UK and European-focused gaming giant Ladbrokes criticised UIGEA
On Tuesday, 31 October, the UK government will be hosting the Remote Gambling Summit at Ascot Racecourse, where politicians from 30 countries will be gathered to promote and debate regulation of the online gaming sector.
Ladbrokes” statement voices the company”s support for the approach of the UK government. Spokesperson Ciaran O”Brien said: “The attempt to prohibit online gambling in the United States is doomed to failure. Over 20 million people play online poker in the United States and they will continue to play while there are sites willing to accept them. Unfortunately many of these sites will not adhere to standards of social responsibility or player protection.”
O”Brien added that gambling was a massive industry in the States and “the legislation there is aimed at protecting vested interests rather than consumers.
“The UK Government is taking the right approach enforcing high standards of regulation in return for licensing and regulation that protects and reassures consumers is the only way forward. This will ensure gambling is kept free from crime, is fair to the consumer and protects the vulnerable and under-aged.”
