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Major Developments in E-Gaming and Related Sectors 19 August 2005

    Following the announcement of the granting of a gambling licence to Poker Stars, the second largest operator of its type in the world, the Isle of Man has received very positive feedback and considerable coverage both in the business and trade media.

    The publicity has helped to raise considerably the Island’s profile amongst the international e-Gaming industry.

    The Department of Trade & Industry is in negotiations with a number of very significant companies wishing to relocate part or all of their operation to the Island. These range from additional poker and sports betting operators to businesses supplying specialist IT skills and experience, such as may be used in hosting gaming companies systems and in providing disaster recovery facilities.

    Some of the discussions are at a relatively advanced stage and the Department is confident that these will result in more successes for the Island in the short/medium term.

    Minister for the Department, Alex Downie MLC said “I’m delighted that we are now starting to see some significant new e-Gaming businesses looking to establish a presence on the Island. There is real evidence that we now have a very competitive environment for those e-Gaming businesses wishing to operate from a quality, well regulated jurisdiction. Poker Stars, for example, will have its Headquarters and Management Control located in the Isle of Man and will create 20 – 30 quality jobs. This is exactly the type of new high value business that will benefit the Island’s economy”.

    Further information from:-

    Bill Mummery, E – Gaming Ambassador, Dept of Trade & Industry, Hamilton House, Peel Road, Douglas.

    Tel: +447624494113 Email: Bill.Mummery@gov.im

    19th August 2005

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