Jersey eGaming launches new website

Jersey eGaming launches new website

In an effort to demonstrate why Jersey is an ideal base for online gambling businesses, Jersey eGaming, the consortium of companies who provide specialist services to the eGaming industry, has launched a new website at www.jerseyegaming.com  

Independently regulated by the Jersey Gambling Commission, Jersey offers a unique base for remote gambling businesses thanks to its long established and robust legal framework and finance sector, excellent International reputation for cooperation & transparency, technical infrastructure, one-stop-shop service provision and appropriately priced licence base.  

Jersey enjoys an unrivalled reputation for being well regulated and recognised by the IMF and OECD for its co-operative and transparent approach to its International business and to date has secured 85 Memorandum of Understanding with its International partners and peer jurisdictions.   

Its thriving economy provides all of the necessary infrastructure that eGaming businesses require. Further attractions include no Corporate Tax, no VAT, no Capital Transfer Tax, no Capital Gains Tax, no Withholding Tax, no Stamp Duty on trading company share transfers and no Wealth Tax.

Jersey has a highly developed communications network including island-wide gigabit and 4G connectivity with 100% uptime thanks to excellent and unlimited good quality power and licence-free Disaster Recovery provision.

The Jersey  eGaming consortium's members include providers of corporate services for the establishment of offices,  legal services, games software developers, data hosting and cloud services, merchant services, tax advisers and gaming consultants.

When it comes to costs, Jersey is unrivalled.  There is no Gaming Duty, just £5,000 licence fee application and annual fees for Business to Business activities of just £10,000 and for Business to Consumer services of £15,000.

Commenting on Jersey eGaming's increased focus on the sector, Marcus Pallot, partner with law firm Carey Olsen, said, "Jersey provides the most attractive legislative environment for eGaming enabling companies to take advantage of opportunities. The island's extensive IPO and listing services on worldwide stock exchanges will also appeal to companies wishing to grow whilst benefitting from a Jersey Incorporated Holding Structure.

“In a sector where rapid technological, economic and regulatory change is the norm, operators will find a modern, responsive and well-respected base for their business in Jersey. The new website is an excellent resource for finding out more about basing a remote gambling business in Jersey, and  specific and detailed information can be requested through the ‘Contact Us’ page ”.