St8.io has announced its successful acquisition of an Isle of Man OGRA Software Supplier Licence. The licence, granted by the Isle of Man Gambling Supervision Commission, enables St8.io to provide its products to other Isle of Man-licensed B2B and B2C partners.
Commenting on the achievement, Vladimir Negine, Founder and CEO of St8.io, stated: “This is another important step in our mission to serve regulated markets worldwide.
“We’ve been really impressed by the robust licensing process of the Isle of Man Gambling Supervision Commission, which allows us to deliver innovative technology in a manner that protects both our partners and the end user.
“As we expand our presence into more regulated markets, the proven reputation that comes with an IoM licence will serve us well.”
Lyle Wraxall, Chief Executive at Digital Isle of Man, added: “I would like to congratulate St8 for gaining their Isle of Man Software Supplier Licence and look forward to them joining the thriving business community.
“St8's decision to expand its operations here reinforces the Isle of Man's position as a leading hub for the digital and gaming industries.”
The licensing process was facilitated by Amber Gaming, and Amber Gaming’s Managing Director, Jade Zorab, also added her thoughts, commenting: “We are thrilled to congratulate our valued partner St8 on securing their licence with the support of our advisory services.”
This achievement follows St8.io's recent licensing successes, including the attainment of a recognition notice from the Malta Gaming Authority earlier this year.
