Most Americans understand the U.S. Virgin isles for summer and beaches that are beautiful they are able to see without needing to obtain a passport. But because of a recent ruling from the hawaiian islands’ Attorney General, this vacation spot may soon become just as well-known as a house for on line gambling.

Attorney General Weighs In

V.I. Attorney General Vincent Frazer issued an opinion to other Virgin Islands officials, stating that the 2001 V.I. law that allowed for Internet gambling companies to run in the united states would not clash with any federal laws in america, meaning that the law could finally be properly used to enable the territory to host Internet gambling companies. So far, the territory had held off on actually enabling any online video gaming to go forward, because of warnings issued from the government that is federal.

However, as is frequently the case in these circumstances, things aren’t quite that clear cut. The law just enables two companies to operate as ‘master companies’ within the territory, shutting out some other potential operators. And at least one of those companies claims they’ve lost most of their investors in the 12 years considering that the law has passed away, as a result of the doubt around if they’d ever be in a position to offer online Read More