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Online Gambling an Important Employer

Tuesday  November 15, 2011 :  Licensing jurisdiction is a source of jobs in va rious sectors of the industry
 
Nearly 700 Isle of Man residents will soon be employed in the e-gaming sector on the Isle of Man, a government minister told the island's parliament last Tuesday.
 
Answering questions in the House of Keys, Economic Development Minister John Shimmin confirmed 645 people currently worked in the sector, with the number set to rise to 693 by the end of December 2011. At the end of October, just under one-in-six, or 111, of those employed in e-Gaming were originally from the European Economic Area and required work permits.
 
Asked by South Douglas MHK Kate Beecroft to provide salary figures for the non-Manx workers, Shimmin revealed that half earned more than GBP 50,000; around 40 percent had salaries between GBP 25,000 and GBP 50,000 and the rest earned under GBP 25,000 per year.
 
9 had a salary under GBP 25,000, 47 a salary between GBP 25,000 and GBP 50,000 and 55 employees earned more than GBP 50,000, he elaborated.
 
The minister said another 57 of those employed in the sector were from outside the EEA and had been granted permission to work under the Overseas Labour Scheme, or the points-based system which replaced it. He said he could not provide salary figures for those workers, but told the Keys the entry criteria required a high level of skills, qualifications and experience, and so salaries were likely to be relatively high.
 
The Isle of Man Treasury is inviting expressions of interest for the appointment of a head of e-gaming development in the Department of Economic Development, with the closing date for applications November 21.

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Gambling News :

888sport is the latest to join sports betting integrity body ESSA - Major operator 888sport is the latest to join sports betting integrity body ESSA with the company adding its customer base and betting market platforms to ESSA’s global anti-fraud alert and reporting system.

First partypoker live event to be held in Russia - Partypoker’s new live tour will kick off in Russia on March 24, 2017 at Sochi Casino and Resort in association with Club Poker Management. Online Day 1’s will start on partypoker on March 12, 2017.

Rooster Slot Launches - “Rooster” offers 243-ways-to-win along with a big chase in the free games bonus round, where all 5-of-a-kinds are multiplied by the lucky number 5!

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Asia Gaming To Showcase Live Dealer Action - Asia Gaming will be practically demonstrating its live dealer baccarat at the ICE show next month. The Asia-facing online gambling provider is on the expansion trail and intends to make a big impact at the expo and conference in London.

25 Unlicensed Gambling Operators still in Czech Republic - Ondracka claims that the Finance Ministry has not been "resolute" in acting against the illegal operators, who he says include major companies.

2017 Aussie Millions Event 6 - Heads up, Boivin faced local pro Joel Feldman, but the Aussie proved to be no match for an on-fire Boivin who dispatched him with the runner up prize of A$78,440.

2017 Ice Totally Gaming - Next month's ICE Totally Gaming conference and expo will again be a truly international affair, following confirmation by organizers Clarion Gaming that a total of 67 jurisdictions and sovereign states will be represented on the show floor at ExCeL Centre, London.

Prince Edward Island Writes off Casino venture as Bad Debt - The debacle has resulted in stricter financial disclosure rules being introduced with which government ministers and their departments will have to comply - especially regarding loan and other write-offs of taxpayer monies.

IGT in 7 Year Deal With Svenska Spel - #IGT , as legacy #GTECH , has been providing video lottery products and support services to the state-owned monopoly Svenska Spel since 1996, the statement reminds readers.

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