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First Live Dealer Licence Issued By IOM

A European subsidiary of the First Cagayan licensed online bookmaker SBObet, Celton Manx, has been awarded the first Isle of Man licence to operate a live dealer casino from the island, which is in the Irish Sea close to the UK.
 
SBOBet was in the European headlines recently when it became principal sponsor of Barclays Premier League football team West Ham United and launched its European sports book operation.
 
Plans are in hand for the group's Internet casino to start operations in Q2 of 2009.
 
Celton Manx executive director Bill Mummery - himself an ex-IOM regulator - said: “What’s significant is that this is the first occasion the Isle of Man as a licensing regulator has gained comfort with a business model where the management and all the systems are in the Isle of Man, but the live dealer studio will be elsewhere.”
 
The company will use its own live dealer room, equipped with 30 tables and 90 cameras and situated in the Philippines, he revealed.
 
Isle of Man regulators travelled to Asia last year to physically inspect the facilities used in the live dealer offering. “We spent three or four days going through our live dealer operation in considerable detail to demonstrate to them the controls, the due diligence, the security, and those issues," said Mummery. "The regulators have been able to do their checks and due diligence on our live dealer facility prior to granting the approval.”
 
Following on the recent licensing of the Swedish NYX Interactive company's plans to operate from the Isle of Man, the Celton approval will benefit the island's local e-gaming industry, too.
 
“I believe there’s a broader benefit for the Isle of Man from this in terms of attracting other operators, While it benefits my business, it also adds a significant plus factor to the offering the island has as a jurisdiction,” Mummery concluded.

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Gambling News :

Amaya FY2016 Trading Update - The Montreal-based Amaya online gambling group has issued a trading update covering FY 2016 and improving its forecast revenue and earnings numbers.

Another Mega Fortune Dreams jackpot for Euro 3.5 million - In a statement Friday NetEnt advised that the lucky player is a 62-year-old woman from central Finland who won the seven-figure sum from a Euro 1 stake.

Stanleybet has filed a legal action against the government of Cyprus - Bookmaking firm Stanleybet has filed a legal action against the government of Cyprus, claiming Euro 12.5 million as compensation for what it claims is loss of profits and opportunities, prejudice to image and business reputation and legal costs.

LeoVegas To Sponsor Leicester Tigers - The agreement includes official partner accreditation, media space at Welford Road stadium and matchday tickets and VIP hospitality as well as two pitchside perimeter boards from the 2017/18 season and one for duration of the 2016/17 season.

Optima Information Services iShop - Industry visitors to the recent TVC Bookmakers Trade Fair in Solihull, UK were much taken by Spanish betting technology firm Optima Information Services' iShop product, and the company went on to win the SBC Best Retail Betting Product award with it last month.

Golden Nugget Las Vegas Launches New Betting App - Golden Nugget Las Vegas has unveiled a sports wagering app offering Nevada punters the comfort and convenience of being able to wager from anywhere in the state.

CAGAYAN CHIEF MOVES TO REASSURE LICENSEES - Apparently $4 million is going into improvements of the Authority’s data centre in the Freeport at Cagayan, whilst another $3 million has been earmarked for an upgrade to data infrastructure located outside the Freeport.

New Massachusetts Online Gambling Bill - It seems that every two years (give or take a few months) Massachusetts state Senator Bruce Tarr flights an online gambling legalization bill in the state Senate.

Las Vegas Sands Fined for foreign bribery allegations - #lasvegassands Las Vegas Sands, the land casino company owned by multi-billionaire US mogul Sheldon Adelson, has again had to cough up a stiff penalty for non-compliance with the law.

Libratus AI Program Destroying Human Poker Opponents - #Libratus With 40,340 hands played (about a third of the 120,000 planned) Dong Kim is down $29,506, whilst Jimmy Chou ($113,7728), Daniel McAuley ($141,877) and Jason Les ($186,489) are all carrying losses.

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