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Isle of Man Changes Gambling License Structure
ISLE OF MAN ANNOUNCE CHANGES TO LICENSING STRUCTURE
Regulator simplifies regulatory requirements.
The Isle of Man Gambling Supervision Commission (GSC) has announced a series of changes to its licensing structure after consultation and feedback from the Island’s e-Gaming sector, saying it is responding to technological advancements and reducing unnecessary regulatory burdens.
Network Licenses: There will no longer be additional charges raised for network partners. A network services license holder will now only pay for the network services licenses not additional network partners.
Test Certificates: The GSC will be able to accept test certificates issued to other gambling regulators, if a memorandum of understanding exists between the two jurisdictions.
Digital Currencies: Recent changes in law mean that operators may now offer customers the ability to deposit, gamble or play using convertible digital currencies, such as Bitcoin or virtual goods such as skins.
Sub-Licenses: A full license holder is now able to broaden the services that it offers to its sub-licensee. A full license holder may now offer a complete back office system to its sub-licensee as well as the provision of games and lottery products.
“e-Gaming remains a tremendous area of growth for our economy and the Department will continue to work to support the sector to maintain this momentum,” Daphne Caine MHK, Member of the Department of Economic Development with responsibility for e-Gaming, said.
Oink Country Love Slot Launches -
Oink Country Love will have players tapping their feet to the country beat with the lovable Oink Bros, Willy and Chancho, who are trying to win over the heart of Miss Southern Charm in this five by three reel, 45-line online slot.
Tim Chung Wins MPNPT Manchester -
The 288-runner £550 MPNPT Manchester Main Event today crowned its champion, awarding the bulk of the £150,000 total prizepool to the nine players surviving after two days of tournament poker at the Grosvenor Casino.
MPNPT Manchester Day 2 -
Day 2 of the £550 MPNPT Manchester Main Event saw 60 Day 1 survivors (from a total of 288 entries) and three intrepid last-minute registrants sit down to play to the final table.
Day 1B MPN Poker Tour Manchester -
Day 1B of the £550 MPNPT Manchester Main Event saw the field rise to 285, as players took full advantage of the whole-day re-entry period.
Day 1A MPNPT Manchester -
The £150,000 guaranteed MPNPT Manchester kicked off today in style – 74 poker players from all over Europe arriving at the Grosvenor Casino to contend the first of two starting days
Kung Fu Rooster Slot Goes Live -
Celebrate Chinese New Year - 2017 Year of the Rooster. It's time to sweep away any ill-fortune and make way for incoming good luck, with this exciting 12 lines slot game.
Sensational Sixes Slot Goes Live -
Light up Icons like BAR's, black spades, red hearts, blue diamonds, and green clubs. The best part of Sensational Sixes are the three wild icons, for 2X, 4X, and 6X multipliers!
3 New Betsoft Slots -
3 new Betsoft slot Games were also added this week to most online casinos allowing US players.
2017 Bodog Super Millions Poker Open -
The first events on the 105-tournament schedule have already been completed; there are three more tourneys on Thursday’s schedule, with a total of $34,000 in guaranteed prize money waiting to be won.
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