Isle of Man and Estonia gaming regulators sign cooperation agreement10th June 2013 7:38 am GMT
The Isle of Man Gambling Supervision Commission has signed a bilateral agreement with the Estonian Tax and Customs Board to allow for cooperation and the sharing of information between the two gaming jurisdictions.
The Isle of Man said that based on the principles of protection of consumers and preservation of public order, the agreement’s objective is to improve regulatory standards both in the online and land-based sectors.
The two jurisdictions will achieve this through exchange of knowledge, provision of assistance and establishment of a good working relationship.
In a statement, both regulators said that they look forward to building on the provisions within the agreement to explore and improve the consumer protection opportunities that cooperation offers, to streamline processes and to create efficiencies for business.
Isle of Man Gambling Supervision Commission CEO Steve Brennan said: “The agreement builds on the Isle of Man’s commitment to international cooperation and provides a strong endorsement of the excellent reputation and international standing that the Island has earned through more than a decade of sound regulation of gambling activity.”