The island nation’s ties to British government and online gambling are benefitting the economy.
Wednesday 31st December 2008
As previously reported and predicted by OnlineCasinoNews.com and other major online gambling sites, the island nation of Antigua and Barbuda have experienced a recent surge in their online gambling industry.
Recent foreign approval from the British Department of Culture, Media and Sport regarding Antigua’s operations mean that many online casino operators are looking to set up base camp in the country.
The UK’s influence is seen as the major factor in the recent boom, and a major newspaper there is reporting a budget increase of 100% for the online gambling industry. The British Government has recently granted “white-listing” which applies stringent regulations to the Antiguan online gambling industry, thus making it safer and more trusted.
Kaye McDonald, director of gaming for the Antiguan commission, said: “'Key personnel, key management and key operators are required to be in Antigua and Barbuda. This is of utmost importance.”
