The U.S. Virgin Islands may soon have the ability to offer gaming that is online but many caveats abound. (Image source: Travel.usnews.com)
Most Americans understand the U.S. Virgin isles for warm weather and beautiful beaches that they could check out without being forced to get a passport. But thanks to a ruling that is recent the islands’ Attorney General, this vacation spot may soon become just as well-known as a house for on line gambling.
Attorney General Weighs In
V.I. Attorney General Vincent Frazer issued a viewpoint with other Virgin Islands officials, stating that the 2001 V.I. law that allowed for Web gambling companies to operate in the country would not clash with any laws that are federal the usa, meaning that the law could finally be used to enable the territory to host Web gambling companies. As yet, the territory had held off on actually permitting any online video gaming to get forward, because of warnings issued from the government that is federal.
However, as is normally the case in these circumstances, things aren’t quite that clear cut. Regulations only permits two companies to operate as ‘master providers’ within the territory, shutting out any other potential operators. And at least one of those companies says which they’ve lost most of their investors in the 12 years since the legislation has passed away, because of the doubt around if they’d ever be in a position to offer online video gaming t Read more