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***GambLux EDITOR NEWS*** |
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UK Allows Advertising From Caribbean Gambling Operators
[Sunday, November 09, 2008]
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UK has given Antigua and Barbuda-based online gambling operators the permission to advertise their services in their country. Starting November 21, gambling firms based in the Carribbean country will be legally allowed to advertise to British customers.
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After the Caribbean country improved regulation of its gaming industry, the government licensed the advertising of companies from Antigua and Barbuda in a move which is likely to increase competition in the British market. Helix Gaming International and EHG are among the gambling companies with licences in the country.
Antiguan Minister of Finance and Economy L. Errol Cort said that they are looking forward to the expansion opportunities that this provides for their current licensees and to welcoming other, select first-rate remote gambling brands to the jurisdiction.
Last week's Stanford Super Series was hosted by Antigua. In the event, England's cricket team missed out on a 20 million USD payday by losing to the Stanford Superstars. The Superstars is sponsored by Sir Allen Stanford, a Texan billionaire.
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