Two leading gambling regulation bodies from Europe and North America have announced a brand new partnership, with a view to strengthening each other’s understanding of harm prevention.
Brand New Intercontinental Gambling Regulation Partnership
The Gambling Regulators European Forum (GREF) and the North America Gaming Regulators Association (NAGRA) announced a new collaboration this week, where both regulatory bodies will exchange new developments and noteworthy information on regulatory matters.
As part of the new agreement, around 100 organisations related to gambling regulation will be pooled together. It will likely bring together key figures in the regulatory landscape to speak at collaborative conferences, share framework being implemented by legislators, as well as the latest data emerging in relation to harm prevention.
The speed of change across the gambling industry in both continents is clear to see, with some 38 states in the USA now allowing citizens to legally wager, with that number growing year-on-year.
In Europe, stringent measures in the UK’s gambling White Paper earlier this year were announced, in order to catch-up with the demands of online betting, while shake-ups from legislators in Finland and Italy in recent years highlights a need for a greater understanding of gambling regulation.
Chairwoman of GREF, Isabelle Falque-Pierrotin said: “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.
“Regulators of GREF and NAGRA face the same issues and I believe that this collaboration will improve the protection of our consumers.”
Ryan Winfield, President of NAGRA, added: “The power of partnership and collaboration between GREF and NAGRA is important in this ever-evolving industry.”
The UK’s Gambling Commission director Tim Miller, praised the decision from both gambling regulation bodies to form an exchange, calling it “another important step forward in taking an international approach to making gambling fairer, safer and crime-free.”