10/12/2006

Online casinos moving to Caribbean after U.S. ban

Filed under: — By Aviran Mordo @ 6:30 pm

A looming U.S. ban on Internet gambling is already scaring off London-listed operators, but the industry will continue to thrive in the hands of private operators in locations like Costa Rica, Antigua and Curacao.

The fear of extradition to the United States has forced UK executives to turn away from their most lucrative market, some selling their U.S. operations to counterparts in and around the Caribbean which have less amenable extradition treaties with the United States.

Source: Reuters

 

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