The Lieutenant Governor Sir Richard Gozney was given an insight into the fast-moving world of the Island’s eGaming industry last month when he toured Annexio’s Lord Street offices to find out more about the lottery betting services company’s operations on the Isle of Man.

Left to right: Sebastien Jeanneau, Paul Telford, Hazel Boswell, Hazel Ebbutt, Lieutenant Governor, Jayne Simpson and Tom Brodie

Guided on his visit by Annexio founder Tom Brodie, Sir Richard met staff from all areas of the business and learned more about how the company offers players a chance to bet on the outcome of some of the world’s largest lotteries, with the potential to win huge cash prizes equivalent to the lottery jackpots.

Using an insurance-backed business model, Annexio operates online under a number of brands to recruit players directly and also provides white-labelling services to other providers. Sir Richard learned that the US Powerball and Euromillions lotteries create the biggest surge in interest with peak betting time occurring on Friday evenings and the hours before each draw.