Revolving Regulators
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Revolving Regulators

Contributor, Global Gaming Business Magazine, Sept. 24, 2024

Most regulators have set terms and are often replaced by new officials who likely have little to no experience in gaming regulation, land-based or online. Shepherd has one reaction when a trusted regulator is replaced by an inexperienced one.

“Panic!” he jokes. “This is why it is so important to bring multiple parties from a regulatory body into the discussion regarding a client issue. Then you have the ability to reach a consensus decision instead of only a single party having been involved in the discussion and the result.

“It is also important to create a written record of the dialogue and the decision. Memories fade over time, and having a written record regarding the confirmation of a decision helps.”

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