Positive Attitude at iGaming Expo

Positive Attitude at iGaming ExpoLast week, The Hotel Rey Juan Carlos, in Barcelona, was host to this years' European I-Gaming Expo. The event was coordinated by The River City Group and ATE, a business data supplier.

By Owen B | Oct 29, 2002
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For the first time, The European I-Gaming Expo., assembled more than 275 representatives from 22 countries to discuss sprouting Internet gaming matters and wagering. As the US beats around the bush with up in the air regulations on gambling and outright banning Internet gaming, European authorities are power pushing towards a better regulated and superiority guarded Industry as they take it upon themselves to mark its foothold in the region. As it stands now, Europe seems to have come full circle, providing a more positive outlook on the issue of online gaming, thus authorizing leading land-based gaming trademarks in Alderney and The Isle of Man to operate. This positive notion puts Europe a head of the game, presenting the regions gaming Industry with a new arena, looking towards reaching its ultimate potential.

Prohibition, Cross border gambling and Pan-European regulations, were among the other main topics brought forth at the meeting. Steve Donoughe, an executive from the Gambling Consultancy, noted that the greatest menace to hit the gaming Industry is the issue of reliable online payment services. Mr. Donoughe also commented on the recent policy changes from Us Banks and credit card companies not accepting transactions made for gaming purposes, which had set out a commotional stir running through the Industry, fearing a disastrous fall to the rightful trade. He summed it up by saying, "We can´t rely on the US to sort this out. We need a European solution."
 
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