Island banks are hindering eGaming companies from progressing on the Isle of Man.
That’s the view of KPMG’s head of eGaming who says it’s difficult to get banks to hold money on their behalf and process company transactions.
Over 200 industry experts and workers gathered for the KPMG eGaming Summit yesterday at The Palace Hotel.
Archie Watt says finding banks willing to co-operate is one of the sector’s biggest challenges - whereas in other jurisdictions they scramble for the investment:
Few doctors recommend Manx Care as a workplace in survey
Fewer than a quarter of Island doctors say they'd recommend Manx Care as a place to work.
Treasury Minister to be quizzed on universal basic income
Treasury Minister Chris Thomas will face questions about universal basic income next week.
IT expert faced £42k UK tax bill after "avoidance scheme"
An IT expert left facing a UK tax bill of more than £42,000 after signing up with an Isle of Man company has had his penalty reduced.
Joe Locke to star in new movie this year
Manx actor Joe Locke's next movie will be on the big screen later this year.
New youth club coming to the North
A new youth club for highschoolers is launching in the North.
Bus Vannin issues zero-tolerance statement after abuse
Bus Vannin says it operates a zero-tolerance policy when it comes to abuse against its staff.
Mountain Road closed again this morning
Police say the Mountain Road is closed because of snow and ice again this morning.
Four more ferry crossings affected by weather
The Steam Packet Company has rescheduled four sailings as bad weather continues to affect sailings.
