Compliance Updates

Isle of Man Sees Unprecedented Demand in Licence Applications From Global Online Gambling Businesses

Published

4 years ago

March 24, 2021

Reading Time: 2 minutes

The Isle of Man has seen a huge increase in demand from global gaming operators amid proposed changes to regulation and structure in some jurisdictions.

Initial enquiries, sparked by uncertainty about the impact and scope of jurisdictional and political changes, and positive follow-up discussions have seen service providers on the Isle of Man report an uptick in enquiries from businesses wanting to relocate to the Island over the last 12 months.

There has been a thirty per cent increase in demand this year with the number of licensees to be supervised by the Gambling Supervision Commission now at 55 with several more in the pipeline, an increase of 21 in last 12 months, in comparison to 8 licence approvals in 2019.

European Gaming Congress 2024 (Warsaw, Poland)

The recent regulatory changes in alternate jurisdictions, combined with the Island’s handling of Covid-19 and the introduction of a new software supplier licence has contributed to a significant surge in the number of applications as businesses seek strong regulation around player protection providing comfort to banks, PSP’s and investors.

Steve Brennan, Chief Executive of The Isle of Man Gambling Supervision Commission, comments:

“We are exceptionally busy at the minute processing a significant rise in the number of applications for online gambling operators.

We continued to work throughout lockdown, and over the last 10 months, we have received or completed a considerable number of applications. By the time we have closed those out and added recent applications, we will have 60 licences to supervise.”

Speaking on why operators are choosing the Isle of Man, Jade Zorab, Director of Amber Gaming, responded:

“The Isle of Man has proven to be at the forefront of the more notable eGaming jurisdictions over the years. It has a combination of a stable political and economic environment, low tax and advanced IT infrastructure in addition to a cluster of experienced and reliable professional organisations – all of which has created a compelling proposition for eGaming companies both locally and further afield.

“The Island also offers a flexible licensing regime with a pragmatic and efficient regulator, which is especially valuable during a time where there is so much global uncertainty and regulatory changes in several other jurisdictions which brings the prospect of significant operational challenges. Given the Island’s strong reputation and open and innovative approach in the evolving gaming landscape, the future outlook is positive and it is no surprise that the Isle of Man is experiencing an influx of eGaming ventures, which we are proud to support.”

Lyle Wraxall, Chief Executive at Digital Isle of Man, adds:

“A key strength of the Isle of Man is its commitment to the development and continued success of the eGaming companies domiciled here. Digital Isle of Man supports this by striving to build and maintain solid foundations for our Island businesses to flourish, offering quick fire advice and tackling obstacles to ease business decisions and burdens along the way.

We have strong heritage and credentials in the eGaming sector and are renowned for our premium regulation which is becoming more and more important to businesses. As businesses licensed elsewhere seek security and continued business growth, the experience and expertise based in the Isle of Man is the logical next step for businesses to mature and grow.

The Isle of Man has a track record of being a safe and secure place for businesses to grow, and boasts a confident, stable economy, with no market restrictions, ensuring minimal disruption to business progress and opportunities.”

Brazil

Delasport Launches First Partnership in Brazil

Published

21 hours ago

February 6, 2025

GamingAmericas.com

delasport-launches-first-partnership-in-brazil

Delasport, a global leader in sportsbook and iGaming solutions, launched its first official partnership in Brazil. With this key step, Delasport is expanding its global presence and advancing the Brazilian sports betting landscape with its highly innovative technology and comprehensive player engagement tools.

Following the recent regulatory advancements in Brazil’s gaming sector, Delasport has successfully obtained the necessary certifications to operate in the country. The company’s entry into this high-potential market aligns with its global strategy to provide world-class betting experiences in regulated markets worldwide.

“Brazil represents a key milestone in our global expansion strategy, and we are happy to launch with the first partner and another one on the way, this time with our full solution,” said Unai Concha, Senior Business Director at Delasport. “We are thrilled to bring our premium sportsbook and iGaming solutions to Brazilian operators, empowering them with the best technology available in the industry today.”

Delasport’s offerings in Brazil include:

A fully managed localized sportsbook platform that is full of innovative features tuned to elevate players’ betting experience
AI-driven personalization and engagement tools to optimize player retention
Advanced risk management and fraud prevention solutions

Brazil’s regulated sports betting market is expected to experience rapid growth, and Delasport is committed to ensuring a seamless and responsible betting experience for operators and players alike. By leveraging its expertise and innovative solutions, the award-winning B2B supplier aims to play a pivotal role in shaping the future of online gaming in Brazil.

The post Delasport Launches First Partnership in Brazil appeared first on Gaming and Gambling Industry in the Americas.

Australia

Greens Offer Pathway to Pass Gambling Ad Laws

Published

22 hours ago

February 6, 2025

Niji Narayan

greens-offer-pathway-to-pass-gambling-ad-laws

Reading Time: < 1 minute

The Greens have offered the Albanese Government a pragmatic pathway to tackle the harms of gambling advertising with new laws this fortnight.

The Greens have released a letter sent to Communications Minister Michelle Rowland last week in which the party offered Labour a compromise: to ban gambling ads online, ban ads before and after sport and during kids viewing times, and to create a cap of 2 ads per television programme, mirroring the Government’s earlier position.

Greens Communications Spokesperson Senator Sarah Hanson-Young said:

“Gambling ad reform is the unfinished business of this parliament. The public want this done before the election and the Government should listen and act.

“We’re offering a pragmatic pathway here and there is just enough time to get it done. On Wednesday, the Senate will debate and vote on the Greens’ bill to ban gambling ads. All sides should back it.

“We will support legislation this week to ban gambling ads online and implement some broadcast restrictions before and after sport and during kids viewing times.

“This offer is consistent with the Albanese Government’s previous promises.

“If the Government is serious about preventing gambling harm and protecting our kids they will jump at this offer.

“Australians want gambling ads banned and stakeholders are desperate for action.

“The Albanese Government shouldn’t let the perfect be the enemy of the good. The Greens have compromised and Labor should too.

“The Greens will push for a full gambling ad ban in the next parliament but in the meantime we should work together for the sake of our kids and communities.

“Australians lose more to gambling than any other nation than earth and we need our politicians to act.”

The post Greens Offer Pathway to Pass Gambling Ad Laws appeared first on European Gaming Industry News.

Compliance Updates

Gaming Laboratories International (GLI) to Stage 25th Regulators Roundtable April 16 and 17 at Palms Las Vegas

Published

22 hours ago

February 6, 2025

Niji Narayan

gaming-laboratories-international-(gli)-to-stage-25th-regulators-roundtable-april-16-and-17-at-palms-las-vegas

Reading Time: 2 minutes

Gaming Laboratories International (GLI) will illuminate, inform and inspire attendees at its 25th Regulators Roundtable. The gaming industry’s premier educational event takes place April 16 from 7:30 AM – 4:30 PM and April 17 from 8:00 AM – 3:00 PM at the Palms Las Vegas, 4321 W Flamingo Rd, Las Vegas, Nevada.

“Whether this is your first GLI Regulators Roundtable or your 25th, this year’s event promises to be an engaging experience, crafted specifically for gaming regulators, regulatory staff, lottery directors, security directors, and industry leaders,” said Joseph Bunevith, Vice President of Regulatory and Government Affairs.

The 25th Regulators Roundtable is two days of stimulating panel discussions and thought-provoking presentations.

Molly Bloom, inspirational speaker and subject of the Oscar-nominated film, “Molly’s Game”, bestselling author, U.S. Ski Team Alum, and host of the award-winning podcast, “Torched” will present a thrilling keynote address. Bloom is legendary for running the world’s most exclusive high stakes poker game frequented by A-List Hollywood celebrities and sports figures. She is a top-booked inspirational speaker and one of Fortune’s Most Powerful Women. She shares a life journey of triumph, ruin, and reinvention—from Olympic dreams crushed by a career-ending accident to seeing her multi-million-dollar business threatened by organized crime and shut down by the FBI. Her story of grit, resilience and self-determination has been called a “goosebump experience,” inspiring corporate audiences and winning stellar reviews.

General and breakout sessions include:

• A Regulator’s Journey – Becoming Cybersecure

• AI Impacts on Gaming Study

• Cybersecurity Regulations Around the World – What Works and How to Interpret Them

• Improve Your Slot IQ

• Level Up: Thoughts on a Future of Gaming That Balances Fun, Fair Play, and Harm Minimization

• Outlawed Bets: Combating the Rise of Illegal Gambling and Its Impact on Regulated Markets

• Regulating Games in A World of Personalized Experiences

• Regulating the Mobile Landscape

• Regulation After Dark: What is Keeping Regulators Up at Night?

• Rookie Regulators

• Taking Control of Your Slot Floor with Tools by Kobetron

• Top 10 Trends in Tech

The Innovation Tech Hub presented by GLI University will showcase the latest in gaming technology with live demonstrations, insightful knowledge from or subject-matter experts, and “hands-on” examples of GLI’s groundbreaking products and services. Exhibitors include Bulletproof A GLI Company, IXUP Limited, Kobetron and Pokerlab.

The post Gaming Laboratories International (GLI) to Stage 25th Regulators Roundtable April 16 and 17 at Palms Las Vegas appeared first on European Gaming Industry News.