Online gambling discussed by the executives from the industry's leading companies

“The Summit was a great success, not only as an educational and networking tool for the delegates, but also as a way of raising the profile of this key industry. The Isle of Man has a huge part to play in the global e-gaming industry and this sort of engagement between the key players is essential to the jurisdiction continuing to thrive,” Micky Swindale, Associate Director at KPMG Isle of Man and event coordinator, assessed.

Last Month, executives from some of the online gambling industry's leading companies based on the Isle of Man gathered at an e-gaming summit hosted by top international professional business services provider KPMG.

The Honourable Allan Bell, Minister of the Department of Economic Development, opened the inaugural summit highlighting the role of the Isle of Man as an e-gaming jurisdiction. This was followed by numerous government and the private sector representatives discussing the ways to ensure that the island remains a desirable and effective jurisdiction which is competitive worldwide in this fast-developing industry.

Presentations were held at the Mount Murray hotel for more than 150 delegates from both on and off the Island, an industry regulatory jurisdiction. The gambling industry top executives attended the event and participated in the fruitful discussion, including Greg Petts of Pokerstars, Roger Raatgever from Microgaming, Bill Mummery of Celton Manx, Richard Ebbutt of Continent 8, and Dan Starr from Neovia Financial. The presence of Brian Donegan from the Department of Economic Development and other senior Isle of Man government personnel at the summit contributed to the level of the event.

General issues such as future development, insurance and pertaining laws and regulations were subject of the afternoon session. The final part included panel of experts fielding questions from the delegates. It is worth mentioning that the afternoon session was attended by even 180 delegates while extra tables were subsequently added to accommodate members of the press and other interested parties.

January is scheduled for the post-event report release sponsored by Continent 8 Technologies. The report will cover the key themes and issues raised at the Summit with the intention of presenting them as catalysts for further debate.

One of the pillars of the Isle of Man economy is the e-gaming industry as it directly employs hundreds of employees, and is a major secondary employer through the use of local IT and financial services.

KPMG and Continent 8 expressed their hope that the Summit’s success will be followed by the eClub as a regular networking event for everyone related to and interested in the gaming industry on the Island.

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