The subject of Internet gaming, which has seen phenomenal growth as an industry and which has to been quick to set up shop in many Caribbean offshore jurisdictions, rears its head once more at the end of June when the Condado Plaza Hotel & Casino in Puerto Rico opens its doors to the operators and managers of Internet gaming companies for the Caribbean Gaming & Tourism Conference 2000.
Conferences on the subject of Internet gambling are a growing trend and this latest gathering claims to have as its main aims the separation of fact from fiction, a discussion of exactly how much money is being wagered, what new jurisdictions are waiting to go on-line and what the growth outlook is for the next three to five years.
Participating in the Opening General Session is Gary Collins, Chairman of the Antigua Gaming Commission, which recently sanctioned Internet gaming. He joins Sue Schneider, President of River City Group, a gaming consulting firm, and publisher of the electronic magazine, Interactive Gaming News. Schneider also serves as Chair of the Interactive Gaming Council (IGC), an 85-member trade association.
CGTC 2000 has some hot topics on the agenda including cashless gaming, customer care, casino crime and gaming as entertainment. As far as the offshore jurisdictions are concerned, Caribbean government regulators are to analyse the top trends and issues within their jurisdictions. The conference organisers are expecting to see an increase in delegates from all countries but particularly Panama and the Dominican Republic.
A major element of the conference is set to be a unique roundtable discussion involving gaming regulators from four Caribbean and Central American jurisdictions, who aim to bring together information from their respective jurisdictions on current regulatory issues, summaries of gaming activities, and a look at government's future role in Caribbean gaming. They will also discuss licensing requirements for operators and suppliers in their respective jurisdictions. Of course, the issues facing regulators today vary by jurisdiction and a problem in one area is not necessarily perceived as a problem in another, so the roundtable discussion should at the very least identify for all the differences in regulation between jurisdictions.
The conference will also focus on money laundering, a common problem for casinos around the world. The Caribbean Financial Action Task Force, based in Trinidad, plans to announce the latest in anti-money laundering controls and their impact on the region.
CGTC 2000 takes place June 27-29.
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