General Data Protection Regulation, abbreviated as GDPR, is a data protection legislation that will become mainstream come May 25, 2018, in both the UK and the EU. The new law is promulgated as an evolution in the protection of user data.  GDPR makes more demand for an organization’s accountability regarding the use of user data. It would add an extra layer to already established human rights.

When the General Data Protection Regulation comes into full force, consumers and customers will be given the explicit right to give their consent before their data can be captured and processed. Further, the GDPR has made it clear that this right can be taken back at any time as deemed necessary by the user. This implies that gambling establishments can be told to delete a user’s data by the same user if they considered such data irrelevant anymore and that your continuous possession of the data is illogical.

Data protection laws have been in place for quite some time. Since the past 20 years, data protection laws have mostly remained unchanged. Many have opined that the gaming industry would be impacted by the GDPR, and we are set to look at the impacts the GDPR will really have on the gambling industry.

Governance and Responsibility

With the new legislation, there is bound to be a significant emphasis on the compliance and the demonstration of protecting user right. This implies that gambling establishments will have to demonstrate they have safe and secure systems in place to handle customers’ records.

Also, the legislation expects that organizations would set up internal control policies for an ongoing regular check on the security of the data in their possession.

Security Breach

In any case of a data breach, the GDPR has been designed in such a way that data handlers would instantly be alerted using a notification regime system. Therefore, data handlers would have to report user data breaches to the appropriate authority or platforms within 72 hours of such incident.

In this way, gambling operators would have to ensure they identify and react to every act of security breach. In fact, they would make their internet security very tight so they can comply with the objectives of the General Data Protection Regulation.

Data Portability

The current data protection laws require that consumers have the all-important right to obtain copies of their data and or also request for those data to be transferred to another organization without hindrance.

How can gambling companies cope?

The fact of the matter is, gambling organizations are going to be hard hit by this new legislation. As a data-driven industry, with loads of information on their customers, it wouldn’t be long for individuals to starting questioning what their data is being used for, and then the streams of ‘remove data’ requests start inundating them.

So in the face of this imminent challenges, how should gaming companies respond to this onslaught?

Well, the first is to embrace a policy of openness and transparency – let users know explicitly why you need the information, how you’re going to process them, and how long you’re going to keep them. Secondly, conduct a thorough audit of your internal data handling process to ensure it satisfies the GDPR guidelines. Finally, hiring a compliance officer to oversee the regular and consistent adherence to the regulation will ensure the organization is on the right side of the new rules.

Traveling the world is an adventure no one has ever regretted. It is such an eye-opening activity that you would wish never comes to an end. Despite the fantastic offers such as the beautiful locations you get to visit, the animals you see, the people you meet, and much more; going on holiday to another country or visiting a new place doesn’t come cheap.

Although traveling the world isn’t a cheap thing to do, some places are more expensive than others. For example, the amount you would spend traveling to Paris and staying there for a month isn’t the same amount you would spend traveling and staying for a month in Alaska.

Several locations have their own unique offerings and these offering come at different prices. In this piece, we will take a look at the most expensive places you can visit on holiday.

Can you guess what places are on the list before we reveal them to you? See the list below.

Switzerland

Seen as one of the neatest and most peaceful countries to live in the world, Switzerland is such an attraction all by itself that its capital, Zurich, is visited both in the summer and in the winter.

Tourism-wise, Switzerland is a sleepless country. With the strength of the Swiss Francs coupled with astronomical hotel rates together with a high cost of living, Switzerland is quite an expensive country to visit. The average price of accommodation per night in Switzerland is believed to be around $200.

England

While the United Kingdom may not hold as much power as it did a hundred or more years ago, she is still one of the most expensive places to visit.

Although new locations like Dubai have evolved from around the world, London remains one of the top destinations for visitors. While the average cost of accommodation per night is lower than that of Switzerland, it is still around the $170 mark. If you are going with a spouse, you should also remember that taking a meal for two at a mini-sized food service establishment would cost you $60 on average.

Denmark

Denmark isn’t particularly known for her interest in world leadership or politics. This is a country that prides herself on the dignity of her people, national leadership, and an excellent environment.

In ancient times, the Vikings focused on attacking opposing countries; today, Denmark is a country millions of tourists want to visit every year. As a tourist, everything about Denmark is expensive. When you visit, you should have it at the back of your mind that the average cost of accommodation in this country is about $200, and you should prepare for more.

Singapore

Singapore doesn’t need any introduction. This is the country whose average citizen’s per capita income far exceeds that of the rest of the world.

You should still come prepared to shell out about $200 on average for a moderately rated accommodation. The thing is, Singaporeans are generally affluent, and so you should also come stuffed with enough dole.

Barbados

This is a premium tourist destination for the majority of the globe’s travelers; hence, It is not surprising to have this Caribbean island on our list.

A three-course meal would cost you above $150. You will spend $180 for accommodation on average. If these figures sound affordable, you shouldn’t stay back. Barbados is a place to be.

Winning the lottery may just be the luckiest way anyone can become rich. People have won hundreds of millions of dollars previously, and that is set to continue till probably, infinity.  While you may invest a lot of thought when picking the right figures, it is logical to admit that winning lottery is majorly a result of chance.

That said, how would you react if you won the lottery while on a trip?

Be Quiet

Regardless of where you were when you got a notification that you have won the lottery, try as much as you can to remain calm and collected. Of course, it is easier said than done; but the truth is you do not want to make a scene and attract all the attention to yourself that you have just won some millions of dollars.

Cool Off

Many people would tell you to start calculating your net worth and investing as much as you can. That’s one of the worst advice, you’ll get, and if followed through would likely lead to catastrophic results.

If you won the lottery while on a trip, continue your journey for an extra 30 days and never look back; this way, it is easier to think on those things you really want to do with the money. You don’t want to start paying off debts even before you receive the money.

Get a Reliable Financial Advisor

There is a probability that you have never had this kind of money before. Hence, you may need the professional help of a financial advisor who would help you weigh financial decisions before going ahead to execute any plan.

More so, your financial advisor should be the kind of person who isn’t just experienced about finance but also has vast knowledge about investment. This is important just in case you want to invest the money so your personal financial advisor can tell you the stocks to look at and those you shouldn’t; the ones that are safe, and the ones that aren’t.

Give Reasonably

At this point, many people would come to you saying they need this help and that assistance. While you are obliged to give to anyone who comes around, you should know that most of them just want to have a share of the cake. They do not have any need, they want to satisfy their greed.

Give yourself some treat

It is your money, and you deserve to spend as you wish. Endeavor to give yourself some delicious treat – visit more places if you need to. During times like this, some people would be afraid of spending too much which is normal. You should spend on your well-being and do so wisely. However, take care not to let this spiral into an uncontrollable maniac.

Learn to Say No

Finally, the power of No can be the difference between your present rich status and that of being broke. You know the one you prefer. Hence, not everything should be given consideration. Even few of those things that are given attention should be carried out.

To own an island is one of the wildest dreams anyone can ever have; but of course, we know dreams do come true. However, it is essential to have a plan or structure for the realization of dreams. The same thing applies to buying a private island. You have to put in place those elements that can help you realize this wild dream.

It is vital to understand that buying an island isn’t always an expensive thing. If you doubt this statement, ask British billionaire Richard Branson who owns Necker Island. Once you realize that islands can actually be affordable, we can move forward to the major points of this article. The procedure for buying an island is similar to the same process you’d take when purchasing any piece of real estate. However, there are some additional components you need to consider such as the nature of the surrounding waters and whether there’s a natural harbor there too.

So here are some tips you could follow.

Have a Budget

Just like any product you want to buy in the market, you need to create a pre-determined budget in order not to over-spend on the item or purchase additional irrelevant products or incur unnecessary expenses. It is possible that you may not have enough money to afford the island you really desire. In this scenario, you can go with two options.

One, you wait until you have enough money to purchase the island. Two, you keep looking for the perfect island that meets your budget. Richard Branson did the second.

Decide what you want to use the island for

While you may be looking forward to buying an island, there are different uses you can put it to. First, you may be looking forward to living there permanently. Second, you may be looking to make it a vacation location for you and your family. Third, you may want to use it to make money by renting it out. The fourth scenario is a combination of the first and the third – living there and renting it out. Many island owners go with the first and the second. However, the shrewd ones go with the first and the third.

Legal Documents

There may be the need to obtain some legal documents from the governments. Hence, you will need to know the documents you need to fill and the process involved in such before outrightly buying the island.

Get a Lawyer

The fact remains that laws vary from place to place, and from environment to environment. In this kind of deal or transaction, you need to involved lawyers that are particularly skilled and knowledgeable about laws that relate to properties and island purchase. Some countries do not allow non-citizens to buy real estate outrightly, but they can have it on a long-term lease. Hence, do not experiment with your money.

So there you have them; the above tips have been written to guide you when looking to purchase an island. Islands are one of nature’s most relaxing locations; you have to take strategic steps when planning to own them.

Have you ever asked yourself if there are any means by which you can earn some money while traveling? The truth is not everyone embarks on a journey and hopes to be back soon; some people go away for as long as three-six months. This category of travelers would be looking for some means through which they can earn some money. Nonetheless, there is another group of people who just want to take every opportunity to earn money.

Irrespective of the category you are, the primary point is that you want to earn something while traveling. In this piece, the focus will be exerted on how you can earn money while traveling. There won’t be things like claiming the Betfair bonus bets offer and gambling online – here, you will learn some of the ways by which visitors like you can add economic values to a foreign country.

Resort Jobs

While other jobs could have come on top of the list, we still find that certain establishments prefer using people from foreign countries for such resort positions as receptionist or entertainment department. The reason this is done is to attract foreigners’ attention which usually works.

Become a Freelancer

The term ‘freelance’ in this context, means trading your time for money on online freelance platforms which include Upwork, Fiverr, et cetera.

The advantage of this is that you are able to determine when to work. You can go have fun during the day, rest during the evening, and work at night. Also, it is a quick, hassle-free method of putting in some cash into your pocket while on the road.

Monetize Your Experiences

By monetizing your experiences, we mean you should use your presence in that location to make money. For example, if you are visiting the Eiffel Tower, you can monetize that experience by telling your friends or people in the online community that you will post their spouse’s name on the Tower. People would pay for this sort of service as you are doing something they have never dreamt of doing, and they might never do.

Travel Blogging

One of the perks that come with travel blogging is that you can keep a full-time job and still be a travel blogger all at the same time. All you need to do is figure out your holiday ahead of time.

Then, plan your holiday to be at a specific location or several locations. Take pictures and document your trip. You can start posting these pictures and edit notes on a regular basis that no one would know you took the trip all at once. You can do this full time or join it with a full-time job.

Teach a Language

Do you know any foreign language? You would earn a lot if you can teach a foreign language. You can exchange this service for money in schools or via internet platforms.