5/7/19
§ First and foremost the Tribal Gaming Regulatory Agency is responsible for COMPLIANCE
§ But, many times the administrative processes take more time to deal with.
§ 5 Signs of a successful Regulatory Management organization
1. Fully developed regulatory documents :Many times our governing documents are outdated. 2. Fully DevelopedTraining ProgramFor All Positions in theTGRA : Identify the weak areas in your organization and get training.Many times the area need to get the most training is Technology (the management and use of technology). 3. A Developed Regulatory Management Plan : It is a trend right now that many TGRAs are operating in conjunction with the Casinos Business Plan.The Regulatory Management Plan should agree with the direction of the business plan. 4. Stable Funding : It is well known that the Commission does not generate any revenue, but it is necessary to have stable funding.Think about developing“value added reporting”processes. 5. Use of Tools :Many times we purchase many tools to help us be good at our jobs, but unfortunately those“tools”don’t end up getting used.
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