Word: gibraltarism
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...Spain's few remaining traditional tuna-trapping companies. To combat the tuna ranches, Sevilla and other trappers need to halt their prey long before it reaches the Mediterranean's open water. From late May, shoals of tuna begin their annual migration from the Atlantic through the Strait of Gibraltar, before spending one month breeding in the Med's temperate water. The traditional fishermen's contest against the industrial ranches has become so fierce during the past few years that some marine biologists and environmental activists fear it could threaten the very survival of the Mediterranean bluefin. The volume of tuna...
...drawn up in the '60s; sites offering casino-style virtual gaming claimed they were in the clear. But others weren't chancing it: organizers postponed an Internet gaming conference scheduled this week in Las Vegas, blaming execs' jitters over landing in the U.S. Still, not everywhere is off-limits. Gibraltar-based PartyGaming, the world's biggest online poker operator, pledged to pare down its reliance on U.S. punters; some 46% of its new poker players came from outside the U.S. in the three months to July, double the share a year earlier. In its sights? The legions of gamblers...
...Spain's few remaining traditional tuna-trapping companies. To combat the tuna ranches, Sevilla and other trappers need to halt their prey long before it reaches the Mediterranean's open water. From late May, shoals of tuna begin their annual migration from the Atlantic through the Strait of Gibraltar, before spending one month breeding in the Med's temperate water. The traditional fishermen's contest against the industrial ranches has become so fierce during the past few years that some marine biologists and environmental activists fear it could threaten the very survival of the Mediterranean bluefin. The volume of tuna...
What distinguishes reality from myth is that Bhargava, 32, wasn't playing poker. He is the marketing director of PartyGaming, a company based in Gibraltar that operates the world's largest online poker site, PartyPoker.com Bhargava joined the firm in 2000 when it was an Internet start-up based in the Dominican Republic that was trying to establish a niche in the then novel world of online gaming. Today PartyPoker boasts that more than a million people have played for money on its site this year, the vast majority of them Americans, who are technically circumventing the law, according...
That juicy meal is being shared by PartyGaming and a fast-growing number of competitors. They have names such as 888.com Betandwin.com and Empire Online, and are mainly based in exotic, low-tax jurisdictions such as Gibraltar, Malta or Canada's Kahnawakee Mohawk Indian reservation. Says Richard Segal, an experienced British casino executive who joined PartyGaming as CEO last year and sold more than $15 million worth of stock in the June IPO: "It's like bees around the honeypot...