Rigorous and effective regulation is a hallmark of the gaming industry. In fact, a strong regulatory environment is essential to maintaining the integrity of the business.
However, advances in technology and the corporatization and globalization of the gaming industry have changed the business. Technology has also changed the tools available to regulators. Unfortunately, regulations have not kept pace with these developments. Many regulations that may have made sense when they were first adopted are no longer practical or effective at meeting their intended aim.
In order to stay on top of the rapidly evolving technology embraced by our industry, as well as to minimize redundancies and capitalize on business trends, the American Gaming Association (AGA) continues to discuss and review regulation. In 2011, the AGA commissioned and released a white paper detailing 10 broad-based reforms. While some states have taken steps to make positive changes since the paper's release, advancing these reforms remains one of the AGA's key priorities.
These recommendations will allow businesses and regulators to better adapt to evolving technology. They will improve access to financing and help the industry better respond to changing market conditions. They will allow and encourage increased industry innovation. And they will free regulators and licensees from processes that no longer meet needs. They will do all of this while maintaining the integrity our industry is known for.
More recently, the AGA released an additional white paper specifically addressing reform of rules and regulations governing the shipment of electronic gaming machines. Though this regulatory effort covers a relatively simple activity, the varying requirements among different jurisdictions create a complex and costly administrative burden for manufacturers, operators and regulators alike.
This section of the AGA website serves as a one-stop shop for resources and information related to gaming industry regulatory reform, why it’s necessary and how we can achieve it. The site will be updated regularly to reflect current activities and new resources available on the issue. Click on the links below for:
- MISSION: An overview of the AGA’s position on regulatory reform
- WHITE PAPERS:
- RESOURCES: Access additional tools to help you learn more about the issue, including a glossary of key terms and various presentations related to regulatory reform
Want to stay up-to-date on all the latest regulatory reform news from the AGA? Follow the AGA on Twitter and Facebook for real-time updates.