It seems suicidal to me. I would think enough people will leave to more than offset any tax revenues. Plus, the even bigger ramification is the lost potential revenue. If I am starting a new sportsbook or casino, I am not locating in Antigua. There is absolutely no shortage of countries hungry for large influxes of U.S. Dollars.
I have never been burned by any offshore and I don't see the "premium" of an Antigua address.
There are good operations in Costa Rica and elsewhere. Its just important to look at each place on an individual basis and ask around for others experiences. Its not hard to find out who the good books are. |