UK Government Hosts Online Gambling Summit
Published: Saturday, October 28, 2006 Online-Casinos.com
UK GOVERNMENT HOSTS ONLINE GAMBLING SUMMIT
32 nations gather next week to collaborate on the best way to regulate online gambling
It's been on the industry radar for months; the keenly anticipated get together of senior government and private sector leaders from around the world to seek agreement on the sensible regulation of Internet gambling.
U.K. Culture Secretary Tessa Jowell next week will urge representatives of 32 nations to back a code of principles on internet gambling, the first major international measure to regulate the industry, ironically as the U.S. travels in the opposite direction and imposes a ban on online gambling financial transactions.
Britain, France, Germany, Spain, Italy, South Africa and many other nations on October 31 will meet at Ascot Racecourse outside London for talks hosted by Jowell. The nations will attempt to agree on a code of conduct for companies that offer gambling over the web.
Bloomberg business news service reports seeing a copy of the proposals, and indicates that the nations may commit to the idea that "remote gambling should not be a source of crime'' and that it "should be fair to the consumer and that the protection of children and vulnerable people should be a key objective.''
The European Union is pushing countries to scrap measures that protect domestic companies in gaming. On Oct. 12, regulators told members such as France and Austria to stop discriminating against international bookmakers and casinos.
Next week, delegates will discuss age and identification verification systems, including the role of government in smoothing access to high-quality data for gambling operators to identify customers, according to the documents drafted by U.K. officials.
They will also look at social responsibility associated with remote gambling, including the role of government and whether operators should be required to fund awareness campaigns on problem gambling or offer website links to counseling.
Delegates from each nation will be asked to examine whether there are any legal or ethical considerations around cross-jurisdiction treatment of problem gambling.
The U.K. government hopes the nations can broadly agree to "co- operate in development of and share best practice in protecting children and vulnerable people'' and to ``share findings of research into the remote gambling market.''
Jowell wants the International Association of Gambling Regulators to be at the centre of the dialogue between nations on how to handle internet gambling.
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