The Isle of Man’s capital, Douglas, recently hosted the annual Digital Isle Local Government Conference. The event concluded that the island’s iGaming licensing jurisdiction continues to experience an influx of new overseas brands.
Attracting foreign online gaming businesses to the island is handled by the Digital Isle of Man government authority. It recently reported that targets to create 200 new jobs and increase the number of iGaming licenses to 90 during 2023 have been partially met. 14o, even if the number of active licenses is still behind schedule, Maine’s growing popularity among iGaming companies from various regions of the world is evident. Many representatives of the gambling business consider cooperation with the island as a reasonable investment. This has been influenced by legislative changes in competing jurisdictions, such as Curacao, as well as stricter requirements for licensees.
Among the new brands in the Maine jurisdiction are numerous operators from Asia who are not just registering on the island, but also placing employees there. One of the most popular companies, technology provider King Gaming, recently received planning approval for the largest privately owned andMacau’s gross gaming revenue of 17 billion.