Casino regulatory regime that is a model for others

By Mark Zuckerberg

THE REGULATORY REGIME GOVERNING THE CASINO …

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A gaming control board (GCB), also called by various names including gambling control board, casino control board, gambling board, and gaming commission) is a government agency charged with regulating casino and other types of gaming in a defined geographical area, usually a state, and of enforcing gaming law in general. The official name of this regulatory body varies among jurisdictions

But in considering these and other changes, we will not weaken the essential elements of the existing regime that guard against another financial crisis. Second--and here is an affirmative argument for rationalization measures--we need to have a more explicit and thorough tiering of requirements within the prudential regulatory regime.