The Isle of Man Government's department for economic development has announed that Gioia International has been granted a gaming licence, allowing it to operate on the island.
As part of receiving its licence, Gioia International and its management were required to satisfy the jurisdiction’s licensing requirements and comply with the stringent online gaming standards and player protection rules.
With the assistance of local corporate service provider ILS Fiduciaries, the licence was granted within seven weeks of the application being filed.
With the green light granted, this week marks the official launch of Gioia International’s online poker site realdealpoker.com.
Garth Kimber, head of egaming development on the Isle of Man, commented: "At the heart of the government’s department for economic development is a commitment to championing new ideas and ground-breaking concepts and ensuring that the island’s business environment is as hospitable as possible to meet the needs of entrepreneurial companies such as Gioia International."
Lee Hills, ILS’ egaming co-ordinator, said: "The Gioia International team have defied the perception and proven that there can be scalability in dealing a real deck of cards to online tables. With margins getting tighter, innovation is going to be the key to success for new operators in the coming years."
