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Iforium, recognised for Achievement in Entrepreneurship and seeking new talent

by Kate Lord

Isle of Man based E-gaming Software Company Iforium has been presented with an award for Achievement in Entrepreneurship.

Iforium is a fast growing software development company specialising in the development of E-Gaming Sports Betting and Casino management platforms. The company has led the way with industry innovations such as Gameflex, a platform which allows a gaming operator to seamlessly combine premium gaming content under a common bonus and loyalty points system. Now in a phase of rapid growth, the company seeks new talent to join their expanding operations.

Isle of Man Business Incubator presented the award in recognition of Iforiums contribution to industry and rapid growth. Iforium follows in the footsteps of last years winners Bladon Jets, the company that developed the micro-gas turbine engine and has since entered into a partnership with Jaguar LandRover and attracted investment from Tata. Craig Osborne, the founder of Iforium commented: The key to our success is combining one of the most talented technical teams in E-gaming with a clear commercial strategy. Our software engineering practices allow us to continuously innovate in a fast changing industry. Our approach is now leading to significant commercial success. We are constantly looking for new talented developers, automated testers and network engineers to join our team.

Kate Lord-Brennan of Isle of Man Business Incubator said: The business incubator made a difference to Iforium at an important stage of its development. It provided the company with the opportunity to mix with like-minded entrepreneurs, including the team behind Bladon Jets. We wish Iforium continued success.

- Ends -

The key to our success is combining one of the most talented technical teams in E-gaming with a clear commercial strategy."

Craig Osborne, Founder of Iforium

If you'd like to send any information or news releases to us then please feel free to do so and we would be more than happy to consider sharing your news with the Isle of Man!

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Iforium, recognised for Achievement in Entrepreneurship and seeking new talent

The Ambassador's son – and a very undiplomatic row with the local girl who had his baby

Duncan Taylor's son Max calls pregnancy an 'accident' 'unplanned' and 'a shock' Claims mother of his daughter has been making 'threatening, late-night phone calls' to him Cayman Islands governor helps son with monthly child-support payments and said his granddaughter 'brings joy to both our families'

By Paul Thompson

PUBLISHED: 18:03 EST, 21 April 2012 | UPDATED: 06:00 EST, 22 April 2012

Shock: Max Taylor, the son of the Governor of the Cayman Islands says finding out he was a father was a shock he was not ready for

When distinguished diplomat Duncan Taylor became the Governor of the Cayman Islands, he promised that his family would strive to get to know the locals.

Two years later his 25-year-old son Max has rather exceeded those expectations by fathering a child after a brief liaison with the daughter of a prominent local businessman.

Their daughter, Serenity, was born seven months ago.

However, the relationship between Max, a 7-an-hour hotel swimming pool attendant, and the babys mother, Sophia Rankin, has grown increasingly rancorous and now threatens to set tongues wagging in this slow-moving British overseas territory and tax haven.

Yesterday, as he stood on the steps of the imposing white-washed Government House, where he lives with his parents, Max said he felt intimidated by Ms Rankin.

He claimed she had been making threatening late-night phone calls, accusing him of shirking his responsibilities. I hope it doesnt cause trouble for my father, he said.

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The Ambassador's son - and a very undiplomatic row with the local girl who had his baby

Dublin firm Dillon Eustace opens Cayman Islands base

23 April 2012 | By Joanne Harris

Irish firm Dillon Eustace has become the first onshore firm to open an office in the Cayman Islands.

The firm has hired funds lawyer Matt Mulry from an in-house role at Prosperity Capital Management as a partner to kick-start the office. Mulry formerly worked at offshore firm Ogier.

Irish-qualified commercial litigation specialist John Fox also joins Dillon Eustace in Cayman from local firm Stenning & Associates, with the aim of building a dispute resolution practice.

Dillon Eustace said the opening was in response to client demand for Cayman-domiciled products, despite the anticipated impact of the EUs alternative investment fund managers directive.

Managing partner Mark Thorne said: The continued strengthening of Caymans regulatory regime and its focus on good corporate governance is bringing the jurisdiction more in line with established onshore practices.

The move follows the decision by offshore firms Maples and Calder and Walkers to open Dublin offices in 2006 and 2010 respectively. While offshore firms have established a number of offices, predominantly representative, in traditionally onshore jurisdictions in recent years, Withers has been the only onshore firm to move offshore with a British Virgin Islands launch (30 April 2009).

Dillon Eustaces Cayman office will provide advice in commercial and securities litigation, funds establishment, insurance and banking law as well as compliance and regulation. The firm is also planning the launch of a corporate services business, which, subject to Cayman Islands Monetary Authority approval, will open in the third quarter of the year.

The firm also has offices in Hong Kong, New York and Tokyo as well as its Dublin headquarters.

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Dublin firm Dillon Eustace opens Cayman Islands base

Letter: Tax Day Freedom Rally

To the editor:

In reading the article about the tax day Freedom rally, comments are required.

First, thank you Bears Ears Tea Party Patriots for caring. I was out of town and unable to attend, so again thank you.

I will try and put this into perspective for people: those who attended are paying attention to the crisis in this country, and those who did not need help with the numbers.

Approximately 55 people, less than half of 1 percent of the population of Moffat County are addressing issues that affect 100 percent of you.

I have raised the subject before that apathy is not an option. One only need look at the disaster created by people unwilling to go the extra mile, and now instead of a large problem, we have a major crisis.

Some more numbers to consider: conservatives and moderates outnumber liberals by approximately 3 to 1, so why are we getting liberalism shoved down our throats?

One reason is apathy, and another is people are too lazy to get off their backsides and do something about it. We have a president and a Democrat-controlled Senate that is doing everything in their power to destroy this great country, a president who has spent his entire first term running for his second term and ignoring the plight of this country.

The message from our leader is we need more government help to get by, therefore we must raise taxes on those nasty rich people.

More numbers: first we could tax these rich people at 100 percent, i.e., take all of their money, and it would not even pay for 1 year of government spending, and the rich would be broke and unable to provide jobs to anyone else.

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Letter: Tax Day Freedom Rally

Runner: Little to celebrate on Tax Freedom Day

There was a very important day last week a day even more significant than when your taxes were due. In California, Tax Freedom Day arrived Friday.

Calculated annually by the Tax Foundation, Tax Freedom Day is the day on which the average Californian has finished earning enough money to pay all of his or her federal, state and local taxes this year.

So, congratulations! Just a mere 110 days into the year (not counting Feb. 29), you finally started working for yourself instead of the government.

But before you break out the champagne, note the following:

n Tax Freedom Day was four days later than last year. It would have been even later had the governor and Legislature succeeded in their efforts to raise car taxes, income taxes and sales taxes.

n Californians must work longer for the government than residents of other states. The average American achieves tax freedom three days earlier than the average Californian. That's one reason many workers leave our state as soon as they retire.

n If taxes were raised high enough to pay for all government spending, California's Tax Freedom Day wouldn't come until May 17.

Tax Freedom Day used to arrive much earlier in the year. According to the Tax Foundation, in the year 1900 Americans paid only 5.9 percent of their income in taxes and Tax Freedom Day was Jan. 22.

Over the years, the sheer number of taxes and their overall cost has grown tremendously. In fact, it's jarring to compare our current taxes to what Californians paid a century ago.

In the early 20th century, Californians paid no sales tax the sales tax was first imposed in 1933 at a rate of 2.5 percent. Today, Californians pay sales tax rates as high as 9.75 percent.

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Runner: Little to celebrate on Tax Freedom Day