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Britain Holds Global Online Gaming Talks

16 Jan 2006

LONDON – As reported by Reuters: "Britain plans to hold global online gaming talks this year to seek support for its move to regulate the fast growing industry and help protect children from gaining access to the businesses' Web sites.

"The push for an international meeting comes after a booming but volatile Internet gambling market saw three big UK stock market floats in 2005, generating multi-billion dollar revenues.

"'We want to initiate a discussion about problem areas which include protection of children, advertising, money laundering and criminal infiltration,' said Anthony Wright, a spokesman for the Department for Culture, Media and Sport on Monday.

"…Online casinos and poker rooms form a market valued at up to $12 billion a year globally…"

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