Isle Of Man Remote Gaming License

REMOTE GAMING LICENCES: 49REMOTE GAMBLING MARKET SHARE: 17%REGULATOR:  Gambling Supervision CommissionAPPLICABLE LAW: Online Gambling Regulation Act 2001TECHNOLOGY: Emerging technologies - cryptocurrency 

• 0% VAT for non-EU gaming
• 0% Corporate Tax
• Cryptocurrency Accepted
• Payment Solution Providers Approved

Whilst the Gambling Supervision Commission (GSC) was established in 1962 to protect the interests of gamblers, in 2001, the Isle of Man was one of the first jurisdictions to regulate online gambling. The status and constitution of the GSC are set out under the Gambling Supervision Act 2010. The main regulatory objectives of the GSC are: 

• To ensure that gambling is conducted in a fair and open way; 
• To protect minors and other vulnerable person from being harmed, influences or exploited by gambling; and 
• To prevent gambling from being a source of crime or used to support crime. 

The main legislative framework that governs online gambling in the Isle of Man is the Online Gambling Regulation Act (OGRA) of 2001. All forms of online gambling and gaming are potentially licensable under OGRA except for spread betting, as set out in the Online Gambling (Prescribed Descriptions) Regulations 2007. The Online Gaming Exclusions Regulations pf 2010 further enlists the list of activities which would not require a licence under the OGRA.

• Incorporation of Isle of Man Company
• Two Local Directors + one Designated Official
• Servers in Isle of Man
• Application and Annual Fees
• Standard Documents and Information