E-gaming has overtaken insurance to become the Isle of Man‚Äôs largest economic sector after enjoying 30% year-on-year growth.
A new report on national income shows e-gaming was worth ¬£530 million to the Isle of Man in 2012-13, and this rose to ¬£690 million in 2013-14.
It now accounts for 17% of the island‚Äôs economy, meaning it has outstripped the likes of banking and agriculture as well as insurance.
The burgeoning e-gaming sector has led the Isle of Man into a fourth decade of unbroken economic growth, with gross domestic product rising 4.5% to ¬£4.3 billion.
Chief Minister Allan Bell said that while the report is for the 2013-14 financial year, all the indicators showed the economy is continuing to grow.
He said: ‚ÄúThis was the biggest increase in annual GDP since 2008, the year of the credit crunch.‚ÄĚ