New online casino regulations for IoM

The Isle of Man (IoM) government has announced new online casino regulations designed to further enhance the regulatory framework of remote gambling jurisdiction.

The changes that have come into force relate to the Online Gaming Regulation Act 2001 (OGRA) concerning the three areas of software testing, disaster recovery provision and advertising and marketing, according to onlinegamingnews.

Bill Mummery, head of e-gaming development for the Isle of Man government, said: “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.”

With regard to software testing, the changes will reduce the cost and complexity of compliance for licence holders by simplifying the software approval process.

Changes to ‘disaster recovery’ regulations will now mean that online gaming operators will be able to use the world-class telecoms infrastructure and IT skills available on the Isle of Man should disaster recovery be needed.

New advertising and marketing regulations will also enable operators to manage and control all such activities from the Island in support of their clients.

Comments are closed.