11/10/22
Even if a Government has Adopted an Excellent Gaming Ordinance Establishing a Well-Funded, State- of-the-Art Regulatory Structure with Clearly Defined Authority, Powers, Responsibilities, and Functions, there is NO Guarantee that the Agency will be Effective
A Regulatory Agency Cannot Be Effective without the Trust and Support of the Government that Created it.
Commitment to the System
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The Importance of Oversight
Governmental Support and Trust 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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