NGISC

WASHINGTON, D.C. — “The verdict is in, and the accused has been exonerated,” Frank J. Fahrenkopf, Jr., president and CEO of the American Gaming Association (AGA), declared today upon the official release of the National Gambling Impact Study Commission’s final report.

Mr. Chairman and members of the Committee, thank you for the opportunity to present testimony on H.R. 497, the National Gambling Impact and Policy Commission Act. As president and CEO of the American Gaming Association, I am submitting this testimony to officially make clear our membership position on this legislation. The American Gaming Association’s membership includes most of the industry’s largest publicly—traded gaming—entertainment companies and companies licensed to manufacture and distribute gaming equipment.

Chair James and members of the Commission, thank you for the opportunity to address you this morning as you continue your work on this important Commission.

Thank you for that kind introduction. It’s good to be here with you this morning.

Madam Chairman and members of the commission, I appreciate having this opportunity to offer my thoughts on what has been an interesting 20 months or so. I believe we have all been through an extremely useful process and that much has been learned.

Mr. Chairman and members of the gaming board, I appreciate the opportunity to address you today. My name is Frank J. Fahrenkopf, Jr., and I am president and CEO of the American Gaming Association, the national trade organization representing the commercial casino segment of the gaming industry, which consists primarily of publicly held companies listed on the New York, American and NASDAQ stock exchanges.

Mr. Chairman and members of the commission, I appreciate the opportunity to address you today. My name is Frank J. Fahrenkopf, Jr., and I am president and CEO of the American Gaming Association, the national trade organization representing the commercial casino segment of the gaming industry, which consists primarily of publicly held casino companies listed on the New York and NASDAQ stock exchanges, including most of the names consumers are most familiar with in our industry: Harrah’s Entertainment, MGM MIRAGE, Park Place Entertainment and many others.

Madam Chairman and members of the committee, I appreciate the opportunity to address you today. My name is Frank Fahrenkopf, and I am president and CEO of the American Gaming Association, the national trade organization representing the commercial casino segment of the gaming industry, which consists primarily of publicly held casino companies listed on the New York and NASDAQ stock exchanges, including most of the names consumers are most familiar with in our industry: Harrah’s Entertainment, MGM MIRAGE, Park Place Entertainment and many others.

I appreciate the opportunity to participate in this forum with you today. My name is Frank Fahrenkopf, and I am president and chief executive officer of the American Gaming Association, a trade organization representing the commercial casino segment of the gaming industry in the United States.

It’s good to be with you today. As the program duly noted, my boss, Frank Fahrenkopf, has made it a point to attend this conference every year for the past nine years — which means he’s been here every year since the AGA was created in 1995. Unfortunately, he could not be here today, but he didn’t want the streak to end at nine, so he asked me to fill in for him this year.