Analysis ISLE OF MAN (PTII)
THE NEXT THREE TO FIVE YEARS WILL DELIVER SIGNIFICANT GROWTH
OPPORTUNITIES FOR THE
INDUSTRY.
border issues including tax, which will help to enhance its reputation going forwards.”
Meanwhile after completing a detailed inter-jurisdictional SWOT analysis, Celton Manx chose the IOM because of its strong English based legal system, primary legislation and regulation for the e-gaming sector, ease of access and positive support from the government, global industry recognition of the quality of regulation and player protection levels, world class telecommunications infrastructure, world class data hosting centres and banking facilities.
Celton Manx’s Executive Director William Mummery said: “I believe the Isle of Man, standing as a global premier jurisdiction of licensing from which to operate, has never been stronger. Whilst all businesses are having to deal with global change the
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e-gaming sector operates in ‘dog years’ in that we deal with such dynamic change in technology, licensing and regulation, threats and opportunities and it feels as though we cope with seven years change every 12 months.
“I believe the next three to five years will deliver significant growth opportunities for the industry and the IOM as a jurisdiction. We have strong and effective regulation which absolutely has to be cherished and maintained. Companies like mine regard their IOM licence as a key ‘balance sheet asset’ for the business and part of what differentiates us as a company, and the IOM as a jurisdiction, from our competitors.”
Gauselmann subsidiary Edict Egaming has spent two and a half years developing a new online casino system for the B2B market and was granted an IOM licence in January 2011 which enables the separate online casino operation whilst also marketing the software to other operators who can then operate under a sub licence. Sun Gaming was Edict’s first customer.
Nils Rullkoetter, PR Manager said: “The IOM offers numerous advantages. First of all the IOM is well recognised in the market and thus has a licence regime that is in demand. The possibility of sub- licensing makes the IOM a very practical model for selling online casino software.
Gauselmann subsidiary Edict
Egaming has spent two and a half
years developing a new online casino system for the B2B market and was granted an IOM licence in January
2011 which enables the separate online casino operation whilst also
marketing the
software to other operators who can
then operate under a sub licence. Sun
Gaming was Edict’s first customer.
Furthermore working with the licensing authority at the IOM has proven to be excellent and the licensing times are, compared to other regimes, relatively short.”
THE ISLAND DWELLERS Due to the heavy investment over the last few years in the telecommunications and power infrastructure on the Isle of Man a number of hosting providers have been establishing their business here.
There are currently five world-class data centres offering gaming specific services operated by Manx Telecom, Continent8 Technologies, Domicilium, Netcetera and Wi-Manx.
Manx Telecom built its 6,300 sq.ft data centre back in 2005 in Douglas North. Manx Telecom has of course been involved in the development of the e- gaming sector since the beginning and has worked with the Department of Economic Development and the GSC. On the island it offers a complete range of data services and was the first on the island to provide data centre services and hosted some of the first e-gaming sites registered and today is the company’s top area of focus and growth.
Manx Telecom’s purpose built Data Centre and Disaster Recovery facility provides the highest standards of data security and hosting capacity. In June
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