Regulatory body

A regulatory body is an organization established by a government to oversee the activities and enforce regulations within a specific industry, sector, or field. In the context of casinos and gambling, regulatory bodies are essential as they enforce rules and ensure fair play and transparency within the gaming industry. These entities work tirelessly to protect the interests of both players and operators by implementing standards surrounding licensing, auditing, financial reporting, and game fairness. By doing so, regulatory bodies help maintain the integrity of the gaming sector, prevent fraudulent activities, and provide a safe and secure environment for all participants.