Isle of Man unveils new regulations
Under the new regulations, the exclusions from licensing include activities such as marketing, administration, software downloads, customer support and relay servers allowing egaming companies and other related businesses to base their non-gambling allied activities in a jurisdiction which supports all aspects of the industry.
Companies will still need an OGRA gambling licence for core activities including striking the bet and player fund activity. Garth Kimber, head of egaming development, commented: "The Isle of Man is developing a multi-faceted egaming industry and activities such as marketing, administration and customer support are an important part of this."
"Moreover, in the last 12 months we have worked to ensure our regulatory environment is compatible for a variety of egaming companies and changes to our gambling regulations further highlight the flexible approach the Isle of Man Government takes in order to accommodate the needs of new and existing businesses.
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