Regulator’s roadmap for a positive future
Moderator: Marc Dunbar, Partner, Dean Mead, USA (MD) Speakers: Rene Janson, Chair KSA, Netherlands (RJ)
Caroline Congwa, Chief Strategic Advisor, National Gaming Board, South Africa (CC) Jaime Riviera-Emmanuelli, Executive Director, Puerto Rico Gaming Commission (JR)
Abstract: Regulators are key stakeholders on the road towards well-functioning, profitable and safe market conditions. Establishing sound policy objectives for gaming regulations is crucial. At the same time, can regulators impact their legislative framework, and can they influence the quantity and quality of their licensees? What needs to happen from the perspective of regulators in regulated markets and the industry at large?
MD: Thank you for sticking around for the final panel session. I’m going to encourage each of my panelists to introduce themselves and talk a little bit about their jurisdiction, because each one of them has a unique governmental structure in terms of how the regulator and the executive branch function, liaises with the legislative branch function and the regulated. So with that, Caroline, would you like to kick us off and give us a perspective on things from South Africa? CC: My name is Caroline Congwa, I’m currently heading the national gambling board in South Africa. We basically regulate four modes of gambling: casinos, limited powered machines, popularly known as ATMs and then we have bingo and licensed betting, taking of bets. Currently, online gambling hasn’t been legalized. There are talks for consideration in that regard, but we’re not at the point where it’s been legislated. In terms of our regulatory and policymaking structure, ordinarily, our gambling policy would be produced in consultation with the industry, drafted within the Ministry of Trade and Industry to which the national gambling board reports. That’s drafted and then shared with stakeholders. And then after stakeholders have been consulted on policy, gambling policy would go to cabinet and then the Minister for Trade and Industry will get it. That process is totally different from the the legislation itself, which is our National Gambling Act, which has to go to cabinet and then to Parliament and all the constitutional processes
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