The Jersey Evening Post has reported:
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?
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Jersey’s mentality is “if we build it they will come”. That’s how it probably was back in the island’s heyday of the 70s and 80s.
This is how it is in almost every aspect of island life — complacency coupled with ill-thought out (expensive) white elephants. Ozouf wants to commit £40 million to a high-speed internet network that will, apparently, be the envy of the world… somehow, we’re not convinced, and this article confirms this.