Jersey Telecom welcomes decision on e-gaming regulations
Jersey Telecom (JT) has welcomed the States’ decision to add e-gaming regulations to the updated Gambling Law. The decision allows the development of a new industry for Jersey which will be of real benefit both to the Island’s economy, and to its telecommunication’s infrastructure.
“JT fully supports the States’ commitment to diversify the local economy and we are delighted with this decision to include e-Gaming in the new Gambling Law, which will deliver significant economic growth opportunities”, said Tim Ringsdore, MD of the CI Division at Jersey Telecom. “We have been involved in e-gaming in Guernsey, through our sister company Wave Telecom, since 2007, and it has proved a very positive addition to the economy, and enabled the Island to rapidly grow its telecommunications links with the rest of the world. We have been calling for a similar initiative to be undertaken in Jersey too”.
In anticipation of the States’ decision, Jersey Telecom has invested more than £15m developing data hosting centres in order to provide the best possible environment for an e-gaming industry. This includes the recent approval for another new data centre due for completion in the next 12 months. The company has also made a multi million pound investment in the telecommunications links between Jersey and the rest of the world which now provide virtually unlimited capacity to accommodate industries such as e-gaming.
Mr Ringsdore added: “We are very confident in the future of this new industry, and the positive benefits it will bring to Jersey. This decision by the States supports the considerable investment we have made in the Island’s telecommunications infrastructure. It now offers e-gaming firms a secure and resilient option for hosting their online services with access to as much capacity as they require to connect to the rest of the world”.