Just like it is happening in different regions of Latin America and the world, with some exceptions, the trend is to legalize gambling and regulate it instead of prohibiting it. To analyze the challenges of regulatory compliance and corporate governance in less mature jurisdictions, the law firm Lazcano Sámano will host a webinar with experts on Wednesday, May 1.
“The fact that there are more and more territories in which gambling is legal represents great expansion opportunities for foreign operators that have an extensive background in the sector,” the firm noted.
However, the law firm highlights that although it may be a commercial success to enter new markets, a question arises: How can we guarantee that the entry of these operators into less regulated jurisdictions does not mean putting at risk the regulatory compliance standards to which they are subject in their own countries?
This question arises because although much progress has been made in certain emerging economies or developing jurisdictions concerning the implementation of Corporate Governance (CG) practices, the truth is that they still do not have the same mechanisms as in the United States or the United Kingdom.
This topic will be discussed on May 1 at the Best Practices Webinar titled “Ensuring Compliance in Less Regulated Jurisdictions”, organized by the International Association of Gaming Advisors (IAGA).
The Latin American gaming law firm Lazcano Sámano will participate in this IAGA Webinar through its Chair Alfredo Lazcano, who together with high-level compliance executives Sam Basile, from GeoComply; Steve Kastner, from PlayDigital, IGT; and Stephen Martino, from MGM Resorts International – with the moderation of veteran expert in CG Michael J. Bonner of the international firm Greenberg Traurig – will analyze the challenges associated with entering emerging markets.