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E Business Flourishing on Isle Of Man

4/14/10 - A report commissioned by the Isle of Man government and conducted by business and technology consultancy, Charteris, to assess the efficacy of the Isle of Man for e-business, inward investment, and the quality of the government IT infrastructure, was released this week. 
 
The purpose of the report is to ensure that the rate of growth and progress within e-business on the Isle of Man is on track, and that the right strategies are in place to reflect and if necessary pre-empt global and local change within this dynamic sector. 
 
e-Business currently contributes 4.5 percent of government revenue and represents the island’s fastest growing sector; it is therefore a core area for future investment and development, the report concludes.
 
The latest study shows that the Isle of Man’s e-business sector has experienced significant growth over the last few years, and notes its success in attracting a number of high profile businesses to the Island. Of particular note is the clustering of e-Gaming companies that have created what the research company calls a ‘velcro effect’ on the island to other complimentary business service providers within the e-business sphere.
 
Charteris concludes that the creation of the new Department for Economic Development is a positive step and will help to further realise the Island’s e-business potential and ultimately encourage further inward investment.  This development, along with a continuation of the Government’s successful strategy of using dedicated inward investment professionals with industry specific expertise, in addition to an intensified focus on a clear and coordinated marketing strategy, is recommended as the most effective way of driving the sector forwards.  
 
Tim Craine, Director of e-Business and Space Commerce, comments:  “The international e-Business landscape is evolving rapidly and it is vital that the Government works to maintain the Isle of Man’s competitive position within the sector and maximise the opportunities that are available. 
 
"We simply cannot rest on our laurels and must continue to adapt our strategy if we are to really begin to stretch our legs and realise our growth ambitions within this dynamic sector.  We are confident that the recommendations set out by Charteris will help us to do just that and we look forward to converting them into tangible reality and results in the coming months.”
 
Alan Bell, Minister for the Department of Economic Development, adds:  “The findings of the report help to demonstrate the success of the Government’s policy of economic diversification.  The Government took the strategic decision to develop the e-business sector back in 2000 and the benefits of this policy initiative are being clearly demonstrated.  We maintain our ambitions to further build on previous successes within the e-Business sector through continued close communication between Government and the private sector.”



Gambling News :

Games Concept Day in Malta - The Quickfire Games Concept Day is the second full-day workshop to date, the first being held in Gibraltar in July.

AFC’s fight against match-fixing - The Asian Football Confederation (AFC) has introduced a new AFC integrity mobile application, which will enable fans, players and officials to report possible suspicious activities or provide information concerning match-fixing or corruption to the AFC Integrity Unit.

PartyPoker Removes Dormant Account Fees - partypoker today announced that players will no longer be charged fees for inactivity on their online accounts.

NHL Odds: Rangers Look for Seventh Straight in Chicago - The Chicago Blackhawks (8-8-2) will try to get their season on track this Wednesday when they host the surging New York Rangers (9-7-2) in an Original Six showdown. NBCSN has the coverage beginning at 8 PM ET.

ACR $1,400,000 High Five Tournament Series - It has five added tournaments a day for five straight days, with the $420k Main Event on the final day. There are Texas hold’em and PLO game types, and tons of structures.a

Microgaming named in The 10 coolest offices of 2017 - Microgaming named in The 10 coolest offices of 2017 Microgaming’s new HQ has been named in ‘The 10 coolest offices of 2017*’ in the UK, featuring alongside some of the biggest consumer brands.

$75K Win on Mobile Slot @ CafeCasino - Café Casino’s mobile slot, Achilles, paid out in a big way over the weekend. A player from Pennsylvania, Rob J., triggered the game’s free spins mode by landing three scatters.

Microgaming’s The Phantom of the Opera online slot live today - Available to Microgaming and Quickfire operators, The Phantom of the Opera online slot goes live Wednesday 1 November 2017.

2017 Punta Cana Poker Classic Results - The 2017 Punta Cana Poker Classic is now in the books and players are returning home after a week-long poker celebration. And after a major final table deal, two players have the most reason to celebrate. Roberto Carvallo ultimately won the tournament after negotiating a final table deal with Jamin Stokes.

NHL Odds: Winnipeg Jets vs. Minnesota Wild - Blake Wheeler and the Winnipeg Jets will attempt to get two points closer to the Central Division lead on Tuesday, as they take on the Minnesota Wild on the road. The Jets have started strong, and sit in second place in their division. Led by RW Blake Wheeler, the Jets look like a team that could make some noise in the West this season.

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