Isle of Man
The chairman and managing director of betinternet.com plc, Vincent Caldwell has welcomed the successful applications for on-line gaming licences to three of the industry's leading operators, MGM Mirage, Sun City, Littlewoods Leisure, announced today (Thursday), issued under the Isle of Man On-Line Gaming Regulations Act.
Mr Caldwell commented: 'As an acknowledged specialist in on-line sports betting with an established infrastructure,betinternet.com has already been approached by a number of the licence applicants with a view to act as a Manx-based service provider. This infrastructure includes the world's largest 'pari-mutuel' totalisator wagering super-hub, housed at our headquarters here in Douglas, Isle of Man and due to go live next month.
'The issuing of on-line gaming licences is a tangible example of the government's e-commerce vision, a strategy which, as an e-commerce and leisure business ourselves, we wholeheartedly endorse.
'These licences represent yet another world first
for the Isle of Man. The Manx government has demonstrated its foresight
by recognising and embracing what is now becoming a rapidly expanding global
gaming industry - a move that will undoubtedly further enhance the Island's
reputation as a leading, well-regulated and forward-thinking jurisdiction.
We understand there are applications for a further nine on-line gaming
licences, and given betinternet.com's expertise and technology already
in place, we look forward to the opportunity to play our part in the development
of the Island's
For further information please contact: -
Vincent Caldwell, Chairman
& Managing Director, betinternet.com plc
Mark McGuinness, Marketing
Controller, betinternet.com plc
John Moriarty, Senior Consultant,
Hill & Knowlton Financial
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