The Isle of Man said that as of Jan. 1, it would be allowing casinos based there to take bets from Americans for Judi Slot.
The island, located between Britain and Ireland, is a
so-called Crown Dependency, meaning that it makes its own domestic laws but relies
on Britain for defense and foreign policy.
The policy reversal is significant because the Isle of Man,
which first started licensing Internet casinos in 2001, initially sought to
attract blue-chip gambling operations by defining itself as a jurisdiction
offering rigorous regulation.
Initially, that policy seemed to pay off, Judi Slot. as some of the world's largest gambling operations,
including MGM Mirage, purchased expensive licenses to operate online casinos
there. But business was not as brisk as expected and six major casinos,
including MGM, have relocated from the Isle of Man or closed their Internet
operations altogether.
In December, the country's Council of Ministers voted to
reverse the policy discouraging online casinos located there from accepting
bets from the United States. Tim Craine, the head of e-business for the Isle of
Man, said that the country felt the policy change would help attract new
casinos - and the licensing and tax revenue they provide.
"There's a lot of business looking to Judi
Slot. relocate to a reputable, regulated jurisdiction," he
said, noting that, in particular, there are numerous poker rooms looking for a
new jurisdiction. "We're hoping to capitalize on that business" by
changing our policy.
He said that the policy change only affected wagers placed on
casino games and in poker games. The country still discourages casinos located
there from accepting sports bets placed from the United States.
Craine said the country made that distinction because it
believes that American law prohibits sports betting online, but not online
casino wagering.
U.S. prosecutors have said they believed casino games also
were prohibited under federal law; in either case, numerous state laws
expressly prohibit any gambling operations in the state that the legislature
has not expressly authorized.
Friday is the deadline for the United States to file its first
brief in the appeal, and the WTO has 90 days from last Friday's appeal to issue
a decision in the case.
Last year, some $7.6 billion was lost in wagers over the
Internet, according to industry analysts. The analysts said about half that
amount was lost by residents of the United States, a disproportionate sum
attributable in part to the relative high percentage of Americans who have
Internet access.
Numerous countries, including Britain, license and regulate
online casinos.
The level of regulation differs widely from country to
country, with some countries enforcing more rigorous regulations as a way of
helping the casinos that locate there to establish an identity as a reputable
casino.
The policies of those nations also JudiSlot. differ as to whether they accept bets from Americans. What
they have in common, though, is a desire to attract more Internet casinos,
industry analysts and executive said.
Mark Mendel, an attorney based in El Paso, Texas, who
represents the government of Antigua in its case against the United States,
said the competition to attract casinos has grown fierce. "It's
super-competitive," he said.
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