Gamesys Group to set up new operational hub
An online gambling company is planning to make a home on the Island, and create 20 new jobs.
Gamesys Group is to set up a new operational hub to service its B2B business, which is focused mainly on market in Asia.
It's after the group recorded 31 per cent year-on-year revenue growth in its recent third quarter results.
The Gamesys Group is a FTSE 250 operator of online casino and bingo-led brands, with over 1,500 employees around the world.
CEO Lee Fenton says the decision marks an important milestone.
'The Isle of Man is a world-class location for gaming operations as it offers a long-established and stable regulatory environment, as well as an infrastructure that supports the online gaming industry'.
Mann Made Festival can get 'bigger and bigger'
Treasury minister 'hopes' businesses will pass on VAT reductions to customers
Hopes summer VAT cuts will ease cost of living pressures for families and businesses
