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A government crackdown on online casinos operating in the Isle of Man has led to a major tax revenue loss, accelerating the island's slide toward a fiscal cliff (Jack Adamović Davies/Bloomberg) from Techmeme RSS feed.
A government crackdown on online casinos operating in the Isle of Man has led to a major tax revenue loss, accelerating the island's slide toward a fiscal cliff (Jack Adamović Davies/Bloomberg)
Jack Adamović Davies / Bloomberg:
A government crackdown on online casinos operating in the Isle of Man has led to a major tax revenue loss, accelerating the island's slide toward a fiscal cliff — Online casinos were a big driver of the Isle of Man's economy. Lately, they've become a liability.