Isle of Man is Respected
Licensing from the Isle of Man is a fast way for online casinos and gambling
companies to ensure that they have a step up in the industry when they launch
their sites. There is a growing tendency in the international internet gambling
industry for dishonest and illegal gambling companies to find licensing in
sketchy jurisdictions with lax standards. The Isle of Man though has some of the
most thorough and strict licensing requirements in the world and the Isle of Man
regulatory authorities guarantee every dollar that is gambled at one of their
approved online casinos. That means that even if the internet gambling company
folds and is not able to honor account balances and winnings payouts, the Isle
of Man will ensure that gamblers receive all of the money that is due to them.
These tight regulatory controls have been in development over the past several
years as the online casino gambling industry only really started about a decade
past. The various licensing jurisdictions have adopted and altered policies as
needed to protect the millions of internet gamblers and gamers that invest their
time and money in the companies. Bill Mummery is well regarded among Isle of Man
licensed online casinos and the international internet gambling industry because
of his work as a regulator for the Isle of Man.
Mummery recently announced that he no longer holds the position as Isle of Man
regulator and is instead now the Executive Director of an online casino gambling
site licensed in the Isle of Man, Celton Manx limited. Mummery lends his
expertise to the company, which is a subsidiary of SBObet – an Asian facing
gambling group. |