The organisers also cite the "political-social stability of Dominican Republic and the dynamism of its economy" as reasons for the move, as well as the country's continued expansion into the world of gambling with the application of the ‘Law against Money Laundering’ and its fight against illegal gambling.
The Summit will bring together the main regulators and actors in the sector with the objective of improving the mechanisms of regulation and exchange of information between companies and regulators.
The event is presented as the only meeting point that brings together regulators from all Latin American countries to strengthen government and business ties.
The Government of the Dominican Republic, through the regulatory agency of the Ministry of Finance, the Directorate of Casinos and Gambling, will act as the Institutional Ambassador of the meeting in its capacity as host. The Dominican associations of gaming will also participate in this event.
After its six previous editions, held in Madrid, Mexico City, Cartagena de Indias, Medellín and more recently in Lima, the Ibero-American Game Summit seeks to continue consolidating in the Latin American region.
The Dominican administration, along with other countries such as Peru, Chile, several provinces of Argentina, Paraguay and Brazil, is in the process of creating a regulation of online gaming in the face of the unquestionable development of this modality in recent years, as smartphones and access Internet are the spearheads of this niche, of great reception in other countries such as Spain, Portugal or Colombia.
“The Summit has been held twice in Spain, once in Mexico, twice in Colombia and once in Peru, countries of Latin America that have regulated, or are about to regulate online gaming. Therefore, we find it very interesting that the next country to receive the Summit is Dominican Republic, both for its current context and for its gaming tourism market and its geographical situation in Central America,” says the organizers.
Source: GMB
