kennex
1205
2009/01/23 09:42
#260421
Manne wrote:
The business section of the Isle of Man Today newspaper reported this week that Internet gambling is the fastest growing sector of the Manx economy, bucking the economic slowdown trend with the prospect of new businesses and new jobs being created on the island over the next few years.
More than 360 jobs have been created in the past three years, the newspaper reports, with some of the biggest names in the online gambling industry including Microgaming, PokerStars and Playtech setting up head offices.
The report reveals that there are currently 13 licence holders with eight new licences issued in 2008 and two more operators due to go live shortly. Another 10 applications are with the Gambling Supervision Commission for approval and 10 more are at various stages of preparing an application.
:dirol
Join:
2007/02/24
Messages:
1205
The settlement negotiations are taking place between PartyGaming and the US Justice department. The company's founder has recently plead guilty to illegal Internet gambling and has forfeited $300 million.
PartyGaming has said they have no plans on paying the US anywhere near that figure. They are, however, willing to pay something to be cleared of any wrongdoing they might have been involved in.
:helpme