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Where Online Casino Companies Base Themselves

Where in the world are online casino sites and servers based? The truth is, online casinos are based all around the world in a variety of locations, locations that usually are friendly to those who want to avoid paying taxes as much as possible. Does this arrangement engender trust in the online gambling industry for governments which turn a critical eye to online casinos, even sometimes going so far as to pursue litigation against them?

Not really, but online casino companies are not expected to change their business practices anytime soon, which they consider to be perfectly legitimate in the face of sometimes stinging criticism and charges of corruption. In some countries, online casino gambling is seen as once removed from the organized crime circuit, and governments have taken action accordingly in order to prevent a lucrative industry from falling into the hands of the mob.

Of course, the number of online casinos in danger of being taken over by organized crime is very small, and it could be that demagogues against online casinos stir up such fires to distract people from the very real money that can be won online. In any case, until the status quo changes online casino companies will continue to be based where they’ve been based, and where they’ve been served well. As long as online casinos are welcomed in these countries, you can place a safe bet that they’ll stay in them.

OCA News Editor

Jenny McKinnley is OCA’s financial correspondent. After spending years on the trading floor in both NY and London, she offers insight from the inside out on world financial news and events.

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