New research released this week during the Global Gaming Expo in Las Vegas outlines regulatory reform priorities in the gaming industry.
All told, the AGA posted on its website following the publication of survey results, the data suggests that the majority of casino industry executives are optimistic about the future.
While eight out of 10 say regulation is faring “somewhat” (47 percent) or “very” (35 percent) poorly in keeping pace with change and advancements in technology, 69 percent anticipate regulators and the industry will find more common ground for improving in the future.
Also, an overwhelming majority (88 percent) of survey respondents think the regulatory community has become less rigid and more amenable to updating and modernizing regulations than they were a short time ago.
“Much of our industry’s success is due to our history of a strong regulatory system, but outdated approaches are hampering both the industry and the regulatory system,” says Judy Patterson, senior vice president and executive director of the American Gaming Association. “Moving forward, this year’s survey results give us insights into areas where we can make significant reform to strengthen both our business and the regulatory process.”
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