[ Home ]

[ Slots News ]

Mansion to Stay in Gibraltar

The popular Mansion online slot machine and casino gambling group will stay in Gibraltar, despite rumors otherwise. The Mansion group has had its headquarters in Gibraltar for years, and reports that it was considering packing up and moving operations elsewhere have been sending shockwaves through the casino gambling community for weeks now. The nations of Israel and Singapore have been specifically and repeatedly mentioned as the potential new sites for the group. A major Gibraltar newspaper, “Panorama,” put the rumors to rest definitively this week. With the exception of some staff cutbacks as a result of the troubled economy, Mansion isn’t going anywhere.

Naturally, Gibraltar is happy that it will not be losing one of its biggest employers. Mansion employs one hundred fifty residents, which is no small number in a country of only twenty-eight thousand. Industry competitors 888 and PartyGaming are also situated in Gibraltar, and have had to make layoffs this year. It’s not exactly bad news for the online slot machine manufacturer, either. Gibraltar has occupied a much-coveted spot on the UK Gambling Commission's whitelist for approved licensing jurisdictions for some time now, and is widely considered to have one of the most regulated and respected sets of legislation pertaining to the industry of any country in the world.

Neither of these rumored new homes for Mansion made much sense, anyhow, Although Singapore’s tax structure is more friendly towards casino operators, Gibraltar is still considered a better location. And Israel’s policies are not nearly as friendly towards the gambling industry.

Back to October 2008 Archive.