13th of October 2008 Author: Natalie Stephanopoulos
The Gibraltar publication "Panorama" followed up on rumours this week that the online gambling group Mansion was about to pull out of the Mediterranean enclave, which hosts and licences many leading industry companies.
Unsettling rumours had been circulating that Indonesian-owned Mansion, which employs almost 150 people in the British territory, was planning to shut down its Gibraltar operations in favour of a move to Singapore and, of all places, Israel.
Consideration of the former state, which has a personal tax rate of only 8 percent, was perhaps understandable, but Israel has traditionally taken a tough anti-online gambling line when it comes to operators, although it boasts impressive technological capability.
The rumours reignited fears of further Gibraltar job losses following retrenchments at 888.com earlier this year and more recent news that Party Gaming may be making staff cuts . Unidentified sources told Panorama that some staff had already been prepared for a move with a view to relocation over the next few months.
Approached for comment, a Mansion spokesperson assured Panorama reporters that Mansion (Gibraltar) Limited was "proud to be operating in Gibraltar" and was staying put, although the IT team was being reduced. However, the company was recruiting more sales and marketing staff, she revealed.
Panorama reports that Mansion's Gibraltar personnel roster includes 18 Gibraltarians, 104 British, 4 Spanish and 23 persons of other nationalities.
General Gambling News
25th of March 2009
4th of November 2008
27th of January 2015
25th of January 2015
24th of January 2015
9th of January 2015
5th of January 2015
23rd of December 2014
30th of December 2014
28th of December 2014
Disclaimer Contact Us Privacy Gambling Help About Us Site Map
LatestCasinoBonuses.com © 2006-2015
Join now for full access to our online casino forum/chat plus receive our newsletter with news & exclusive bonuses every month.
PLUS join now and get...
100% up to $1000 PLUS 25 free spins! Sponsored by ClubUSA Casino, US OK.
View more information here