Gaming in the Isle of Man

Gaming in the Isle of Man

The Isle of Man

Considered as one of the top four  online gaming jurisdictions, along with Malta, Alderney and Gibraltar, the Isle of Man is a jurisdiction that has, since the inception of the Online Gambling Regulation Act in 2001, grown exponentially and following further changes, the licensing and regulatory controls are now more responsive to the needs of the gaming industry.

As a reputable offshore jurisdiction that has been encouraging the development of online gaming, Isle of Man is the jurisdiction of choice for prospective operators seeking to take advantage of the brisk 10 – 12 week license application process, low licensing fee, low duty rate and sound technical infrastructure.

A gaming licence from Isle of Man is required for games that involve the use of telecommunications, entail players betting money or money’s worth and incorporate an element of randomness or chance. Pure free play games and skill games are not licensable.

Isle of Man Gaming Licenses

Gaming companies, which must be a Manx company with a minimum of 2 local directors, may opt for either one of the four licensing possibilities:  full licence, sub-licence, network services licence and a licence for the provision of disaster recovery services to off-Island gambling operations using Isle of Man telecommunications infrastructure. Key to the success of availing of the different options is an informed match between the scope of the licence and the intentions of the (prospective) operator.

Validity of license

  • Five years.

Yearly License Fee

  • Full license - £35,000

  • Sub license - £5,000

  • Network services license - £50,000 + £5,000 per foreign operator

  • Disaster recovery services license - £5,000

Taxation 

  • 1.5% tax on gross gaming yield up to £20,000,000

  • 0.5% tax for gross gaming yield of £20 million p/a, but not exceeding £40 million p/a 

  • 0.1% tax for gross gaming yield exceeding £40 million per annum

  • 0% corporation tax, provided the site does not accept bets from Isle of Man residents



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