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Argentina looks at the impact of the new technologies in the gambling market

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Speakers at the “New Games, New Technologies” conference in Buenos Aires remarked that remote gambling is the future of the gambling industry.

Jorge Gimeno, Director of the Games of Chance Institute of the city of Buenos Aires, said that with the development of remote gambling by telephone, cell phones, Internet and interactive television, “clandestine gambling has less space to develop.”

José Pedro Pagano, a lawyer at Price & Cook said that the internet “generates a more private environment for those people who wish to gamble and don’t do it in an agency because they feel embarassed to do so.”

The managers of local betting and technology companies have agreed to the necessity of adapting their offers and updating gambling rules.

In separate news, the Vietnamese Government has instructed the Ministry of Post and Telematics to develop detailed online gaming regulations and corresponding licensing procedures for the provision of online games by December 2005.

As online gambling constitutes a growing and legitimate entertainment form, the government said it would strengthen regulations to minimize any negative influences it may have upon social development, especially among youth.