In a significant move toward creating a more secure betting market, the Gambling Regulators European Forum (GREF) and the North America Gaming Regulators Association (NAGRA) have joined forces in a strategic partnership. This collaboration fosters stronger ties and knowledge exchange among gambling regulators across continents.
Building Bridges: Regulatory Unity Across Europe and North America
This alliance will benefit approximately 100 regulating organizations from Europe and North America. GREF and NAGRA plan to facilitate robust collaboration by organizing joint meetings for their relevant interest groups. The partnership also includes extending invitations to attend and speak at each other’s annual conferences. Additionally, both entities will co-host seminars addressing emerging regulatory risks across North America and Europe.
Isabelle Falque-Pierrotin, Chairwoman of Autorite Nationale Des Jeux and the Chair of GREF, emphasized the global concern surrounding excessive gambling risks and the expanding gambling markets. She stated, “With a public opinion across the globe more and more concerned about the risks related to excessive gambling offer and with the increase of gambling markets and innovations, exchange between regulators worldwide is crucial.”
Empowering Consumer Protection: A Shared Mission
Falque-Pierrotin expressed confidence that collaboration between GREF and NAGRA would enhance consumer protection. Ryan Winfield, President of NAGRA and a Arizona Department of Gaming representative, stressed the importance of partnership in an ever-evolving industry. He acknowledged the imperative to connect with other organizations to stay informed and serve communities effectively.
“The changing landscape and the future of gaming make it imperative that we reach out to other organizations in the industry in order to remain informed as we tirelessly serve our communities. This commitment to collaboration and communication will serve people across the globe,” added Winfield.
Global Recognition: Praise from Industry Leaders
In a LinkedIn post, Tim Miller, Executive Director of the UK Gambling Commission, lauded the partnership between GREF and NAGRA. He deemed it “another important step forward in taking an international approach to making gambling fairer, safer, and crime-free.” Miller’s acknowledgment highlights the global recognition of the collaborative effort as a positive stride toward ensuring the betting industry’s integrity.
NAGRA: A Diverse Regulatory Coalition
NAGRA comprises federal, state, local, tribal, and provincial government agencies responsible for regulating legalized gaming activities. The association plays a pivotal role in shaping the regulatory landscape across North America.
GREF: A European Hub for Regulatory Exchange
On the European front, GREF is a platform that brings together gambling regulators from across the continent. Their discussions encompass a wide array of issues, including regulation, supervision, operator control, and the broader gambling industry.
As the betting market continues to globalize, collaborative efforts like the one between GREF and NAGRA signal a commitment to address challenges collectively. The exchange of knowledge and joint initiatives underscore a shared vision for a safer, more responsible betting environment on a global scale. Bettors can look forward to a future where regulatory entities collaborate seamlessly, ensuring a secure and enjoyable experience across diverse markets.
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