From our perspective, the inherent pace of the industry obviously provides us with an opportunity for growth, but it also gives us a chance to continuously look at what it is we offer here. In a market as ferociously dynamic as e-Gaming, complacency is a dangerous mind set to adopt, and our businesses’ desires to expand must be matched by our capacity to foster growth.
Of course, this is ultimately a large part of my own role. It is my responsibility to instigate change, and to ensure that the Isle of Man continues to offer a world class proposition to the businesses that are currently based on the Island, as well as those looking to relocate here. An important part of this is my commitment to have a new e-Gaming strategy in place by the end of the year, to ensure that we continue to deliver sustained excellence in the sector. I have already started to engage with local e-Gaming companies, as well as the wider industries, to make sure that their thoughts and inputs are taken into consideration. Payment service providers, e-Gaming companies and the gambling sector all have a crucial role to play in shaping what our future proposition looks like. Whilst our strength has traditionally been the licensing of e-Gaming companies, we are also currently working on broadening our proposition. Engaging with a spectrum of tech companies is an effective way of ensuring that a diverse range of views are taken into account.
Te Isle of Man has always had a strong sense of local community and, whilst we are an international business centre, it’s important that we continue to learn from the individuals and companies that have already made the decision to base themselves here, as any new strategy must seek to build on this well-established ecosystem.
So what does our future proposition consist of? As I’ve already mentioned, we want to broaden out our existing proposition, and we are currently looking at ways of integrating a greater variety of technology companies into our technological hub. Te future of the industry is collaboration, and if we can create an environment that supports integration and cross-over then we are already playing a vital role in fostering connectivity and growth.
Secondly, we want greater partnerships with other jurisdictions. Te world is becoming more and more connected, and isolation in a globalised world stands to benefit no one. It’s certainly an area that we’ll look to develop, and our on-Island businesses should be excited about what we can offer the world, and what the world can offer us.
Finally, we want talent to continue to feel nurtured here. We already have some of the best minds in the e-Gaming industry based on the Isle of Man, and we want to make sure that they
“We want talent to continue to feel nurtured here. We already have some of the best minds in the e-Gaming industry based on the Isle of Man, and we want to make sure that they feel like this is a place
where they can reach their full potential. “
feel like this is a place where they can reach their full potential. We currently have some of the most exciting digital projects we’ve ever had on Island, and we want prospective talent to relish in the opportunity of coming to work here, building their skill set and advancing their careers. People have always been at the centre of our strategy, and we will continue to recognise the role that they play in making our Island such a unique place to work and grow.
2018 will no doubt throw up further twists and turns in the e-Gaming space, but I am certain that the sector will meet any unexpected challenges head on.
NEWSWIRE / INTERACTIVE / MARKET DATA P107
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