|The Swiss Institute of Comparative Law is holding a conference that will explore the European approach to Internet gambling. The conference is to be held at Lausanne in Switzerland on February 12th and 13th.|
Entitled, “Law of Internet Gambling: From National Regulations to Global Solutions”, the event gives an opportunity to debate the problems and possible solutions the I-gaming industry must address in neutral grounds. Top regulators from across Europe are scheduled to attend.
A major solution to the legalisation of I-Gaming has been the free-market approach, where gaming operators are monitored by regulations. In Europe the UK has led the way in this stance. After a thorough review of England’s gambling policies restrictions will be relaxed opening the market to competition from new competitors, including online casinos.
The UK Department for Culture, Media and Sport is responsible for administrating these changes and will be represented at the conference by Clive Hawkswood. He will be providing a talk on the process the DCMS is going through and to implement regulations and explaining why the free-market approach was considered the best approach for the UK.
Prof. Bertil Cottier, organiser of the event and deputy director for the institute, has made things even more interesting by inviting people in the industry with opposite takes on the approach to I-gaming. For example Hawkswood will be sharing the same forum with the Danish Ministry of Finance, Peter Sehestedt. Denmark is actively protectionist towards I-gaming.
With over 100 internationally recognized experts expected at the conference it will be the first of its kind to deal with the most important issues of Internet law and technology. Cottier believes the top priority will be the discussion of a possible international regulatory agreement that could see I-gaming thrive across the globe.
Cottier expalins: 'The consumers will want to go with the jurisdictions where they know their money is safe and the operators are accountable for their actions. 'Likewise the operators will return because of technology advantages and tax structures that may match what is offered to them at the offshore jurisdiction.'