The U.S. Virgin Islands may soon manage to offer online gaming, but many caveats abound. (Image source: Travel.usnews.com)
Most Americans know the U.S. Virgin Islands for warm weather and beautiful beaches that they could go to without having to get yourself a passport. But because of a ruling that is recent the islands’ Attorney General, this vacation spot may soon become simply as well-known as a house for online gambling.
Attorney General Weighs In
V.I. Attorney General Vincent Frazer issued an impression to many other Virgin Islands officials, stating that the 2001 V.I. law that allowed for online gambling companies to run in the united states would not clash with any federal laws in the United States, and thus the law could finally be used to permit the territory to host Web gambling companies. As yet, the territory had held off on actually enabling any online video gaming to get forward, because of warnings issued from the government that is federal.
However, as is normally the case in these situations, things aren’t quite that clear cut. The law just allows for two companies to operate as ‘master companies’ into the territory, shutting out any other potential operators. And at least one of those companies says they’ve lost most of their investors in the 12 years since the law has passed, as a result of the doubt around whether they’d ever be able to offer online gaming to players.