Legal Status Of Online Gaming In Costa Rica
Costa Rica is one of the many low-tax zones outside the US that have become headquarters for online gaming websites in recent years. Though internet gaming is illegal in the US, the majority of online players are connecting from the US. In fact, every day, internet gambling hosts around 1.8 million players, an estimated 70 percent of whom are from the US. Costa Rica, sitting right within US time zones, makes an ideal location from which to run a fully legal online gaming website.
Costa Rica is continuing to realize and nurture its status as a hub country for information technology of all kinds. Its strong telecommunications links, educated work force, and solid infrastructure for business make it an ideal place from which to run an online gaming company. The Costa Rican government continues to come up with strategies for their continued success.
Companies such as GamblingWages.com have created successful business models that run completely legally out of Costa Rica. The US has so far refused to embrace and legalize the industry, and simply instill regulations. However, due to the incredible access that the Internet provides, there remains an open channel between those in the US who want to gamble online and those sites that are happy to provide it.
Most legitimate gaming sites would be happy to see online gambling regulated, as it brings even more legitimacy to the field and keeps out the dishonest operations. Costa Rica works hard to host quality gaming operations within its own borders. And with its myriad benefits and low taxes, the country should continue to see that effort pay off. |
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