The British government has officially recognized that the net casino industry in Antigua and Barbuda is satisfactorily regulated and safe. The United Kingdom's Department of Culture, Media, and Sport has approved Antigua's application for whitelisting.
By being put on the whitelist, Antigua has qualified its locally-based Internet gambling sites to promote their services to citizens of the united kingdom.. Beginning November 21st, the ninety-six online casinos operating from Antigua may place ads to draw gamblers from Britain to their sites.
The British Minister of Sport said in a press release that he was "content that Antigua and Barbuda has the legal authority to manage gambling and that its current system of regulation and licensing provides a strong and adequately resourced framework to uphold our shared objectives: to stop gambling from becoming a source of crime; and to maintain gambling fair and open and to give protection to children and vulnerable people."
The announcement comes because 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 americans from wagering at these sites. The explanations given to dam these legitimate international businesses are the exact same refuted by the united kingdom investigation.
That is, the yank government says it's fascinated by protection of youngsters 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, leading to the whitelisting which verifies Antigua's governance of the web casinos.
Antiguan Minister of Finance Dr. Errol Cort expressed pleasure on the announcement, and Director of Gaming Kaye McDonald said, "THE UNITED KINGDOM whitelisting reaffirms our commitment to stick to strict principles within 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 just accept the lack of many of the American market, because of the law regarding payment transactions. Twenty-five not even allow American patrons. Perhaps the U.S... government should review the findings in their British counterparts.
Published on November 4, 2008 by TomWeston
Read More... [Source: US Casinos in the News]
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