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PLAYTECH APPLIES FOR JERSEY REMOTE GAMBLING LICENCE
1/27/2012 : Jersey licence to support Channel Island based licencees
Playtech is in the news again with Jersey Enterprise confirming receipt of a remote gambling licence application from the online software provider.
The application is reportedly the culmination of months of talks between Jersey Enterprise, the Jersey Gambling Commission and Playtech and is viewed as a boost to the Island's eGaming strategy and economic development.
Jersey Economic Development Minister Alan Maclean said: “I see this licence application from a market leader like Playtech as a stamp of approval for Jersey’s new eGaming industry. It demonstrates how we can leverage Jersey’s long-standing reputation for excellent regulation; infrastructure and world class professional services by developing exciting new opportunities for our economy from the lucrative global eGaming market.”
"We are delighted to be seeking an operating licence in Jersey. We met last year with the Jersey authorities in Israel who convinced us of the merits of the new licencing regime and their commitment to the sector. With many of our existing licencees having operations in the Channel Islands it makes good sense for us to seek a licence in Jersey to support our customers from a regulated jurisdiction with a first class infrastructure," added Mor Weizer, chief executive of Playtech.
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