June 9 - The Government of Jersey, a sovereign state in the Channel Islands,
has announced is plans to become the latest state in the region to issue online
gambling licenses, following the success of its neighbor, Alderney...
|
Advertisement |
|
|
Numerous online gambling sites currently have offices in Jersey. Some just
use the Island for tax benefits, whilst other run part of their operations from
there. jersey will now take another step into the market as plans are in place
to issue online gambling licenses.
A three member Gambling Commission has been set up with the mandate to define
and implement probity and regularity requirements that operators will be
required to adhere to.
The move is seen as positive, especially considering the fact that many
offshore gambling companies have offices on the Island. A spokes person for an
E-commerce based on the Island commented that he was aware of many gambling
companies who have displayed interest in using the Island as a licensed
jurisdiction, but were concerned as no regulatory framework was in place. The
move shows that Jersey is serious about entering the offshore licensing market.
Alderney, widely regarded as one of the most stringently regulated offshore
gambling jurisdictions, has licensed some of the largest online gambling brands
and has proven that it is a lucrative income earner for its government. A
license in Alderney comes at a cost of GBP 75 000.
Related Gambling Articles:
- Soccer World Cup - Australia Betting Update - 06-11-06
- Soccer World Cup - Saturday Results And Betting Update - 06-11-06
- Online Casino And Sportsbook Adds Support For Ukash - 06-11-06
- World Cup Soccer Betting Blog And Latest Results - 06-10-06
- Online Sportsbook Expands Soccer World Cup Betting Odds - 06-08-06
- Demonizing Online Gambling - An Editorial -06-08-06
- World Cup Soccer Starts Tomorrow - 06-08-06
- Win Funded Online Casino Accounts During Soccer World Cup - 06-08-06
|
Del.icio.us
Digg
Google
Spurl
Furl
Simpy
Y! MyWeb
OnlyWire
Redit
StumbleUpon
Technocrati