The World Gaming Expo Monaco, scheduled to take place in December 2018, has been postponed for 12 months.

Organizer Monaco International Events SARL issued a statement overnight revealing that it had been forced to create a “new business structure” in order to raise the required capital to further develop the event.

“For this reason, we’ve decided to postpone the second edition of the WGE to 2019, which will mark its renewal; a decision which sole purpose is to sustain the event from next year on,” the statement from Managing Director Igor Gamba said.

“The 2nd World Gaming Expo Monaco, thus to be held in December 2019, will be revamped and will welcome, under this new impulse, 60 exhibitors carefully selected and distributed over an area of 4000 square meters.

“Considering both the dates we’ve chosen in regard to the other trade shows and the worldwide reputation of Monte Carlo as a prestigious capital of gambling, the WGE is gaining growing interest from a variety of industry professionals and players around the world. Monaco has its legitimate place on the international scene and our goal is to make of WGE Monaco an unmissable event in the sector.”