Great piece by Steve Ruddock about a seminar at last week's G2E in Las Vegas titled, "Inside Intelligence: Regulators Evaluation of Technology." The biggest takeaway here was the need for "streamlined, nimble regulations that can be seamlessly applied to new products as they emerge."

“You can’t look at each of these products as one off,” MGC Chair Steve Crosby told G2E attendees. “There’s a million of them and a million more coming.” Crosby was, of course, alluding to the never-ending cycle of games that legislatures are constantly looking into on a case-by-case basis, from online poker and casinos to daily fantasy sports and esports."

Crosby then ticked off the three things he believes make for efficient, nimble regulations: the type of regulations that can deal with and adapt to new gambling products as soon as they hit the market, without being bogged down in the legislature.

They were:

  1. Don’t prohibit something people want to do, because, as Crosby noted, “prohibition doesn’t work.”
  2. The nature of the regulations has to change because the industry changes.
  3. Define gambling more clearly. Crosby called the skill vs. luck debate taking place, “ridiculous… who cares.”
Here's a link to the entire article from OnlinePokerReport.com: http://www.onlinepokerreport.com/224...st-change-g2e/