Online gambling is a major growth area for a number of offshore financial centres, and following the WTO's decision in the dispute between the US and Antigua & Barbuda, it is likely to become an even more popular source of business. Miles Benham reports on how this industry is being supported on the Isle of Man
March 09, 2005 at 07:03 PM
1 minute read
The original version of this story was published on Legalweek
The Isle of Man is one of the birthplaces of regulated online gambling. On the island, operators can obtain licences to conduct a variety of forms of gambling over the internet or by telephone. Bookmaking, casino games and poker are the most popular forms of online gambling.
The main factors to consider in choosing a jurisdiction from which to operate an online gambling site are its legislative framework and regulations, duty and taxation, bandwidth and infrastructure.
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