Friday, December 4, 2015

Antigua Online Casino Industry Passes British Test For Safety

Beginning November 21st, the ninety-six online casinos operating from Antigua may place ads to attract gamblers from Britain to their sites.

Cherry Red Casino! The British government has officially recognized that the online casino industry in Antigua and Barbuda is sufficiently regulated and safe. The United Kingdom's Department of Culture, Media, and Sport has approved Antigua's application for whitelisting.

By being placed on the whitelist, Antigua has qualified its locally-based Internet gambling sites to advertise their services to citizens of the U.K. Beginning November 21st, the ninety-six online casinos operating from Antigua may place ads to attract gamblers from Britain to their sites.

The British Minister of Sport said in a statement that he was "content that Antigua and Barbuda has the legal authority to regulate gambling and that its current system of regulation and licensing provides a robust and adequately resourced framework to uphold our shared objectives: to prevent gambling from becoming a source of crime; and to keep gambling fair and open and to protect children and vulnerable people."

The announcement comes as the Antiguan people and the country's online casino industry continue to suffer economic damages from the United States' passing of the UIGEA in 2006, effectively preventing millions of American citizens from wagering at these sites. The reasons given to block these legitimate international businesses are the very same refuted by the UK investigation.

That is, the American government says it is concerned with protection of children and consumers, and adequate control and regulation preventing money laundering and shady business practices. All those concerns are addressed and dismissed by the British inquiry, resulting in the whitelisting which verifies Antigua's governance of the Internet casinos.

Antiguan Minister of Finance Dr. Errol Cort expressed pleasure at the announcement, and Director of Gaming Kaye McDonald said, "The UK whitelisting reaffirms our commitment to adhere to strict principles in the supervision and oversight of this global industry and our current high level of success at doing so."

Meanwhile, all ninety-six online gaming sites are forced to accept the loss of most of the American market, due to the law regarding payment transactions. Twenty-five no longer even allow American patrons. Perhaps the U.S. government should review the findings of their British counterparts.

Published on November 4, 2008 by TomWeston



offer
Top 10 NO deposit Bonus offers @

Read More... [Source: US Casinos in the News]

No comments:

Post a Comment