SBC News Sporaga DFS moves to Isle of Man as operator seeks BRIC expansion

Sporaga DFS moves to Isle of Man as operator seeks BRIC expansion

sporaga
Carlos Rodriguez

New daily fantasy sports operator Sporaga has announced that it has moved its operations to the Isle of Man, as the company seeks to enhance its international expansion within the coming months.

At present, Sporaga operates its fantasy sports product within the Brazilian market. Gaining an Isle of Man licence to ‘expand its operations’, Sporaga management revealed that the company would now push for new market launches in BRIC (Brazil, Russia, India and China) territories.

Sporaga Chief Executive  Carlos Rodriguez commented on joining the Isle of Man business community;

‘The Isle of Man is, in my opinion, the mecca of Gaming and some of my initial conversations with the Gambling Commissioners have been very positive.  They spoke with such passion and sincerity about the Island’s commitment to small businesses and their understanding of the e-gaming industry rules and regulations were very impressive.

‘In making the decision to base Sporaga on the Isle of Man, I took into account the transparency, tax regime and overall peaceful nature of the Island and its beauty. For me, this was exactly the type of place where I would base my businesses and raise a family.’

Mark Robson, Head of e-Gaming at the Department of Economic Development, commented:

‘For the last couple of years we have seen growth not only in our traditional areas of e-Gaming but also in new niche areas such as Daily Fantasy Sports. This demonstrates the enduring appeal of the Isle of Man as a home for innovation and is testament to the Island’s supportive ecosystem for new companies. It is a pleasure to welcome Sporaga to the Isle of Man and I hope their success will inspire similar diversification across our thriving e-gaming sector.’

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