Microgaming

Description of business

Microgaming (www.microgaming.com) is the online gaming industry’s largest and most established software provider. Since launching its first online casino product over a decade ago, Microgaming has, unlike many of its competitors, concentrated its activities on software development alone rather than branching out into operating online casinos.

Thanks to an unrivalled R&D programme, averaging four new releases a month and an unmatched partnership approach to working with operators, Microgaming leads the online casino industry in providing innovative, reliable gaming solutions. As a result, its software can be found powering many of the world’s most profitable online casino sites. The Microgaming Progressive Jackpot Network is the world’s largest progressive and has paid out a record $200m plus in the last three years.

Microgaming software also powers the world’s leading poker network. With over 40 card rooms and one of the most aggressive tournament schedules on the web, the Microgaming Poker Network ensures players will always find an active table.

As a founding member of the independent standards body, eCOGRA, Microgaming is at the forefront of an initiative focused on setting the highest standards in the gaming industry, most notably in the areas of fair gaming, responsible operator conduct and player protection.

Why did Microgaming locate to the Isle of Man?

Infrastructure

The Isle of Man was one of the first places to create a regulatory infrastructure for the online gaming industry and has gone on to become one of the most respected jurisdictions in the world. In addition to the obvious financial benefits the island has developed a strong reputation as an IT hub and a centre for IT skills, which is obviously an added attraction. Furthermore, the Isle of Man offers a growing company like Microgaming the space to accommodate an expanding and highly educated workforce..

Location

Microgaming operates in a truly global industry, with its licensees spread throughout jurisdictions across the world. As such, it needed a base from which it could reach out and communicate with them. The Isle of Man not only provides a strong communications platform from a telecommunications point of view, but it also provides a strong central base between the US and Asia from a travel perspective.

Quality of life

The online gaming industry is fast moving and often frenetic so getting the work/life balance right is critical and as the island provides a perfect mix of relaxing environment and leisure facilities it is easy to unwind.

How did the Isle of Man Government help?

The island has had an e business strategy in place for five years now. It has identified e business, and in particular e gaming as offering a significant opportunity for economic growth within the Islands economy and is well placed to deliver on this. Access to the top levels of the Island’s Government is simple. Microgaming has always had a positive dialogue with the Isle of Man Government on e-business and economic development issues and this continues to be very productive. The number of other e businesses now relocating to the island is adding momentum to the whole sector.

For more information on Microgaming, please visit www.microgaming.com.