Top Online Casinos for the Virgin Islands, British
The British Virgin Islands are found a bit east of Puerto Rico in the Caribbean. They help to make up an archipelago along with the Spanish Virgin Islands and the US Virgin Islands. The islands Jost Van Dyke, Virgin Gorda, Anegada and Tortola are the main islands in this group with a total population of about 28,000. The vast majority live in Tortola. Unspoiled beaches and tropical climate make the country a popular tourist destination. It is economically among the most stable and prosperous in the region, with tourism and offshore financial services industry the two main sources of income.
An Overview of Online Gambling in the British Virgin Islands
All forms of online gambling are illegal in the British Virgin Islands. This consists of playing the games and offering them as well. This is a part of their larger stance that consists of making all forms of gambling in all formats completely and consistently illegal with no exceptions. This doesn't keep the population from gambling, however, and the government freely admits that there is a large market for it. This could push them to regulate the industry on some level in the future.
Something else that could really fuel a future push towards regulation is that the US Virgin Islands have recently gotten into the business of licensing online gambling operators, and this has become a sizable source of income for them. Governments are always facing budget concerns, and this source of revenue isn't something that they'll likely ignore over the long run.
Licensing in the British Virgin Islands
As all online gambling is illegal here, there is no licensing process, and there are no licenses given. With that having been said, they have a ton of incentives going right now to eventually offer some sort of licensing process in the future. One aspect of this is that people from all over the BVI are gambling online anyway, and the government has just boxed themselves out from getting any of the revenue. This is a position that a lot of countries have found themselves in, and it's often proven to be the motivation that leads to licensing and regulation.
Penalties
Betting on games of chance and skill, organizing gambling events and lotteries is against the law. Though the ban does not officially extend to non-physical premises, the government still considers internet wagering part of the problem to be dealt with.The authorities have the right to raid locations where such events are suspected to occur, seize all money and items used by participants, and penalize guilty parties either by imprisonment or fines.
Despite restrictions, a portion of the population still regularly engage in certain unlawful activities, particularly the St. Thomas and Puerto Rico lotteries. Proposals have been made by advocates to legalize certain types of gambling, allow local companies and open borders for international operators. For now, the government is only willing to consider casinos on cruise ships in the BVI waters, available exclusively to tourists.
Player Protection for the British Virgin Islands
You will find no form of player protection in the British Virgin Islands. In fact, the police actively go after establishments where they think gambling is happening as well as going after people who they believe are gambling. While there haven't been any cases in the news of them going after individuals for gambling online, there's no reason why they couldn't start doing this in the future. This could especially be the case if they were to work with banks to be notified of unusual transactions that could be due to winning large amounts in Internet casinos.
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