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Jurisdictions

Caribbean islands target offshore gaming industry

Already home to many of the world's phone sex companies, the Dominican Republic has now firmly established itself as the domicile of choice for another controversial area of offshore business and one of the fastest-growing - gambling via ‘800' telephone numbers and over the internet.With annual licences running from $20,000 to $100,000, several Caribbean islands are looking to the sector as a lucrative revenue-earner.