Antigua has been known to many as a hub for the Online Gambling Industry and this week they accepted shocking news that has heavily impacted the industry.    It seems that Stanford International Bank, that is one of their largest banks on the island is going under, meaning a single one funds put away by these gambling companies is currently frozen and is under investigation by the FBI.

If these gambling companies had all been banking at Stanford International, it would be under the necessity been a complete catastrophe.   Stanford International Bank is publicly under investigation for giving clients incorrect historical performance data for its securities among other things.