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St8.io Obtains Isle of Man OGRA Licence to Boost Partnerships
St8.io Expands Global Footprint with Isle of Man OGRA Software Supplier Licence
St8.io has reached a significant milestone in its expansion strategy, securing the prestigious Isle of Man OGRA Software Supplier Licence. This achievement enables St8.io to supply its cutting-edge products to other Isle of Man-licensed B2B and B2C partners, further strengthening its presence in regulated markets globally. The licence, granted by the Isle of Man Gambling Supervision Commission, underscores St8.io’s commitment to upholding the highest standards in the gaming industry.
A New Chapter in St8.io’s Global Growth
The Isle of Man OGRA Licence is a key addition to St8.io’s portfolio of regulatory credentials, allowing the company to offer its technology solutions to a wider array of partners operating under the Isle of Man’s robust regulatory framework. This licence serves as a gateway for St8.io to establish deeper relationships with gaming operators seeking reliable, compliant, and innovative software solutions.
Vladimir Negine, Founder and CEO of St8.io, expressed his enthusiasm about this achievement: “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.”
Negine highlighted the strategic importance of this licence, noting that the Isle of Man’s proven reputation for rigorous regulatory standards will be invaluable as St8.io continues to penetrate new regulated markets. The Isle of Man is globally recognized for its stringent oversight, which not only enhances consumer protection but also strengthens trust among industry stakeholders.
The Isle of Man: A Leading Hub for Digital and Gaming Innovation
The Isle of Man is known for its forward-thinking approach to regulating the gaming industry, attracting top-tier operators and suppliers from around the world. Lyle Wraxall, Chief Executive at Digital Isle of Man, welcomed St8.io into the island’s vibrant business community: “I would like to congratulate St8.io 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 Isle of Man’s stringent regulatory environment ensures that licensed operators and suppliers adhere to the highest standards of integrity, security, and compliance. This reputation aligns perfectly with St8.io’s commitment to delivering innovative technology that safeguards both partners and players.
Strategic Partnerships and Future Growth
The licensing process was expertly facilitated by Amber Gaming, a well-known advisory firm specializing in the gaming industry. Amber Gaming’s Managing Director, Jade Zorab, praised the partnership with St8.io: “We are thrilled to congratulate our valued partner St8.io on securing their licence with the support of our advisory services. This licence not only validates St8.io’s capabilities but also opens up new avenues for collaboration in regulated markets.”
This latest achievement follows St8.io’s earlier success in obtaining a recognition notice from the Malta Gaming Authority, reinforcing its strategy to build a strong foothold across Europe and other regulated jurisdictions. As St8.io continues to grow, it remains committed to leveraging its regulatory credentials to offer partners reliable and innovative solutions.
St8.io’s acquisition of the Isle of Man OGRA Software Supplier Licence marks a pivotal moment in the company’s journey to expand its influence in regulated markets. By aligning with one of the most respected gaming jurisdictions in the world, St8.io is poised to deliver exceptional value to its partners and end-users alike. As the company continues to navigate the complexities of global gaming regulation, this licence solidifies its position as a trusted provider in the industry. With a clear vision for growth and a commitment to compliance, St8.io is set to make a significant impact in the ever-evolving world of online gaming.