Daily fantasy sports entrant Sporaga has been granted a licence to develop operations on the Isle of Man.
Sporaga is focused on the international football market offering DFS contests based on 13 leagues from different countries.
Mark Robson, head of online gaming at the island’s Department of Economic Development, said: “For the last couple of years we have seen growth not only in our traditional areas of i-gaming but also in new niche areas such as DFS.
“This demonstrates the enduring appeal of the Isle of Man as a home for innovation and is testament to the island’s supportive ecosystem for new companies. It is a pleasure to welcome Sporaga - I hope their success will inspire similar diversification across our thriving i-gaming sector.”
Carlos Rodriguez, chief executive of Sporaga, added: “The Isle of Man is, in my opinion, the epicentre of gaming and some of my initial conversations with the gambling commissioners have been very positive.
“In making the decision to base Sporaga on the Isle of Man, I took into account the transparency, tax regime and overall peaceful nature of the island and its beauty. For me, this was exactly the type of place where I would base my businesses and raise a family.”
