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Online casinos flock to Alderney tax haven

28 Dec 2007

ALDERNEY -- As reported by the (London) Financial Times: "Alderney is experiencing a flood of applications from online gambling companies eager to set up in the Channel Islands tax haven following changes to the UK's legislation on internet poker and casinos.

"...September's changes to the 2005 Gambling Act created a list of countries from which licensed operators could advertise gambling in the UK. Only Alderney, the Isle of Man, Gibraltar and members of the European Economic Area were on a 'white list' of approved countries.

"...Since the legislation change there had been 'an extraordinary number' of applicants, Mr Le Prevost said.

"A commission website lists 33 full licensees, including offshoots of Gala Coral, Harrah's, Rank and William Hill..."

 
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