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ISLE OF MAN UNVEILS NEW REGULATIONS
1/26/10 - The Isle of Man Government used the IGE-ICEi expo in London today (Tuesday) to announce changes to its online gambling regulations which make it possible for an e-Gaming company to base its non-gambling related activities and operations in the Isle of Man without needing an OGRA gambling licence.
Under the new regulations the exclusions from licensing include activities such as marketing, administration, software downloads, customer support and relay servers allowing e-Gaming companies and other related business to base their non-gambling allied activities in a jurisdiction which supports all aspects of the industry.
Companies will still need an OGRA gambling licence for core activities including striking the bet and player fund activity.
Garth Kimber, head of e-Gaming development commented: “Our new streamlined regulations further demonstrate our commitment to growing the e-Gaming industry on the Isle of Man. The Isle of Man is developing a multi-faceted e-Gaming industry and activities such as marketing, administration and customer support are an important part of this.
"In the last 12 months we have worked to ensure our regulatory environment is compatible for a variety of e-Gaming companies and changes to our gambling regulations further highlight the flexible approach the Isle of Man Government takes in order to accommodate the needs of new and existing businesses.”
The Isle of Man jurisdiction has a strong delegation manning its stand at the ICEi show, together with 11 other IOM companies active in the island’s e-Gaming sector across the key disciplines of data hosting, corporate services, payment services and IT.
IOM Minister for Trade and Industry Hon David Cretney MHK commented: “The Island’s presence at IGE gives us the opportunity to meet businesses face-to-face, and, in doing so clearly highlights the benefits for businesses of relocating to the Isle of Man. It is also great to be attending the show alongside business partners in the private sector which allows us to demonstrate the high quality e-business cluster the Isle of Man has built up, making us an attractive proposition for those in the industry looking for a one-stop shop.”
Danske Spil Bingo Moves to Microgaming -
The national lottery of Denmark, Danske Spil, is live on the Microgaming Bingo Network. Danske Spil, the Danish national lottery, is live on the Microgaming Bingo Network following a change to its licence conditions.
Quickfire live on Strendus -
Quickfire powered by Microgaming is extending its reach in the LatAm region with the signing of Strendus. Strendus is the online division of Logrand Entertainment Group. The group comprises several companies that operate gaming and entertainment establishments in Mexico, running 14 land-based casinos in total.
Quickfire content live on BetatHome -
Online gaming and sports betting company bet-at-home was founded in 1999. Today the company has 4.8 million registered customers around the world, offering sports betting, casino, live casino, Vegas games, poker and virtual sports.
Microgaming has donated £30,000 between four charities -
Gift of Giving provides Microgamingís customers the opportunity to vote for one of several charities in their region. In lieu of Christmas gifts, £30,000 is split equally between four global regions: Isle of Man, UK and Europe, Africa, and Rest of the World.
Entertainment Betting Odds: 90th Academy Awards -
The Shape of Water leads Sundayís 90th Academy Awards (8 PM ET, ABC) with 13 Oscar nominations, but when it comes to Best Picture, this highly-acclaimed film is a +140 second-favorite behind Three Billboards Outside Ebbing, Missouri at Ė115.
Fair Play Bets and QuickFire in Deal -
Fair Play Bets enjoys an unrivalled reputation for an outstanding player experience, with secure deposits and withdrawals, surprising casino bonuses and committed customer support. Fair Play Bets is licensed in UK, Malta and Curacao.
Cavaliers Aim to Take Down Wizards on 2/22/18 -
The Cleveland Cavaliers have looked like a different team since making their moves at the trade deadline. The Washington Wizards are up next for the Cavaliers, who will be at home after the All-Star break.
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