Isle of Man Gaming License

How to get a gambling license in the Isle of Man?

Obtaining a gambling license on the Isle of Man. Isle of Man gaming license cost. Isle of Man gaming license requirements. The Isle of Man licensing laws.

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The Isle of Man is the territory of the United Kingdom and is located between Great Britain and Northern Ireland. Online casino license in the Isle of Man is a guarantee of quality. This fact is one of the reasons why operators are trying to obtain a license in this offshore jurisdiction. The Government of Isle of Man encourages the development of the gambling business. Even though obtaining a gambling license is not easy, this jurisdiction attracts by its legislation of the gambling industry and has many advantages.

Advantages of getting a gambling license in the Isle of Man

The Isle of Man gambling license has many significant advantages:

  • Stability.
  • Prestigious.
  • Low taxes.
  • The loyalty of the regulator to the potential licensee.
  • A single license for all types of gambling.

Types of Isle of Man gambling license

Gambling business owners, who want to legalize their casino on the Isle of Man, choose the license depending on the aims and needs of their business. Therefore, the regulator offers operators to get the following types of gambling licenses:

Full license

This is the main license that enables operators to:

  • Operate B2C.
  • Register players on their platform and store their data.
  • Offer other operators a White Label solution.
  • Enter into partnership agreements with the sub-licensees.
  • Use of proprietary technologies (platform and games).

Sub-license

A sub-license is a good option for inexperienced operators in the gambling business. Also, this type of license is suitable for operators who have their own potential client base but do not have gaming content to offer. The sub-licensee will work on behalf of the company that owns the main license. After a certain period of time, the sub-licensee can apply for the main license and become an independent company. Operators who have received a sub-license get the following benefits:

  • Opportunity to operating B2C.
  • Low cost of sub-license.
  • Collection and storage of player data.
  • Enter into partnership agreements with one of the main license holders.
  • Use the technologies of the main license holder (games and platform).

Network license

The network license includes the same rights and obligations as the main license. The only difference is that this license allows its holders to enter into agreements with other operators and offer their services to players who are located outside the Isle of Man, eliminating the need to re-register user data.

Holders of a network license are allowed to:

  • Operate B2C.
  • Register players on their platform and store their data.
  • Accept users from other jurisdictions without the need to re-register their data.
  • Use your own platform and games.
  • Offer other operators a White Label solution.
  • Enter into partnership agreements with the sub-licensees.

B2B Software services licensing

Obtaining a software supplier license is optional. However, the availability of such a license gives developers the opportunity to have a prestigious reputation of the Isle of Man.

This license is divided into two types:

  • for standard fiat platform providers
  • for blockchain-based software providers

Software license holders are allowed to:

  • Operate B2B.
  • Develop and supply software and platforms.

Isle of Man gaming license cost

Types of feesPrices
Application£5,000.
Full License£35,000 per year
Fee for each new partnership with a sub-licensee£5,000
Sub-License£5,000 per year.
Network License£50,000 per year
B2B software supplier license for standard fiat platform suppliers£35,000 per year
B2B software supplier license for blockchain-based software providers£50,000 per year

Isle of Man Gambling License Requirements

  • Location of company and real office in the Isle of Man.
  • The company must have two directors who are residents of the Isle of Man.
  • The servers of the gambling platform must be located on the territory of the Isle of Man.
  • Availability of a bank account that is opened with a local bank.
  • Availability of the authorized capital in the bank account.
  • The rules of jurisdiction must be published in different languages on the website.
  • Submission of an application with a detailed business plan.

Required documents for obtaining a gambling license in the Isle of Man

  • Certificate of no criminal record.
  • Notarized copies of passports.
  • Bank statements.
  • Copies of utility bills.
  • A detailed description of the games that you will offer on your platform.
  • Detailed business plan.
  • Availability of RNG certificates provided by a third party.
  • Software description and TST report.
  • Target market information.
  • A statement that owners blocked access to the gambling platform for minors.
  • The description of the problems associated with gambling on the site.

Taxation in the Isle of Man

Before obtaining a gambling license in the Isle of Man, each operator needs to know the amount of tax that he must top pay. The tax depends on the income of the gambling establishment. Thus, the tax can vary from 0.1% to 15%.

If you want to apply for an Isle of Man gambling license, contact our managers for more information!

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