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summit

gaming

Micky Swindale (Managing Director of KPMG Gibraltar), Russell Kelly (KPMG’s Director of Audit & Advisory) and Archie Watt (Head of eGaming, KPMG Gibraltar)

KPMG Celebrates 3rd Gibraltar eGaming Summit Success The KPMG eGaming Summit took place at the Caleta Hotel in April, marking the third in what is becoming one of the most popular events in the Gibraltar eGaming industry calendar. Drawing over 170 delegates from as far afield as Germany, the US, and Italy, and a selection of speakers including local government ministers, regulatory and legal experts, operators and infrastructure specialists, broaching issues as diverse as remote gambling, money laundering, UK tax law and online payments processing. Gibraltar’s Minister for Education, Financial Services, Gaming, Telecommunications and Justice, the Hon. Gilbert Licudi, QC welcomed delegates and opened the Summit with a spir-

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ited address which outlined the Government’s commitment to continuing to grow the sector in a manner which sustains Gibraltar’s reputation as a global leader in eGaming. Gambling Commissioner Phill Brear followed, providing an insight into the year’s activities from an

industry and regulatory perspective before moving onto the increasingly pertinent topic of social gaming, its evolution and licensing ramifications. A truly international delegation of panellists moderated by Stephen Ketteley then took over the morning session, as DLA Piper representatives from the UK, Madrid, Munich and Milan discussed the pressing issue of pan-European regulatory cohesion and its evolution, from the perspective of various member states. Elaborating on the topic, Kevin de Haan QC, explored the European Court of Justice’s struggle to balance economic freedoms with the need to protect consumers and raise tax revenue in an increasingly diverse European online gambling market. Following an onsite lunch sponsored by Hassans, KPMG’s Head of eGaming, Archie Watt, opened the afternoon’s session. Counting House’s Stuart Ballan then took over with a discussion concerning the fundamental changes in online payments technologies. An address by the co-founder of global firm Continent 8 Technologies followed, during which Michael Tobin discussed the firm’s significant role in entrepreneurial and economic development. Solicitor and Secretary of the Gibraltar Betting and Gaming Association, Peter Howitt of Ramparts Law provided an overview of the 4th Money Laundering Directive, which will prove of great importance to operators, regulators, GIBRALTAR MAGAZINE • MAY 2013

The Gibraltar Magazine - May 2013  

Gibraltar's fabulous business and leisure magazine. Crammed full of great features from finance to football, from fashion to arts. Enjoy i...

The Gibraltar Magazine - May 2013  

Gibraltar's fabulous business and leisure magazine. Crammed full of great features from finance to football, from fashion to arts. Enjoy i...