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Industry
October 31, 2024
Isle of Man Regulator Responds to UN’s Laxity Accusations
Isle of Man’s Gambling Supervision Commission (GSC) has responded to a UN report that accused it of relaxed licensing practices. While the report suggested that the commission has allowed Asian criminals to exploit the licensing system for cyber fraud, the GSC said that its team remains vigilant. The GSC Refuted the Laxity Claims Mark […]
Industry
October 28, 2024
Isle of Man Stops 3K Underage Users from Gambling
The regulatory body responsible for the governance of all gambling activities on the Isle of Man and recognizable international regulator in remote gambling, the Gambling Supervision Commission (GSC), released the results of a new study. The survey report was administered to the country’s 35 license holders offering services under the Online Gambling Regulation Act 2001. […]
Industry
October 7, 2024
CyberHorizon Slapped with Fine by GSC for AML, CTF Failures
The Isle of Man Gambling Supervision Commission (GSC), which is responsible for regulating most forms of gambling in its territory including land-based and online gambling services, has levied a £140,000 ($184,000) fine on CyberHorizon Limited. Multiple AML and CTF Violations The fine came as a result of the commission uncovering multiple violations of anti-money laundering […]
Industry
September 20, 2024
SolutionsHub Helps Evolution Get Isle of Man Software Supplier License
Leading business-to-business solution provider for casino operators offering live casino, live game shows, and slots, Evolution, has expanded its services in the Isle of Man with the help of a new software supplier license issued by the authorities in the jurisdiction. The software supplier software license was obtained with support from eGaming consultancy SolutionsHub, a […]
Industry
July 25, 2024
Isle of Man Gambling Regulator Cancels Two Licenses
The independent statutory body established to govern all gambling activities on the Isle of Man and recognizable iGaming regulator, the Isle of Man Gambling Supervision Commission (GSC), announced tough regulatory actions against two companies that held a license in the country. On Wednesday, the gambling watchdog confirmed the cancellation of the license for King Gaming […]
Business
July 11, 2024
Isle of Man Regulator to Part Ways with CEO Steve Brennan
Steve Brennan announced that he will be stepping down as chief executive officer of the Isle of Man Gambling Supervision Commission (GSC) after almost two decades in the position. He confirmed that his departure will come toward the end of 2024. Brennan boasts some 38 years in the Isle of Man Government, the last 17 […]
Business
April 9, 2024
Entain’s Stock Soars as Private Equity Firms Eye Potential Breakup
Entain, the parent company of renowned betting firms Ladbrokes and Coral, witnessed a surge in its stock prices following reports of potential interest from private equity giants like Apollo and CVC Capital. The speculations about a prospective breakup of Entain have been rife, fueled by recent announcements regarding a formal review of the company’s structure […]
Casino
October 12, 2023
A New Casino Project Would Breathe Life into Isle of Man’s Capital
Altostratus Limited, an Isle of Man-based firm, has submitted a proposal for the development of a new casino in the British Crown dependency’s capital. The project would see a new property established at the Middlemarch site in Douglas. Altostratus’ project envisions turning the site into a six-story casino building packed with a gaming space, a […]
Industry
July 28, 2023
Altenar Expands in the Isle of Man, Opens New Corporate Office
The leading iGaming and sportsbook software supplier, Altenar, expanded further its footprint by announcing the opening of its new, larger corporate headquarters located in the Isle of Man. The latest announcement represents an important achievement for the company as complements its growth in the Isle of Man and boosts its global footprint. Celebrating the opening […]
Industry
June 26, 2023
Crucial Compliance Opens New Office in the Isle of Man
After it was selected as a finalist in the 2023 Isle of Man Fintech Innovation Challenge in March and shortlisted for the Compliance Solution & Partner of the Year Award and the Player Protection Service Provider of the Year Award by SBC the following month, Crucial Compliance has fresh news. The player protection company that […]
