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New Offshore Internet Betting Service Launched in Antigua

Tax-news.com

07 February 2000

Another offshore Internet betting service has been launched, this time in the Caribbean island of Antigua. 2BetOn.com is the latest in a series of new low tax betting operations to set up offshore in the past 12 months, including offshoots of major UK bookmakers such as William Hill and Ladbrokes.

The 2BetOn.com website offers tax-free betting on a wide range of sporting events and over 20 casino games, as well as a 24-hour sports news service. From March this year, 2BetOn.com will also offer real-time coverage of horse races around the world, as well as special 3D graphics software which will enable punters to see their chosen horses line up in the paddock before the race start.

2BetOn.com will provide its members with accounts through a third party payment processor, Electronic Financial Services Caribbean Inc, and as an incentive is offering a 10% bonus to new members on their initial deposits.

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