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Even if aGovernment has Adopted an Excellent GamingOrdinance Establishing aWell-Funded, State- of-the-Art Regulatory Structure withClearly DefinedAuthority, Powers, Responsibilities, and Functions, there is NOGuarantee that theAgency will be Effective
A RegulatoryAgencyCannot Be Effective without theTrust and Support of theGovernment that Created it.
Commitment to the System
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The Importance ofOversight
Governmental Support andTrust are Prerequisites to Effective Regulatory Agencies It is Antithetical to Human Nature, however, to Place a High Degree of Trust in an Entity that Possesses Tremendous Power over which one has Limited Capacity to Control, Particularly where the Entity has the Power to Affect the Financial Health of one’s Most Valuable Asset
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