Gaming associations in America, Europe, and the UK join forces to establish a strategic conversation, aiming to tackle international gaming difficulties.
The European Casino Association, the American Gaming Association, and the Betting & Gaming Council have joined forces in a significant partnership aimed at advancing the legal gaming industry and protecting consumers globally. This collaboration, formalized by a memorandum of understanding, represents a coordinated industry response to safeguard regulated markets against illegal operators and establish uniform standards for responsible gaming practices.
Bill Miller, AGA President and CEO, expressed his enthusiasm for this partnership, stating that it is a significant step forward in advancing the legal gaming industry and protecting consumers globally. The European Casino Association endorses this partnership, echoing the sentiment that it is a crucial step in addressing key issues in the global gaming industry.
The roundtable, scheduled for January 2025, will bring together industry leaders, law enforcement officials, and regulators to discuss the impact of illegal gambling. The primary focus of the roundtable will be on addressing the challenges posed by illegal gambling on legal operators, consumer safety, and the global financial system.
The partnership intends to innovate around business best practices, strengthening licensing frameworks to maintain market integrity and player protections. Licensing fees and regulatory adherence are key components in Europe, as illustrated by the detailed Class A license procedures overseen by the BGC. The collaboration also aims to strengthen responsible gaming practices, with trustworthiness as a core principle for casino rankings and industry credibility.
The European Casino Association is committed to continuously strengthening player protections and security. The partnership is intended to ensure the continued growth and success of the legal gaming industry. The European Casino Association is eager to share the benefits of these learnings with its members.
This partnership also aims to expand the fight against illegal gambling to new fronts. The first initiative under this MOU will be the law enforcement roundtable focused on combating illegal gambling. The European Casino Association looks forward to participating in this roundtable and contributing to the ongoing efforts to combat illegality within the industry.
In a broader context, such industry collaborations contribute to national economic resilience and tourism recovery by aligning gaming regulation and innovation. The partnership between AGA, ECA, and BGC is a testament to the industry's commitment to fostering dialogue and cooperation across borders, ultimately aiming to safeguard the integrity of the legal gaming industry.
- The gaming industry, represented by the European Casino Association, American Gaming Association, and Betting & Gaming Council, will collaborate to innovate business practices, strengthening licensing frameworks for market integrity and player protections, as well as expanding the fight against illegal gambling.
- The partnership intends to advance responsible gaming practices, with trustworthiness as a core principle for casino rankings and industry credibility, contributing to the continued growth and success of the legal gaming industry.
- According to the memorandum of understanding, the gaming industry, law enforcement officials, and regulators will join forces in a roundtable discussion, focusing on the impact of illegal gambling on legal operators, consumer safety, and the global financial system.
