Gibraltar the venue for KPMG online gambling summit
News on 13 Jan 2012
News on 13 Jan 2012
Professional business services provider KPMG Gibraltar has announced that its second eGaming Summit will take place in Gibraltar, focused on once again bringing the industry’s major players and service providers together to discuss the jurisdiction’s potential and relevance in the global marketplace.
The Summit will be held on Thursday 19th April at the Caleta Hotel, and key stakeholders and decision makers will be invited to attend. Over 120 delegates attended last year’s Summit, both from Gibraltar and abroad, with interest expected to be even higher this year.
Mike Harvey, director of KPMG Gibraltar, says: “The eGaming sector has continued to show solid growth globally, despite economic uncertainty in the Euro zone and elsewhere. It is essential that Gibraltar remains at the forefront for the licensing and operation of these highly successful businesses, which is why we are running this summit again.
“It represents an opportunity to bring together all of the major stakeholders, both government and private, and to pool knowledge and understanding of the issues that might develop in the year to come.”
The morning session will look at the external factors that are likely to have an impact on the e-gaming community in Gibraltar, including key developments in the US, UK and elsewhere in Europe. In the afternoon speakers and delegates will consider how improvements in the way in which gaming companies provide services can reduce costs and maximise the customer experience.
Archie Watt, KPMG’s eGaming specialist, commented on the state of the sector and issues likely to be covered at the summit:
“The last year has been another breathtaking one for the e-gaming sector here in Gibraltar. Almost immediately after our last event the US Department of Justice seized the domains of PokerStars, Full Tilt Poker and Absolute Poker, and more recently they have made further important pronouncements regarding the Wire Act – the Summit will provide a valuable opportunity to debate the practical impacts of that development.
“I am also looking forward to hearing directly from UK officials on how they see their new regulations working, and the opportunity to hear from operators on how they are likely to react. This is really shaping up to be a fascinating day.”
