Antigua's financial regulatory boss is in a little bit of hot water, mainly because he was involved in an $8 billion Ponzi scheme orchestrated by Sir Allen Sanford.
A number of popular online gambling sites, including Bodog, WSEX and Intertops, are based out of Antigua. And could come under intense scrutiny, according to Chris Costigan of Gambling911 (and numerous other sources).
While (Finance Minister Harold) Lovell said he did not believe that the current situation would have much of an impact on the island's online gambling industry or its WTO dispute with the United States, many industry observers believe it would be fool hearty to assume Antigua would not want to offer up a sacrificial lamb of sorts. At least one Antigua-based Internet gambling firm was under investigation by the US Attorney's office out of Baltimore last year, though the outcome in that case has not immediately been revealed.



LinkBack URL
About LinkBacks
Reply With Quote


