U.S. Virgin Islands Could Possibly Offer Online Gambling

U.S. Virgin Islands Could Possibly Offer Online Gambling

The U.S. Virgin Islands may soon manage to offer gaming that is online but many caveats abound. (Image supply: Travel.usnews.com)

Most Americans know the U.S. Virgin isles for summer and beaches that are beautiful they can see without having to get yourself a passport. But thanks to a current ruling from the hawaiian islands’ Attorney General, this vacation spot may soon become simply as well-known as a house for on line gambling.

Attorney General Weighs In

V.I. Attorney General Vincent Frazer issued an impression to other Virgin Islands officials, stating that the 2001 V.I. law that allowed for Web gambling companies to run in the nation wouldn’t normally clash with any federal laws in the United States, and thus the law could finally be used to let the territory to host Internet gambling companies. Until now, the territory had held off on actually enabling any online 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. The law only enables two companies to operate as ‘master companies’ into the territory, shutting out every other potential operators. And one or more of those companies states which they’ve lost most of their investors in the 12 years since the legislation has passed, because of the uncertainty around whether they’d ever be in a position to provide gaming that is onl Continue reading U.S. Virgin Islands Could Possibly Offer Online Gambling