IoM E-Gaming A Hit At ICE 2014
by Jason Gorringe, Lowtax.net, London
17 February, 2014
The Isle of Man said on February 12, 2014, that it received an extremely high number of inquiries from businesses following the ICE Totally Gaming event in London.
Howard Quayle, the Department of Economic Development's Political Member with responsibility for e-Gaming, joined the Isle of Man delegation for part of the event. He said: "Undoubtedly ICE 2014 has been a great success for the Isle of Man. From the hundreds of people who came to the stand and from experiencing first-hand the collaborative and partnership approach that Government and industry take, it is clear that the Island is a highly professional, respected key player in this industry.
"It was also apparent from the visitors to the stand that I spoke with that many potential licensees were already favoring the Isle of Man over other jurisdictions and were looking at how to proceed to do business with us.
"The broader e-Business sector, which includes e-Gaming, has grown very rapidly such that it now represents over 14 percent of the Isle of Man's economy and directly employs over 1,500 people. I am confident that the relationships developed at ICE 2014 will ultimately translate into new jobs and further economic benefit."
Peter Greenhill, CEO, e-Gaming, Department of Economic Development said: "The quality of the attendees at the Isle of Man stand surpassed all expectations."
"At ICE we met senior representatives of diverse businesses seeking to relocate to the Island from all aspects of gaming ranging from potential licensees, software houses and software developers through to those with innovative, patented new ideas in standard sports book and casino models."
"The Isle of Man already has 56 licensed e-gaming operators and my team is now working with around 15 businesses who are actively considering locating here. Our world class technology infrastructure, stable economy, internationally respected regulation and supportive Government were quoted as reasons why we were being chosen, and of course a cost effective operating base that welcomes new companies, their staff and their owners."
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