Casino News

Trust increased by publicly listed companies

2006-11-16 15:52:21

A leading industry figure has said that the rise in the number of publicly listed online gaming companies has led to a rise in confidence in web-based casinos.

Professor Bill Eadlington of the Institute for the Study of Gambling and Commercial Gaming, speaking to the WWMT publication this week, commented that such companies have now become vital factors in the gambling industry as a whole.

Professor Eadlington said that developments such as the increase in the number of companies publicly trading in the UK, have made the industry increasingly reliable.

"What this has done is increase integrity levels, the trust in the game. Sites have benefited from becoming a legal regulated industry. There have been a number of publicly traded companies in the UK, Gibraltar or Malta who have a level of confidence with players especially around internet poker and sports wagering," he commented.

The UK government recently urged more companies to come on-shore in order to be adequately regulated, though talks between the industry and government later broke down due to concerns over taxation levels.


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