Max Power Posted September 26, 2019 Share Posted September 26, 2019 Bulgaria seems to be the destination. Link to comment Share on other sites More sharing options...
Max Power Posted September 26, 2019 Share Posted September 26, 2019 1 minute ago, JessTickle said: How many people on the IOM are employed by Poker Stars? I heard today that it was 80 redundancies on the IOM but man down pub source. 60 in the first wave apparently, from a good source, from a staff of around 450. Link to comment Share on other sites More sharing options...
JessTickle Posted September 26, 2019 Share Posted September 26, 2019 7 minutes ago, Max Power said: 60 in the first wave apparently, from a good source, from a staff of around 450. are more expected? Link to comment Share on other sites More sharing options...
Max Power Posted September 26, 2019 Share Posted September 26, 2019 5 minutes ago, JessTickle said: are more expected? So they say, but they were overstaffed after purchasing Skybet I'm told? Link to comment Share on other sites More sharing options...
Gizo Posted September 26, 2019 Share Posted September 26, 2019 28 minutes ago, Max Power said: 60 in the first wave apparently, from a good source, from a staff of around 450. 450? You sure of that. All squeezed into Skandia towers? Unless they are situ elsewhere. Link to comment Share on other sites More sharing options...
The Dog's Dangly Bits Posted September 26, 2019 Share Posted September 26, 2019 28 minutes ago, Gizo said: 450? You sure of that. All squeezed into Skandia towers? Unless they are situ elsewhere. They have about 450. They also use other office space. Evergreen House on Circular Road. I think at one time some space down the quay. Not sure if that is still the case on the quay. Link to comment Share on other sites More sharing options...
trmpton Posted September 26, 2019 Share Posted September 26, 2019 28 minutes ago, Cheesy Wheezy said: Nonsense What’s nonsense? Link to comment Share on other sites More sharing options...
Max Power Posted September 26, 2019 Share Posted September 26, 2019 2 hours ago, Gizo said: 450? You sure of that. All squeezed into Skandia towers? Unless they are situ elsewhere. I think they are Gizo, they were wanting to consolidate their HQ to house everyone under one roof I believe. Link to comment Share on other sites More sharing options...
trmpton Posted October 2, 2019 Share Posted October 2, 2019 https://www.racingpost.com/news/latest/flutter-to-buy-stars-group-and-create-global-betting-giant/402300 Link to comment Share on other sites More sharing options...
thesultanofsheight Posted October 2, 2019 Share Posted October 2, 2019 On 9/26/2019 at 5:45 PM, Max Power said: I think they are Gizo, they were wanting to consolidate their HQ to house everyone under one roof I believe. Sort of makes sense now with this mornings announcement. Slimming down as part of the process of being acquired. But the IOM operations become a very small part of a massive listed company now. Link to comment Share on other sites More sharing options...
2112 Posted October 2, 2019 Share Posted October 2, 2019 1 hour ago, trmpton said: https://www.racingpost.com/news/latest/flutter-to-buy-stars-group-and-create-global-betting-giant/402300 Not really helpful or hopeful for this island I’m afraid. Can only see more job redundancies on the island, and business relocating to other EU countries. Link to comment Share on other sites More sharing options...
craggy_steve Posted October 2, 2019 Share Posted October 2, 2019 41 minutes ago, 2112 said: Not really helpful or hopeful for this island I’m afraid. Can only see more job redundancies on the island, and business relocating to other EU countries. +1 Paddypower used to have a footprint here, but moved to Malta in 2016. Reasonable to expect TSG sports betting activity based in IoM to be consolidated elsewhere. Link to comment Share on other sites More sharing options...
woolley Posted October 3, 2019 Share Posted October 3, 2019 It's strange that the original announcement of a limited number of job losses provoked seven pages of comment here, but the latest news about the acquisition by Flutter, which is likely to have more far reaching implications, has garnered less than a handful of mentions. This really could be a game changer. Link to comment Share on other sites More sharing options...
craggy_steve Posted October 3, 2019 Share Posted October 3, 2019 3 hours ago, woolley said: It's strange that the original announcement of a limited number of job losses provoked seven pages of comment here, but the latest news about the acquisition by Flutter, which is likely to have more far reaching implications, has garnered less than a handful of mentions. This really could be a game changer. It may be big news, but it's just one foreign company reducing its IoM footprint for internal reasons. Doesn't of itself really carry much implication for the rest of the e-gaming sector - which faces many threats. I don't think we can really regard this merger, important though it is, as being a canary for the death knell of the rest of the sector; it's more to do with the positive US market ambitions of both companies. Perhaps more significant is the feedback from the recent gambling industry conference http://www.iomtoday.co.im/article.cfm?id=51130 - seeing Garth Kimber admitting to "confusion" is concerning, but as I have said many, many times, business models which depend upon regulatory advantage are inherently vulnerable - which is why the IoM should concentrate on building its footprint in those sectors where it can compete internationally on a level playing field. Gambling and Tax Mitigation sectors are both bad bets for the long term. Link to comment Share on other sites More sharing options...
Donald Trumps Posted October 3, 2019 Share Posted October 3, 2019 Could you suggest any tech sectors worth pursuing Steve? Link to comment Share on other sites More sharing options...
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