AGA, ECA and BGC sign Memorandum of Understanding
The agreement between the AGA, ECA and BGC aims to tackle illegal gambling and improve responsible gaming practices across borders, marking a significant step in international collaboration.
Key points:
– The agreement formalises collaboration between the three organisations
– Areas of focus include illegal gambling, responsible gaming and innovation
– The first initiative under the MOU will be a law enforcement roundtable in January 2025
The American Gaming Association (AGA), European Casino Association (ECA) and Betting & Gaming Council (BGC) have entered into a memorandum of understanding (MOU) to address shared priorities within the global gaming industry.
The MOU aims to facilitate cooperation on issues such as illegal gambling, responsible gaming practices and industry innovation.
According to a joint statement, the MOU is intended to provide a framework for the three organisations to collaborate on research projects and share expertise.
This partnership is seen as a coordinated effort to address key challenges that affect gaming operators and consumers in multiple jurisdictions.
The MOU outlines specific areas of focus, including the mitigation of illegal gambling operations and enhancing responsible gaming standards.
Each organisation will contribute resources and knowledge from their respective markets to support these efforts.
The first initiative under the agreement will be a law enforcement roundtable, scheduled for January 2025. This event will bring together stakeholders from the gaming industry, law enforcement agencies and regulatory bodies to discuss the impact of illegal gambling on the legal gaming market.
Topics will include strategies for improving cross-jurisdictional communication and developing solutions to combat unregulated gambling.
The AGA has previously brought attention to the growing legal gaming market in the US. The association recently projected that legal wagers on the 2024 NFL season would reach $35bn, an increase from the $26.7bn estimated for the 2023 season. The growth is attributed to the expansion of regulated sports betting markets in several US states, including Maine, North Carolina and Vermont.
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