im Craine, Head of E-Gaming at the Department of Economic Development commented: ‘The Isle of Man has an excellent reputation amongst Asian operators, and our experience in Macau this year has been a testament to this. Our existing clustering success together with our clear commitment to the region means we have a lot to offer; our industry still has much to gain from the Asian e-Gaming boom.’
Alex Downie OBE, MLC, Political Member for e-Gaming with the Department of Economic Development said: “Attendance at these events is essential for the encouragement of new business to the Island, and serves as a prime example of the Government and industry working together with the joint objective of creating new opportunities for this important and growing sector.”
This year the iGA event attracted some 58 expert speakers and panelists from around the globe, together with a large audience of practitioners from the industry and the legal profession. The iGA event is the premier annual event in the Asia region and has been a long standing source of new business enquiries for the Island’s corporate service providers, telecommunications companies and data centres.
Representing the Isle of Man Government, the delegation was led by Head of e-Gaming, Tim Craine and e-Gaming Business Development Manager, Ray Davies. From the private sector, there were representatives from SMP Partners, ILS, Equiom, Boston, MannMade, OCRA, Manx Telecom, Domicilium and Continent 8.
Tim Craine chaired a panel session on the topic of “considering opportunities, challenges and growth prospects for Asian businesses in additional markets”, on which he was accompanied by Fergal McKenna from Manx Telecom and by Richard MacNee from ILS.
The Isle of Man was also represented on two other panels when Bruce Elliot from Boston contributed on the subjects of “managing local payment and fraud issues” and “catching the mobile wave”.
The Isle of Man has a well established track record of success in the Asian region and is already home to a large cluster of Asian owned or Asian facing companies including Celton Manx (SBObet), Xela Holdings (138sungame), Pacific Seas (12bet), Cube (188bet), Welton Holdings (Asiabet/Fun88), Asian Logic (Dafabet), HoGaming, Mandalay Gaming Holdings (Jet Casino), Keen Ocean, Sun Gaming. Mahjong Logic and Betinternet.
The Isle of Man is recognised as a centre of excellence in e-Gaming:
• Latest MEGA survey (Manx e-Gaming Association) conducted Jan 2013 found:
. Employment predicted to grow from 775 in 2012 to 854 by end 2013
. Excluding multiplier effects, direct expenditure in the sector in 2012 was us$ 266 million.
• The Isle of Man has a proactive approach to meeting international e-Gaming standards and conventions
• It is a world leader in terms of technological and telecoms infrastructure
• The Island has resilient and reliable power supplies
• The Isle of Man offers a comprehensive support network of data hosting providers, IT, digital media and professional services firms
• It takes a proactive approach to meeting international e-Gaming standards and conventions
• The Island offers 100 % player protection to gamers who use one of their companies.