Posted 1.11.11 : Government initiative to create an e-gaming licensing jurisdiction will help boost economy, says minister
The Channel Island of Jersey's economy will benefit from the introduction of online gambling licensing regulations, government minister Alan McLean told the BBC this week.
New regulations to manage a locally based e-gaming industry have been published for States approval, extending the gambling range on the island, which is currently limited mainly to betting offices.
McLean said allowing gaming websites to be hosted and licensed in Jersey would bring millions of pounds into the local economy.
"The intentions are to benefit from the considerable economic advantages of having e-gaming," the minister said. "It was worth about GBP50 million to the Guernsey economy in 2009, which has increased from 2007 when it was about GBP7 million."