WHY THE ISLE OF MAN
The Isle of Man has established itself as the premier jurisdiction for the regulation and administration of online gaming companies, providing unparalleled benefits to those who choose to license their businesses in the Island.
BENEFITS
Finance
The Island boasts a low betting duty, 0% Corporation Tax, 0% Capital Gains Tax, and 0% Inheritance Tax, making it an attractive destination for businesses and individuals alike. Plus, with incentives available for staff moving to the Island and generous grant assistance for businesses looking to relocate or base their operations, the Isle of Man provides an environment that supports and fosters growth.
Regulation
The Gambling Supervision Commission offers a simple and clear licensing regime, with all verticals fitting under one licence and an uncomplicated fee arrangement. Operators can choose from relevant licences, including Network Licence, Full Licence, and Sub-Licence, as well as White Label activities. A Software Supplier’s Licence is also available, covering a range of activities.
Speed
Licence applications take 10 - 16 weeks from submission to have the application reviewed by the regulator. All licence holders have access to a pre-approved games register, with B2C operators able to deploy games without requiring pre-approval.
Reputation
The Isle of Man is renowned for its player protection measures and innovative regulatory approach, with recent developments including legislation allowing cryptocurrencies and digital assets to be used in gambling and the licensing of the world’s first blockchain betting operator.