Gamers Flock to Iceland for EVE Fanfest Skip to content

Gamers Flock to Iceland for EVE Fanfest

Icelandic gaming company CCP’s annual EVE Fanfest, a harvest festival of sorts for the players of the massively multiplayer online role-playing game EVE Online, kicks off today and will continue through Saturday.

eveonline_ccp

From EVE Online. Courtesy of CCP.

According to Morgunbladid, gamers from all around the world are flocking to the country—1,200 foreign visitors are expected to arrive for the fanfest, both players and journalists.

The festival is held for the seventh time this year and has never been grander; it is estimated that it will deliver ISK 300 million (USD 2.6 million, EUR 1.9 million) in profits to the national economy.

The fanfest takes place in the Laugardalshöll arena and various events are planned all around town in connection with it. The fanfest will end with a concert by the German DJ duo Booka Shade.

In an interview on the news program Spegillinn on RÚV’s radio station Rás 2 yesterday, CEO of CCP Hilmar Veigar Pétursson talked about how the currency restrictions, or capital controls, are obstructing his company.

CCP’s employees in Iceland who get paid in foreign currency can neither withdraw their money in foreign currency nor transfer it to foreign accounts, he explained.

The company itself is barred from trading with a foreign bank because of the currency restrictions, he added, Icelandic banks are too small for such a large company—but they shouldn’t be any larger.

When asked whether this means CCP will relocate its headquarters, Pétursson replied, “Let’s hope for the best.” The currency restrictions should have been lifted by now, according to schedule, and hopefully it will happen in the near future, he added.

Earlier this month it was announced that the lifting of capital controls would be delayed.

Click here to read more about that story and here to read more about EVE Online.

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