Ocean Village Hosts Key Players In E-Gaming Industry

Online, April 6, 2011 (Newswire.com) - Last week the fourth floor of Leisure Island Business Centre at Ocean Village was transformed into an exhibition-style space to host two significant e-gaming events. On Wednesday 400 delegates from newly formed Bwin.party descended on the marina-front commercial centre whilst Thursday saw 200 attendees for the KPMG e-Gaming Summit. Both reinforce Gibraltar's status as a premier gaming jurisdiction.

Brian Stevendale, Business and Development Director for Ocean Village, comments, "e-Gaming has contributed massively to Gibraltar's economy over recent years and creates considerable employment for local Gibraltarians. However, there have been many changes in the way that the industry is regulated, both on a national and international level, and the events of the past few days have provided a vital forum for debate. As a massive growth industry we expect e-Gaming to continue to have a huge impact on the Rock and will be providing office space for major players in World Trade Center Gibraltar when we open for business."

For Bwin-party, 31 March was a day to remember as the merger of Bwin and Party Gaming became official and the new entity traded for the first time on the London Stock Exchange. Now officially the world's biggest listed online gambling company, Bwin.party is licensed and headquartered in Gibraltar and makes a positive impact on the local economy.

For KPMG, Thursday's e-Gaming Summit kicked off with a rousing speech by Chief Minister Peter Caruana followed by an official KPMG welcome. Throughout the packed day's programme invited guest speakers from the Gibraltar Regulatory Authority, international law firm Hassans, eCOGRA (e-Commerce and Online Gaming Regulation and Assurance), RBS, worldwide iGaming payment processing company Counting House, venture capital firm The Lydia Group, Jackpot Games, Passoker, 3d casino designers Digital Strip, Gaming Sports Marketing and of course KPMG themselves, were able to provide their viewpoints on Gibraltar's potential in a global marketplace. The day rounded off with a panel session entitled 'Looking to the Future' and some well-earned post-event drinks in the company of the Passoker Interactive Experience.

Mike Harvey, Director for KPMG Gibraltar, said, "It is crucially important that Gibraltar continues to make itself an attractive jurisdiction for the licensing and operation of online gaming companies. This involves input from the Government, key industry players and service providers in finance, IT and a variety of other key sectors. This summit brought those key players together to discuss the needs of the industry as it grows and develops."

Contact Brian Stevendale, World Trade Center Gibraltar's Business and Development Director, on telephone 00 350 200 40048 or email [email protected].

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