eGaming licence offers 'competitive advantage'

Monday, 1 April 2019 06:18

By Rob Pritchard @rpritchard9

An Island firm says a new type of egaming licence can provide a 'competitive advantage' for local businesses.

SMP eGaming has helped secure a Software Suppliers Licence for one of its clients, which has become one of the first Isle of Man companies to hold one.

Head of Corporate Development at SMP, Jade Zorab, says it'll reduce the time for operators to offer games to players and revenue streams can be attached quicker.

The licence was issued by the Isle of Man Gambling Supervision Commission, which sees an amendment to the Online Gambling Regulation Act.

More from Isle of Man Business

Cav supports sports investment fund

Manx cycling star Mark Cavendish has joined the likes of football star Cody Gakpo and MotoGP rider Cal Crutchlow in a sport investment fund.
Chamber of Commerce says hospitality approaching crisis point

The Isle of Man Chamber of Commerce is asking the government to take urgent action to protect the future of the Island's hospitality industry.
Tax deadline approaches for employers

There's just a fortnight left for employers and contractors to get tax returns in.
Digital innovation for business event in Douglas this week

An event welcoming people from all business sectors across the Island is taking place later this week.
How loyal are you to your bank?

A company's asking for people to take part in a survey as it gauges customer loyalty on the Island.
Has your Go card stopped?

Isle of Man Transport says IT problems this week means some Go cards haven't topped up properly.
Sustainable workplaces feature in presentation

A presentation about sustainability in the workplace takes place later this month.
College teams up with FSA

University College Isle of Man is teaming up with the Island's financial regulator to train people who want to work in business support roles.