In a significant move for its long-term growth strategy, B2C online gaming operator PlaySmart has officially been granted a gambling licence by the Isle of Man Gambling Supervision Commission (GSC).
This regulatory milestone marks a pivotal moment for the company as it seeks to scale its direct-to-consumer operations within one of the world’s most stable and respected iGaming jurisdictions.
Regulatory Integrity and Strategic Growth
PlaySmart, a subsidiary of the technology-driven PlayGaming Group, underwent a rigorous licensing process with the support of local iGaming consultancy firm SolutionsHub. The group noted that the Isle of Man’s robust framework provides the ideal foundation for a player-focused business model.
Nikola Trajkov, CEO at PlaySmart, highlighted the significance of the achievement:
“Securing an Isle of Man licence represents a major step forward for PlaySmart. As we expand into the B2C space, it was important for us to align with a jurisdiction known for its regulatory integrity and long-term stability. The Isle of Man provides the certainty and strength that support sustainable growth. This licence allows us to move forward confidently as we continue building a scalable, player-focused business.”
A Collaborative Ecosystem
The Isle of Man continues to be a preferred hub for tech-led operators due to its collaborative environment and high operational standards.
James O’Kelly, Head of Corporate Development at SolutionsHub, praised the operator’s readiness:
“It has been a pleasure to support PlaySmart through the Isle of Man licensing process. The team demonstrated a clear commitment to high standards and operational readiness, and we look forward to seeing them grow their B2C offering.”
Lyle Wraxall, Chief Executive at Digital Isle of Man, welcomed the firm to the island’s digital economy, noting that PlaySmart’s entry reflects the “confidence that technology-led operators place in the Island’s regulatory framework.” This licence ensures that PlaySmart can offer its suite of services with the highest levels of consumer protection and transparency.
