No long ago some rumors that the Mansion gambling group would be leaving the Gibraltar jurisdiction to relocate is online operations somewhere else appeared. However, recent reports state the contrary. According to the Gibraltar publication reports except for a few staff reduction, Mansion is not planning to go anywhere.

It is really good news for Gibraltar, taking into consideration that the online gambling group employs about 150 people in the British territory. And this is, honestly speaking, is good news for Mansion. Gibraltar is among the strictest and most respected online gambling jurisdiction in the world.

There were a great number of the rumors. They said that Mansion was going to move its headquarters to Singapore and Israel. The choice of Singapore seemed rather reasonable since Mansion greatly cater to the Asian gambling market. And taking into account that, in Singapore the tax rate is low, only 8%, this fact could draw any online casino operator.

But, the rumors about Mansion intention to operate out of Israel have been much exaggerated. Israel is quite inimical toward online gambling and in spite of the fact that it has some great excellent technological innovation in the online gambling, Israel couldn’t be ideal for an online gambling company with Mansion’s status.

At the moment Gibraltar has the good news, because some time ago 888 and Party Gaming made some heavy cutbacks in the Gibraltar jurisdiction, and now Mansion can branch out while keeping its position where online gambling regulation is, so it’s the best for the company at the moment.