International Masters of Gaming Law Tweets

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Wilsenach: Then came to Europe and found that companies are not as open and transparent (unlike US companies) and much more difficult.
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Wilsenach: Setting up a new system in South Africa, used American model., dealing with american companies which are open to disclosure.
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Andre Wilsenach, Executive Director, Alderney Gambling Control Commission: Have to remember there are real cultural differences.
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@kevinmullally: Need to understand the nature of people in law enforcement. So regulators have to serve as check to that mentality.
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@kevinmullally: Lawyers for licensees need to have experience in gaming AND must explain the seriousness/intensity of investigation.
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@kevinmullally VP/General Counsel at GLI, Missouri: Issues occur when applicant fails to understand the seriousness of the investigation.
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Bogot: Optics must be there. Let regulator know that the proper mens rea is there and things will usually work out. #imgl
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Bill Bogot, Partner Ungaretti and Harris, Illinois: Licensee had confidentiality agreements for employees including contact with regulator.
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Sand: Not putting forward all information makes for a bad start. Lipton: Moral of that story: Disclose, Disclose, Disclose!
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Birgitte Sand, Director, Danish Gaming Authority: Helped licensee get online early, but company had hidden structure. Lack of candor hurt
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Lipton: Some regulators are reluctant to step forward and address this issue. #IMGL #Florence
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Michael Lipton,Toronto moderates with Bill Bogot, Illinois; @kevinmullally , Missouri; Birgitte Sand, Denmark and Andre Wilsenach, Alderney.
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Day two of the conference begin in Florence, Italy. The first panel is How to Enhance your standing with a Regulator. #IMGL
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Panel is over. #IMGL #florence continues tomorrow at 9:00 am (CET). Join us here! See our website too: gaminglawmasters.com
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Quigley: The only major carve out in UIGEA is fantasy sports. It is the paramutuel nature of the fantasy sports that make it acceptable.
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Quigley: Only one state has allowed paper fantasy sports, but bans online fantasy sports -- Montana. But some have banned all fantasy.
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Isle of Mann has determined that fantasy sports sites are regulated. Eaton says "Bravo"
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Godinho: New generation of asian players, are more familiar with technology so possible that fantasy sports will slowly get popular in Asia
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Quigley: in US it is not regulated if it is fantasy sports, certain exceptions may exist on a state by state basis. But UIGA has a carve out
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Kelly: In Ireland the government has been very passive...there is just an absence of any concern at this time. #IMGL #FantasyFootball
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Sbordoni: Well developed fantasy league (soccer) in Italy. Played without money, still pressure to bring into a regulatory scheme.
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Quigley: Fantasy keeps getting closer to gambling; yet NFL is actively encouraging fantasy to the extent of their own channel gives spreads
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Quigley: NBA, NFL, MLB have affiliations with major sports betting operators to monitor integrity issues. #IMGL
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Eaton from International Centre for Sports Security: "If there is money, then criminals will look to get into it." #IMGL
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Eaton: For many reasons, the fantasy sports arena is growing so fast. But must be conscious of criminals trying to find a way into area.
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