U.S. Virgin Islands Can Offer Online Gambling

U.S. Virgin Islands Can Offer Online Gambling The U.S. Virgin Islands may soon manage to offer gaming that is online but many caveats abound. (Image source: Travel.usnews.com) Most Americans know the U.S. Virgin isles for the sunshine and beautiful beaches that they can check out without having to get yourself a passport. But because of a ruling that is recent the islands’ Attorney General, this vacation spot may soon become just as well-known as a property for on line gambling. Attorney General Weighs In V.I. Attorney General Vincent Frazer issued an impression to many other Virgin isles officials, stating that the 2001 V.I. law that allowed for Web gambling companies to run in the united states wouldn’t normally clash with any federal laws in america, meaning that the law could finally be used to enable the territory to host Web gambling companies. Until now, the territory had held off on actually allowing any online gaming to get ahead, because of warnings issued from the federal government. However, as is normally the case in these situations, things aren’t quite that clear cut. Regulations only permits two companies to operate as ‘master companies’ in the territory, shutting out any other potential operators. And at least one of those companies claims which they’ve lost a majority of their investors in the 12 years considering that the legislation has passed away, because of the uncertainty around whether they’d ever be able to offer gaming that is online players. Major Economic Impact If the two businesses were allowed to get forward with providing gaming that is online now, it may have a huge impact...
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