Sportsbooks based in the Isle of Man remain unable to accept bets from the US despite the recent policy change on the island which opened up the US market to casino and poker operators.
John Gilmore, eGaming ambassador to the Isle of Man’s Department of Trade and Industry (DTI), told eGaming Review that the decision was motivated by the government’s desire not to contravene any US federal laws.
“We will not extend the policy to sports betting, because the Wire Act prohibits sports betting across states in the US,” Gilmore explained.
“But as there is no federal law against poker or casinos we will accept those types of bets from US citizens,” he added.
Presently, there are no casino or poker operators on the Isle of Man, although Costa Rica-based Poker Stars is expected to move to the jurisdiction within the next two months.
The Isle of Man reversed its policy on prohibiting US bets at the end of December, but Tim Craine from the Manx Treasury has cautioned that the island will not be pushing itself as a US-friendly jurisdiction.
“We are not going to be actively going out there and marketing the island as a jurisdiction where the taking of US bets is legal. In fact we will be advising any licensees to take their own legal advice if they do indeed take bets from the US,” Craine remarked.
A comprehensive report in our Intelligence Report series examining offshore e-commerce and online gaming is available in the Lowtax Library at http://www.lowtaxlibrary.com/asp/subs_reports.asp and a description of the report can be seen at http://www.lowtaxlibrary.com/asp/description_report6.asp
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