Mansion Casino in the NewsBy: R. Kingsley, Saturday October 18th 2008
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Mansion Casino is an online casino that is registered and licensed in Gibraltar and powered by Playtech. Off late there have been rumors that Mansion casino is seeking to leave Gibraltar for some other gambling jurisdictions. The names of Singapore and Israel were mentioned. Singapore seemed more palatable for two reasons. The first reason is that a majority of Mansion Casino's clients are Asians. The second reason is that Singapore offers a very low tax rate of 8%. Israel appeared to be a surprising option for Mansion Casino to consider. Though many online software companies have ties with Israel, The country itself does not look favorably to online gambling. Besides Israel as a gambling jurisdiction is no match for Gibraltar and would not befit the status Mansion Casino enjoys in this industry. The rumor of shifting to Israel arose probably when Mansion Casino sought help from Israeli companies to restructure its IT and marketing departments.
Apparently both rumors were wrong. A publication from Gibraltar, "Panorama", has reported that Mansion Casino is not going anywhere. The rumors of leaving were fuelled by the staff cutbacks. Actually it makes a lot of sense for Mansion Casino to remain in Gibraltar. Gibraltar has one of the best-regulated online gambling regimes and being licensed in Gibraltar adds credibility to any online casino. Two of the most popular online casinos, 888 and PartyGaming operate from Gibraltar. Singapore and Israel are nowhere by comparison. Gibraltar will also benefit because of Mansion Casino remaining there. Mansion Casino still employs about 150 persons in Gibraltar and in the expected economic downturn jobs will be difficult to come by.
Meanwhile Mansion Casino is strengthening is position with a new $50,000 promotion. Named Around the World in 80 Days after the famous novel by Jules Verne the promotion has already started on the 8th of October and will continue till the 17th of December full 80 days. In order to win prizes in this promotion players have to a specified number of miles. Each week all players who travel the given distance will get $100 as a bonus. The five who travel the greatest distance will receive $200 as a bonus. There are additional prizes of $5,000 at the end of the promotion for the five top travelers. The promotion works as follows. Every week Mansion Casino will announce the name of a country. The persons who have land in that country in that week will be eligible for prizes. In 80 days Mansion Casino will take players round the world.
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