Twelve40 the first licensee of Channel island
The first licence to operate online gambling in Jersey has been granted.
The Jersey Gambling Commission issued the licence to provider Twelve40, with conditions attached including a duty to manage problem gambling.
It follows the issuing of a number of licences in neighbouring Channel Islands Alderney and Guernsey.
The commission said changes to UK gambling laws had led to "renewed interest in Jersey as a venue for online gambling".
The e-gambling industry contributes about £50m to the Bailiwick of Guernsey's economy, according to the Alderney Gambling Control Commission.
Online Casino News Courtesy of Infopowa