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'.