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Montreal Summit Gives Some Companies Hope

Though attendance at the annual Interactive Gaming Summit & Expo in Montreal was down this year primarily because of United States’ UIGEA, some online casino companies left the summit with hope that the future of gambling in North America would be revived in the future. The summit featured special topic discussions and suggestions for online casinos looking for ways to still service the United States and benefit from the country’s wealth – as well as presentations on future legislation and re-legalization of online casinos in the U.S.

The presentations and suggestions for the executives show that the industry is willing to get creative in order to keep online casinos open to U.S. players. If internet gambling sites are willing to shift focus a bit, then recommendations for offering games of skill to U.S. players could revive revenues. Games of skill are gaining popularity in the United States because many players can not find ways around the anti-online casino legislation; some games include: backgammon, chess, pool, and more.

But some online casinos are still focusing on the internet gambling industry, and in that case, the companies should follow the debates and political backlash resulting from the UIGEA. Many in the industry claim that the UIGEA is simply unconstitutional – and experts think they may have a case. Other’s are focusing on how the UIGEA was passed, and want to focus attention on the fact that it as an 11th hour addition to a must-pass Safe Port Bill. An attorney for the Internet Gambling Association, Eric Bernstein, notes, “And remember, the act was tacked on to a safe ports bill at the 11th hour. Who will vote against safe ports post-9/11?”

And other online casino companies shared fairly easy ways to circumvent the UIGEA restriction on financial institutions. Since the financial institutions cannot accept payments from online casinos, the online casinos are accepting more anonymous forms of payment such as calling cards (Bodog.com), untraceable cheques, and other forms of pre-paid cards.