Sealand To Benefit From Russian Investment?
Published: Tuesday, September 11, 2007 Online-Casinos.com
SEALAND ONLINE CASINO TO BENEFIT FROM RUSSIAN INVESTMENT?
Satellite communications venture will boost capability
Russian investors are reported to be interested in funding the launch of a new communications satellite that could offer internationally unrestricted Internet communication to the quaint, privately owned man-made island "Sealand" and the Sealand Casino.com operated by the owner, Paddy Roy Bates.
Sealand (see previous Online-Casinos.com/InfoPowa reports) is an old WW2 steel and concrete military fortress in the North Sea off the coast of Great Britain, and Bates recently inked a white label casino deal with the Playshare group.
VNUnet reports that Sealand has received a multi-million dollar investment offer from the Russians to fund the launch, providing the self-proclaimed 'independent state' with "....worldwide internet freedom and internationally unrestricted internet broadcasting."
Sealand would be able resume the launch of Sealand Casino.com, the report continues, noting that this had been delayed by political and legal problems "....as it would have been hosted in a country with a restrictive treaty regarding online gambling."
The Russian venture group's proposals apparently include installing new high-capacity servers.
In what appears to be a tongue-in-cheek conclusion to the report, a "Sealand resident" is quoted as claiming that the Sealand satellite will be "....the greatest revolution since the dawn of the internet."
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