Isle of Man helping Gaming Companies

The Government of the Isle of Man have announced changes to the Online Gaming Regulation act of 2001 (OGRA). The changes, designed to further improve the regulatory framework of the popular gambling jurisdiction.

The announced changes relate to three important areas, software testing, disaster recovery provision, advertising, and marketing. The main aim of these changes is to make it simpler and cheaper to gain regulatory compliance by simplifying the software approval process.

The changes to ‘disaster recovery’ will now allow operators licensed and regulated in other jurisdictions to make use of the world-class telecoms infrastructure and IT skills available on the Island to provide disaster recovery.

Additionally, new regulations in Advertising and marketing will enable specialised activities of advertising and marketing to be established, managed and controlled from the Island in support of their clients.

Bill Mummery, Head of e-gaming development for the Isle of Man Government commented, “The Island has seen significant progress in recent years in attracting leaders from key sectors… These legislative changes, produced with the support of Berwin Leighton-Paisner, the London based international law firm, will increase the competitive advantage for the Island’s economy and its operators.”

Source: - 2006-01-30 13:30:34

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