Online wagering software developer Playtech has applied for a remote gaming license in the gambling jurisdiction of Jersey.
The application by Playtech, an industry giant, is being viewed as a boost to Jersey's eGaming strategy and economy. The application is a result of months of talks between Playtech, Jersey Enterprise and the Jersey Gambling Commission.
Speaking about the license application, Playtech CEO Mor Weizer said "We are delighted to be seeking an operating licence in Jersey . We met last year with the Jersey authorities in Israel who convinced us of the merits of the new licencing regime and their commitment to the sector. With many of our existing licencees having operations in the Channel Islands it makes good sense for us to seek a licence in Jersey to support our customers from a regulated jurisdiction with a first class infrastructure."
Alan Maclean, Jersey Economic Development Minister also commented, saying “I see this licence application from a market leader like Playtech as a stamp of approval for Jersey ’s new eGaming industry. It demonstrates how we can leverage Jersey ’s long-standing reputation for excellent regulation; infrastructure and world class professional services by developing exciting new opportunities for our economy from the lucrative global eGaming market.”