Online casino gaming licenses can be acquired through a variety of
government-run gambling regulatory bodies. The most notable of these include the
Kahnawake Gaming Commission of the Mohawk territory of Canada, Antigua and
Barbuda, Costa Rica, Gibraltar, Alderney, the Isle of Man, and the largest and
most prominent - the United Kingdom. Of these, the UK is obviously the most
comprehensive of the group, which may be precisely why Isle of Man has been
taking steps to morph its regulatory guidelines so they not only meet the
growing concerns of online casino operators, but are also more closely modeled
after the newly developed UK regulations.
According to the head of Isle of Man's e-gaming development, Bill Mummery,
changing the regulatory framework has resulted in new guidelines that are
complimentary with the new UK regulations as well as being conducive to the
business opportunities needed by gaming operators to successfully run their
operations. Staying true to their commitment of enforcing a strong regulatory
system, Mummery says the Isle of Man will continue to serve as a premier
jurisdiction.
The numbers attest to Mummery's remarks. The Isle of Man has encountered a
30% increase in online casino licensees since revising their regulations, which
Mummery says can also be attributed to the recent crackdown by the U.S.
government, and the recent surprise arrest of SportingBet CEO Peter Dicks in
France. Mummery says that online casino operators need to conduct honest and
comprehensive business risk assessments, which should suggest the imminence of
conducting business under the protection and regulation of a premier
jurisdiction such as that conducted in the UK and the Isle of Man.
Perhaps the time time is coming nigh in which even more government's of the
United Kingdom's stature will embrace the regulation of online gambling. The
recent, shocking turnaround of Italian authorities to accept outside e-gaming
applications by independent operators confirms this to be a very likely
possibility. In the meantime, before heavy hitters like the U.S. vote on their
own position regarding the industry, Mummery predicts more and more online
casino operators will continue to find a haven in the UK and Isle of Man.