 - Need for global collaboration48:25 - Prediction markets vs regulation50:01 - State rights, consumer protection & policy conflict53:03 - Future of regulation: need for global dialogue56:00 - Closing thoughtsđ SUBSCRIBE TO THE PODCASTYouTube: https://www.youtube.com/@nextdotio/podcasts CONNECT WITH NEXT.IOâ© Website: https://next.io/This episode of NEXT.io is brought to you by:Pragmatic Solutions â Leading iGaming platform technologyhttps://pragmatic.solutions/Pragmatic Play â Industry-leading content providerhttps://www.pragmaticplay.com/en/Sponsored by:Hard Rock Games: https://www.hardrockgames.com/