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ISLE OF MAN LICENSES FOR FASTBET AND NYX INTERACTIVE
Negotiations commenced in January this year came to fruition this week when the Isle of Man jurisdiction announced the award of licenses to Swedish games developer NYX Interactive and to the betting exchange Fastbet.
NYX plans to introduce a network gaming hub on the island offering Internet bingo, lottery, casino, poker and sports betting, with all games and financial transactions operated, regulated and controlled in the Isle of Man, which has a robust financial services industry in addition to being an online gambling licensing jurisdiction.
Fastbet’s new licence covers B2B betting exchange activities for white label clients as the company introduces shared hosting and software as a service (SaaS) to the betting exchange world, operating from the island.
Garth Kimber, head of egaming development at the IOM Department of Trade and Industry, said it had taken some time to understand NYX's needs and make the necessary moves to accomodate them, which included bringing the island’s regulatory environment up to date to make it more compatible with egaming-related services, such as payments, software and web design companies.
Kimber said that there were currently seven applications in the Gambling Commission’s pipeline, and that he hoped to be in a position to announce the award of another license before the end of 2008, and regular monthly announcements going forward.
Gambling News :
NHL Odds: Toronto Maple Leafs vs. Washington Capitals on Tuesday -
Auston Matthews and the Toronto Maple Leafs touch down in DC this Tuesday (7 PM ET on TSN) as one of the hottest teams in the NHL. They've tallied a ridiculous 26 goals through only five games played; that's more than five goals scored per game on average. They'll be up against an equally potent Washington Capitals team.
Pro League Reveals Sportradar Contract Details -
The partnership between the PLC and Sportradar aims to provide a high-quality level of service to all Arabian Gulf League stakeholders in addition to making verified official data about players performances available to coaching and scouting staff and supplying match information to media outlets.
NFL Odds: Steelers Visit Undefeated Chiefs #TNF -
The Kansas City Chiefs (5-0 SU and ATS) have been flawless as an NFL pick thus far. Their chances of remaining undefeated in Week 6 look good; after opening at –4.5, Kansas City is a 5-point home chalk for Sunday’s game against the Pittsburgh Steelers (3-2 SU, 2-3 ATS), beginning at 4:25 PM ET on CBS.
Mega Moolah strikes again -
The jackpot was hit on a mobile device on Sunday 1 October 2017 by a UK player on Betway, this time awarding a £1,448,116.31 pay day.
2 New Slots For Microgaming Casinos -
David Reynolds, Games Publisher at Microgaming, comments: “On top of our branded title game Halloween, we’re delivering two more slots this October, each bringing exciting features and a different theme.
MLS Odds: Red Bulls vs. Whitecaps -
The New York Red Bulls (12W, 12L, 7T) haven’t won a match since August 15, but they’re –165 favorites this Saturday against the visiting Vancouver Whitecaps (15W, 10L, 6T), beginning at 5 PM ET. Vancouver is a +475 underdog with the draw priced at +285.
MLB Odds: Yankees Favored in AL Wild Card Game -
After a strong regular season, the New York Yankees (91-71, –1.00 betting units) opened as –235 home favourites for Tuesday’s AL Wild Card Game against the Minnesota Twins (85-77, +11.48 units). First pitch is at 8 PM ET on ESPN.
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