2007-01-25 02:39:46 · 5 answers · asked by Casino Expert 1 in Games & Recreation ➔ Gambling
They have clear regulations/protections and favorable tax treatment for online gaming firms.
2007-01-25 06:56:33 · answer #1 · answered by Sanjay M 4 · 0⤊ 0⤋
There are several reasons:
1) If a company does not deal with local citizens, it can qualify for tax-exempt status.
2) Tax-exempt companies do not have to pay local taxes for 25 years.
3) Many online gaming companies have offices in Gibraltar.
4) It helps greatly that English is so widely spoken.
For a more detailed explanation, consult:
http://www.gamblux.com/editorArticles46.asp
2007-01-28 03:55:32 · answer #2 · answered by Gambling Specialist 2 · 0⤊ 0⤋
relaxed gambling laws
2007-01-25 10:58:32 · answer #3 · answered by jerry 7 · 0⤊ 0⤋
very relaxed gambling laws.
2007-01-25 10:45:50 · answer #4 · answered by Anonymous · 0⤊ 0⤋
tax
2007-01-25 14:37:28 · answer #5 · answered by sassy_shazza 2 · 0⤊ 0⤋