JERSEY’S attempt to cash in on the multi-million-pound internet gaming industry has so far failed to bring in a single penny in revenue for the Island.
And the move has hit a potentially disastrous stumbling block because Jersey licensed companies are currently banned from advertising in the UK – one of the most lucrative online gaming industries in the world.
As a result not a single company has applied for a licence in Jersey, despite years of work and thousands of pounds of public investment.
Amazing, isn’t it, that a state can spend so much encouraging abuse and fail at it?
But that’s Jersey for you.
And some say it is a perfect example of what a state should be. Time to think again, maybe?