PokerStars Retains IOM Gambling Licence
PokerStars’ gambling licence in the Isle of Man is not in question at present following the charges brought against the company’ executives in the United States on 15 April 2011. A meeting was held on Monday 18 April between PokerStars and the Isle of Man Gambling Supervision Commission (GSC) to discuss the issue.
As reported by the local Isle of Man newspaper The Manx Examiner Economic Development Minister Allan Bell MHK explained, “The meeting was very constructive. The main thrust was to protect the island’ good name and reassure the 250 jobs [at PokerStars] are as secure as we can make them.”
Minister Bell stated, “The current position is that PokerStars will retain its licence in the Isle of Man – there is no reason to reconsider that.”
On the matter of extradition of those charged by the US Department of Justice, Minister Bell said that any move to extradite individuals would go through the UK, with which the Isle of Man has an extradition agreement.
The Manx Examiner’ article also quoted Detective Chief Inspector John Mitchell, Head of the Isle of Man’ Financial Crime Unit.
DCI Mitchell said, “We are fully aware of this investigation but we have not had any requests for assistance the US or Interpol.”