A partnership was initiated by the International Gaming Standards Association (IGSA) and the International Association of Gaming Regulators (IAGR) to optimise opportunities for fair and effective gaming regulation.
Over the next 12 months, the project will concentrate on two main priority areas, one of which will include the discussion and sharing of information on established and emerging issues affecting regulatory policy and practise.
In addition, the goal of finding opportunities to exploit standards and technologies to advance efficient and effective gaming regulation is also emphasised by both parties.
IGSA president Peter DeRaedt said of the initiative: “IGSA is the single technology standards setting organisation in the gaming industry. We strongly believe that collective dialogue with regulatory authorities on an international level is crucial to enhance regulatory oversight while driving efficiencies for operators and suppliers.
“Our collaboration with IAGR is an enormous step forward towards the betterment of the gaming industry as a whole. Our organisation is very excited about the opportunities this new collaboration presents.”
Both organisations say that they “look forward to the outcomes of this collaboration over the next 12 months,” as well as building on the moving forward framework.
Mabutho Zwane, IAGR president, added, “As regulators, we recognise that dialogue with industry is fundamental to both understand the sector and make informed decisions which can advance efficient and effective gambling regulation.
“This is particularly important at this time where there is opportunity to leverage technology to drive innovation in regulatory practice.”