Gaming Compliance is a necessary component of operating a successful company in the regulated gaming markets. Gaming Compliance is actually made up of two components, Legal Compliance and Technical Compliance.
Legal Compliance is required of licensed gaming companies and entities in order to maintain strict adherence with the rules and regulations of a gaming jurisdiction.
This may entail such administrative activities:
- as timely licensing
- license renewals
- update relating to the structure, individuals and major impacting activities of your company and its operations
Legal Compliance may also include:
- the creation, establishment and administration of a Corporate Compliance Committee within your company in order for the company to engage in due diligence activities
- to provide evidence of good faith corporate compliance with the relevant Federal, State, Local and Tribal regulations of your targeted gaming business operations and endeavors.
Technical Compliance is required for any gaming products which your company may intend to manufacture, distribute or operate in a regulated gaming jurisdiction as a gaming company licensee. Most state, tribal and foreign gaming jurisdictions have adopted certain technical standards for which your gaming product must meet and adhere to. The operation of a gaming product which is required to be licensed as meeting the definition of a Gaming Device must first be examined and tested for certain technical compliance requirements by an independent game testing laboratory. Once your product fully complied with the required and adopted technical standards of your market targeted gaming jurisdiction, you would then place your approved product on a casino or gaming floor on a beta or field trial to determine whether your finished and certified gaming product will maintain the necessary player appeal to make your game a success.
I will assist and guide you through the complex maze of Legal and Technical Compliance requirements so that you may meet and comply with these necessary regulatory guidelines. By doing so will lend to your successfully bringing your product to market and to maintain your company operations within the required guidelines of the regulated business market that you will engage in.
Call Glenn at +1 702-250-0873 or use our online contact form to find out
how he can help you regarding the need of a Gaming Compliance Attorney.
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