In a significant move for the global gaming industry, the American Gaming Association (AGA), European Casino Association (ECA), and Betting & Gaming Council (BGC) have signed a memorandum of understanding (MOU) aimed at addressing shared challenges. The agreement, announced today, signifies a collaborative effort to confront key issues like illegal gambling, responsible gaming, industry innovation, and security. By pooling resources and expertise, the three organizations are committed to advancing the legal gaming industry and protecting consumers worldwide.
Bill Miller, President and CEO of the AGA, emphasized the importance of the new partnership, stating, “This new partnership is a significant step forward in our collective efforts to advance the legal gaming industry and protect consumers around the globe.” He noted that the collaboration would help expand efforts to combat illegal gambling, strengthen responsible gaming practices, and promote innovative business solutions. According to Miller, this dialogue across borders is essential for safeguarding the integrity of the industry and ensuring its continued growth.
Strengthening Industry Collaboration
The MOU establishes a framework for joint research projects and facilitates knowledge-sharing between the organizations’ members. This collaboration will enable the associations to tackle industry challenges more effectively by leveraging each group’s unique strengths and resources.
Erwin van Lambaart, Chairman of the European Casino Association, expressed the ECA’s strong support for the initiative, saying, “The ECA fully backs this initiative and supports the ongoing efforts to rigorously combat illegality within our industry, continuously strengthen player protections and security, and ensure the creation of an environment that fosters innovation and growth within the gaming community.”
One of the partnership’s first major initiatives will be a law enforcement roundtable in January 2025 addressing illegal gambling. The event will gather industry leaders, law enforcement officials, and regulators to discuss the effects of illegal gambling on the legal industry, consumer protection, and global financial systems. The roundtable will also explore ways to improve cross-jurisdictional communication and develop actionable strategies to mitigate the risks posed by unregulated gambling.
A Shared Vision for Responsible Gaming
Betting and Gaming Council CEO Grainne Hurst highlighted the importance of the collaboration in enhancing safer gambling standards. “This partnership marks a new chapter in our shared vision to build a world-class, trusted, and sustainable betting and gaming industry,” she said. Hurst praised the reputation of BGC members as global leaders in the field and pointed out that working together with the AGA and ECA would be critical in tackling the growing unregulated gambling black market, particularly in the UK.
The MOU emphasizes the shared commitment of the three organizations to ensure a sustainable and responsible gaming industry. By addressing challenges like illegal gambling and enhancing security measures, the partnership aims to protect consumers and promote a healthy gaming ecosystem. Each organization brings a wealth of experience and leadership to the table, further strengthening the industry’s efforts to combat illegal activities and foster responsible growth.
With the MOU in place, the AGA, ECA, and BGC are taking a proactive stance on some of the most pressing challenges facing the global gaming industry. Through ongoing dialogue, joint initiatives, and shared expertise, this partnership is poised to drive meaningful progress in the areas of responsible gaming, security, and innovation. The upcoming law enforcement roundtable in 2025 will be a crucial first step in the fight against illegal gambling, setting the tone for future collaborations.
As the global gaming industry continues to evolve, partnerships like this one will play a vital role in ensuring its continued success. By working together, the AGA, ECA, and BGC are not only addressing current challenges but also paving the way for a more secure, responsible, and innovative future.
Source:
“American Gaming Association, European Casino Association, and Betting & Gaming Council Forge Strategic Dialogue to Address Global Gaming Challenges“ Betting and Gaming Council, October 10, 2024.
The post AGA, ECA, and BGC Join Forces to Tackle Global Gaming Challenges appeared first on Casino News Daily.
