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Isle of Man Showcased At Premier European Expo

by Department of Economic Development

THE Isle of Man had a major presence in London last week at the ICE Totally Gaming Exhibition.
 
ICE is the premier exhibition in Europe for Gaming companies and is attended by entrepreneurs and business leaders from across the globe including terrestrial and online gaming companies, hardware and software providers, gaming platform providers, operators and affiliates.  Many companies use the exhibition as an opportunity to make contact with jurisdictions where they are considering obtaining a gaming licence to compare and contrast the various benefits and advantages of one jurisdiction over another.
 
The Isle of Man contingent, which consisted of members of the Government and a very significant number of those from the private sector, were inundated with enquiries and received over 200 visitors to the stand over the three days, over 75% of whom showed genuine interest in the Isle of Man as an e-Gaming jurisdiction.
 
The key themes that emerged over the three days included the Isle of Man’s highly respected reputation, the simple licensing structure, player protection safeguards, the new Network Licence, the ease of the application process and the Island’s robust, reliable technical infrastructure.
 
Alex Downie OBE, MLC, the Department of Economic Development’s Political Member with responsibility for E-gaming, attended the show on the opening day and was delighted with the interest that he saw.  He said: 
‘This is the premier European Gaming exhibition for the e-Gaming community which generates a lot of interest and potential new business for the Island.  The Isle of Man put on a great show and I was particularly pleased to see the Government and industry working side by side as usual.  The popularity of the exhibition clearly demonstrates the growing importance of the E-Business sector globally and that the Island is at the fore-front of the industry.’        
 
Ray Davies, E-Gaming Development Manager, said:
 ’We received a lot of interest on the stand this year.  The Island has an excellent reputation and most of the visitors were from companies who recognise the Isle of Man as their preferred jurisdiction for an E-Gaming licence.’
 
Mr Davies went on to say:
‘A lot of the companies that approached the Island were looking to obtain their first gaming licence, but we also had our fair share of enquiries from companies already established in other jurisdictions and interested in what the Island had to offer.  We are confident that we can convert the interest that we have received into real business for the Island.’

-Ends-

The Isle of Man put on a great show and I was particularly pleased to see the Government and industry working side by side as usual.

Alex Downie , Department of Economic Development

In Other Isle of Man News

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Isle of Man Showcased At Premier European Expo

Expats come home! – Video

26-01-2012 16:42 This isnt gaming for once, but its our geography work i uploaded just in case all other methods of transport fail, never know it may do well...

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Expats come home! - Video

SPECIAL: 'Azadi' to 'Vodafone'? Need for review

Jay-Z

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Jay-Z

Real Estate Wonk: Decent income, little savings?

Maryland is a high-income state. But it's also got a big share of defaulted mortgages, delinquent loans of all sorts and outsized credit-card debt, according to a new study by the Corporation for Enterprise Development.

What gives? Some of it is probably housing costs. Two-thirds of states have a smaller percentage of "house poor" homeowners, people spending 30 percent or more of their before-tax income on their mortgage, property taxes and other ownership expenses.

But we could probably do better. Sure, if you're between jobs, it's awfully hard to save. And if you've already locked in a high mortgage payment that strains your budget, your options might seem limited. Still, chances are there's something you can do.

Take the budgeting challenge with me: Figure out what you spent last year and on what -- something you might be able to do down to the item if you generally use plastic rather than cash. Then add up your various forms of savings and see how much bigger, or smaller, the grand total is compared with a year ago.

Some questions to think about when you're done:

Have you managed to save enough for at least six months of expenses -- or (considering how long unemployment can drag on these days) even more? Are you able to also set aside something for your life priorities, whether it's a down payment or a retirement nest egg?

Can you cut something out to save more? Or find a way to earn more money? Or both?

Sometimes revenue-raising possibilities are closer to home than you might think. Some homeowners are renting out a room or two in order to save or to help cover their mortgage.

My own trick for saving is to be extremely boring and limit entertainment outside the house to a few movies a year. (Hey, my $50-a-month Internet connection offers more entertainment than I'll ever get to the end of.) I bring leftovers to work for lunch, and I don't drink coffee. Those things add up over time.

What are your savings tricks? Inquiring cheapskates want to know.

If you're trying to save more and don't have a clear idea of where your money is going, here's one example of a budgeting worksheet.

And there are plenty of places for inspiration. The Get Rich Slowly blog has posts on avoiding "lifestyle creep," for instance, and having a baby on a budget. And, possibly of more interest to you if you're a regular, this piece by a schoolteacher who cut her spending 30 percent and saved enough to buy a house.

Oh, and if you're a single person making no more than $25,000 or in a family of two or more with $50,000 or less, remember that you're eligible for free tax preparation help from the Baltimore CASH Campaign.

Here's to more financial security.

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Real Estate Wonk: Decent income, little savings?