11141622 - MY Level III Training Material

11/10/22

Risk Management

• Tribes must be sole

proprietors under IGRA • Operations: Maximize profits • Commission: Compliance

with law/regulation to protect tribal assets

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Suggestions to Mitigate Risk Separation of Operations and Commission

Commission Independence

• Each can/should have own mission • Separate management • No shared bosses • Need for clear policies to prevent centralized power • Gaming Ordinance – Authority and Independence

• Regulate licensure • Action on license • Policies – “how tos” • Regulate operations • Investigations • Audits • Compliance Reviews • Hearings

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