Online Gambling from the United States Virgin Islands

Dec 28, 2013 | USA Online Casino News

To open a casino in the Virgin Islands, there are some specifics which will need to be achieved. Those interested in operating from this territory will need to compete for a license which could entail competing against seasoned casino operators from different countries.

Online Gambling from the United States Virgin Islands

Online gaming is popping up more and more. Though this form of gaming has been found throughout the globe, there has been one region where it is just now starting to make an appearance. The United States has resisted online gaming for many years but is just now coming around to the idea of legalizing this great feature. One of the major reasons some states are opting into online gaming is due to the fact that they will bring in more money. Nevada, Delaware and New Jersey are three of the states with laws in effect which allow online gaming companies to open up shop within the state. The United States Virgin Islands could be next.

The Virgin Islands are a group of islands located in the Caribbean which are a territory of the United States. Here, they have come to realize that the laws for their region are very unclear. In 2001, there were laws passed which barred players from using their debit card or credit card for online gambling purposes. This caused great confusion which scared away many of the online casino players. It lead to seizures of some large poker sites and basically shook up the entire industry. In 2011, this law was completely done away with. Despite the law being completely knocked down, there are still discrepancies with the law. In the Virgin Islands, the current question on the table surrounds the ability to operate and host internet gambling casinos from their country.

Due to the uncertainty of the laws, the casino companies have suffered some losses. Mostly investors which play a key role in bringing the games to this territory. If these companies were able to go forward with their planned projects, they would be able to offer gaming not only to residents within the islands but to those throughout the globe. This would bring as much as $30 million into the General Fund. What makes it so hard to open casinos is that the Justice Department has changed their minds so many times. The amount of time and energy to put legislation in place, welcome applications to potential casino operators, grant licenses and then get the casinos off the ground.. now this is a lot of work for something that may fall through after the licensing fees are paid. Since new casinos are popping up for Nevada, this might be the opportunity to get started.

To open a casino in the Virgin Islands, there are some specifics which will need to be achieved. Those interested in operating from this territory will need to compete for a license which could entail competing against seasoned casino operators from different countries.

Though they have not put all of the steps into place, this is a majorly victorious leap for players in many different countries. Some like the feeling of playing games and contributing to their own country. Others are fine playing outside of the borders. It all just depends on the player.