KPMG talks about the need of online games to be regulated

A report warns about the growth of online gaming in Argentina

(Argentina).- The report by the firm KPMG, “Online games of chance, risky play or safe bet?”, warns about the increment of this kind of bets, and the need of a regulation that still does not exist.
2010-04-20
Reading time 45 seg

In a press release, the company informed that "the possible incomes of games of chance operators, software developers, media and investors could increase in billions of dollars if the rumor that affirms that some countries will try to soften the norms that regulate the online betting market happens to be true”.

"The online games of chance market is expected to grow a 42%, from us$ billion in 2008 to us$ 30 billion in 2012 (according to the data brought by H2 Gambling Capital). The growth potential in the sector is huge, because some of the biggest markets such as United States, China, Japan and South Korea, currently ban online betting" , added the note.

"As long as the games of chance market grows, the industry will need to face the concerns on the matter. Security is key in this market and a reputation of integrity will be the most valuable asset that operators will have to manage to achieve. The industry will have to face and solve social concerns such as the control of the access of underaged people and the possibility that the gaming addiction is boosted by the online access.”

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