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Digital Isle of Man to attend ICE 2023 amid record-breaking growth in eGaming sector

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Digital Isle of Man has reported the highest number of eGaming businesses ever licensed in the Isle of Man.  Digital Isle of Man, an Executive Agency within the Isle of Man’s Department for Enterprise, is responsible for supporting the Island’s existing ecosystem of diverse eGaming and software businesses as well as attracting new eGaming business to the Island.

The Isle of Man has broken its eGaming records as it revealed that 75 licences have been granted by the Island’s Gambling Supervision Commission (GSC) – the greatest number of licences ever supervised at one time on the Island, and a 15% increase on the previous year.

This is a remarkable 79% rise over the past five years, eclipsing the global eGaming market’s growth.

The announcement comes as Digital Isle of Man attends the International Gaming Summit (ICE) conference at the ExCeL, London.

The event, which runs until Thursday (February 9), brings together industry leaders, innovative tech companies and experts to discuss the latest developments in the egaming and technology world.

This exponential growth of the eGaming sector on the Isle of Man showcases its status as a hub for the industry. Couple the Island’s favourable regulations, stable economy and digital infrastructure with low Corporation Tax, low Gambling Duty and no Capital Gains Tax, and you will understand why the Island is an attractive destination for eGaming businesses looking to expand.

Chief Executive of Digital Isle of Man Lyle Wraxall said:

‘I’m delighted to return to ICE this year off the back of what has been a very successful year for our eGaming sector. Once again, we will be joined by a fantastic delegation of Isle of Man businesses to promote the Island and all it has to offer the eGaming industry, and can be found at stand N6-120.

‘A strong and robust licensing regime used to be seen by many as a barrier to doing business, but is now considered the Isle of Man’s USP, and I’m proud of the role Digital Isle of Man has played to help secure this unprecedented growth for the Island’s eGaming ecosystem.

‘The Isle of Man is at the forefront of the global eGaming industry and has proved just how resilient and adaptable it can be, demonstrating sustained growth for several years.

‘The industry is a significant contributor to our economy, and this latest milestone is a testament to the strength of the Island as an international tech hub.’

In 2001, the Isle of Man was one of the first jurisdictions in the world to introduce legislation specifically designed to benefit gambling and e-gaming firms and fully protect customers, and has established an excellent reputation as a leading regulatory jurisdiction for eGaming, supported by its robust, mature and agile licensing regime, giving businesses prestige on the global stage.

The Island is proud to host many of the world’s leading gaming brands, including Flutter, Games Global, Ballys, Luckbox and Rivalry.

Gaming

Sortium Revolutionizing Video Game Development with Groundbreaking AI Tools Launch and $4 Million+ Funding Round

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In a significant leap forward for the gaming and entertainment sectors, Sortium, a leader in the wave of generative AI within gaming, has launched innovative AI tools for artists and game developers, marking a new era of creativity and efficiency. These tools, leveraging the Polkadot infrastructure, are set to transform the gaming industry by enhancing the creative process, streamlining production workflows, and producing high-quality user-generated content.

This transformative step is supported by a successful funding round Sortium just closed, surpassing $4 million. The round was led by industry stalwarts such as Signum Growth, with significant contributions from a diverse array of investors, including Cathie Wood’s ARK Investment Management LLC, IDG Blockchain, IVC Fund, Polygon, and 1881 S Group AG. This wide-ranging support underscores the industry’s confidence in Sortium’s potential to revolutionize 3D video game design and entertainment production.

Sortium’s AI tools integrate seamlessly into existing game production ecosystems, automating challenging content creation tasks. This innovation enables studios to significantly speed up production times and reduce costs, allowing them to focus more on innovation and design while empowering users across any system to design their own characters, thereby opening new creative freedoms and revenue streams for developers and individual creators alike. Sortium’s team, with deep expertise in game development, AI, and IP rights management, ensures the smooth adoption of this technology.

According to Angela Dalton, CEO & Founder of Signum Growth, “The Sortium team’s technical capabilities are impressive. Perhaps even more importantly, they possess deep expertise, relationships and understanding across the traditional gaming industry. Generative AI is in its broader market experimentation phase, leading many to ignore IP rights in the spirit of progress and innovation. Sortium’s believes that IP rights will ultimately matter – baking them into the technology at the outset, and respecting artists’ work, are core tenets of the company that we fully support.”

Building on this foundation of technical excellence and ethical commitment, Sortium’s innovations also translate into tangible benefits for the gaming community.

“Sortium is leading the frontier of AI in gaming and creative applications. Sortium gives creatives unparalleled freedom in leading gaming environments like Unreal,” said Lex Avellino, Founder & CCO at Passage, one of Sortium’s partners. “The team is breaking technical barriers, and it adds a huge value for our consumer audiences who want to take advantage of the latest virtual tech but need to act with speed and simplicity.”

Sortium is actively forming partnerships with major intellectual properties and leading gaming platforms. A recent major collaboration with Bit Brawl, a game utilizing Sortium technology to deliver live content to over 5,000 users, showcases the versatile application of Sortium’s tools across various gaming environments. Its technology’s wide compatibility with leading development platforms ensures extensive adoption potential and effortless integration into professional industry practices. Sortium’s enterprise solutions, such as the LiveOps API, aim to enhance gaming experiences and enable continuous creativity through endless, tailored content generation.

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Gaming

Phoenix Games Expands Partnership with Warhammer Owner Games Workshop

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Phoenix Games and Games Workshop are continuing their cooperation on Warhammer Combat Cards and expanding their collaboration to work on more of Warhammer’s Universes.

Phoenix Games, a globally operating games company specialised in acquiring and enhancing game studios, is expanding its collaboration with the Warhammer brand. The partnership between both companies is built on the success of the mobile game Warhammer Combat Cards, which was developed by Phoenix Games’ studio Well Played Games for iOS and Android, delighting millions of players worldwide.

Thanks to the partnership, Phoenix Games is expanding its access to the rich universes of Warhammer, including Age of Sigmar, The Horus Heresy and The Old World, providing a foundation for the development of innovative game concepts to include in Warhammer Combat Cards. The objective of the collaboration is to transform the iconic miniatures of characters and factions into unique gaming experiences within Warhammer Combat Cards that will excite not only fans of Warhammer but also new players.

“Continuing and even expanding our partnership with Games Workshop is a logical step, as it unlocks numerous opportunities to create versatile gaming experiences based on globally beloved universes. We are very excited about the opportunity to enhance the Warhammer Combat Cards game with additional IPs and provide fans of the game with new content in the long term,” says Klaas Kersting, CEO of Phoenix Games.

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Gaming

Honor of Kings shares details of groundbreaking new Open Series, registration to begin 15 April

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Today sees a major update for the world’s most played mobile MOBA with new features and content aimed at making Honor of Kings even more enjoyable for both current players and newcomers alike. This is coupled with the announcement of a major esports initiative – The Open Series – aimed specifically at identifying and nurturing the stars of the future.
Level Infinite, publisher of Honor of Kings, has revealed that registration for the new Honor of Kings Open Series Split 1 will begin on April 15, 2024. This groundbreaking series offers amateur players a platform to showcase their skills globally, competing individually and in teams, with the chance to qualify for the prestigious Honor of Kings Invitational Season 2 tournament. With no rank requirements, teams from Türkiye, CIS, MENA, and Wildcard will clash in open qualifiers starting May 1, 2024. The series, featuring two stages, will culminate in the Finals in May, offering special in-game rewards for participants.

James Yang, Senior Director of Level Infinite Global Esports, expressed excitement for the series, emphasizing its role in fostering undiscovered talent and enriching the Honor of Kings esports ecosystem with a path-to-pro opportunity. Interested teams can register from April 15-26, 2024 (UTC+0), and follow official social media channels for updates.

“The Honor of Kings Open Series is an exciting step forward in our mission to grow Honor of Kings esports on the international stage,” said James Yang, Senior Director of Level Infinite Global Esports, Tencent Games. “ Part of Honor of Kings’ commitment in esports is to ensure we provide a path-to-pro for exciting undiscovered talent to put their skill on full display for the world and show fans that anyone is capable of being the best with hard work and dedication. We can’t wait to see what teams emerge from the Open Series to challenge the world’s best at the Honor of Kings Invitational Season 2 tournament.”

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