Isle of Man
The Isle of Man is one of the oldest and most respected licensing jurisdictions for online gaming in Europe.
The legislative framework for regulations was set by the Electronic Transactions Act of 2000 and the Online Gambling Regulation Act 2001, which legalized online gaming operation in the country. Applications for online gaming licenses were first accepted on the Isle of Man in June 2001. The island is whitelisted by the U.K. and the OECD respectively for iGaming and tax cooperation purposes, which allows Isle of Man licensees to advertise to the U.K. market.
There are three options for iGaming licenses:
Full OGRA license: This requires an initial application fee of GBP 5,000 and an annual fee of GBP 35,000 for a five-year duration period. A full license does not cover gambling activities of a parent or holding company or the operations of sister companies. A full OGRA license is required if any of the following types of online gambling are offered: sportsbooks, betting exchanges, casino games (roulette, blackjack, slots, etc.), live dealing, peer-to-peer games (poker, bingo, backgammon, etc.), mobile phone betting, fantasy football or similar, financial trading (but not spread betting), pari-mutuel and pool betting, network gaming, lotteries, certain spot-the-ball-style games, and network services.
Sub-licenses: These licenses require the submission of an application and are designed for operators who enter into a contract with a technology provider that holds a full OGRA license. The costs related to a sub-license are less than those for a full license, but require a nonrefundable GBP 5,000 application fee. Once approved, the license has a five-year term and is subject to a license fee of GBP 5,000 per annum.
Isle of Man network license: This license allows players registered to non-Isle of Man operations to play on an Isle of Man server without re-registering. It requires a GB P5,000 application fee, GBP 50,000 annual fee, and GBP 5,000 per network partner. This solution offers low-cost duty starting at 1.5% on Gross Gaming Yield (GGY) and no turnover. The duty is only paid on the retained element of GGY in the Isle of Man, not from licensed operators in other countries. The current corporate tax on gaming companies is 0%. The Isle of Man's arrangement with the EU ensures services provided to U.K./EU individuals are VAT exempt, and in most cases customers from outside the EU and B2B partners are 0% rated.
In February 2010, the Isle of Man announced changes to its gambling regulations, now making it legal for iGaming firms to host or carry out their non-gambling-related activities such as marketing, software, skill games and disaster recovery without an Online Gambling Regulation Act 2001 license. Disaster recovery permits immediate switchover for up to 90 days without a license.
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Isle of Man Jurisdiction News
PariPlay launches Atari Star Raiders online slot
The company's newest release, based on the 1979 Atari video arcade game, features five reels, 20 lines and jackpot.
Habanero strikes deal with Slotegrator
The company's partnership with the online slots aggregator will see its HTML5 titles integrated into Slotegrator's mobile platform.
PokerStars UK & Ireland Poker Tour wraps up as International Chess Tournament starts
The two prestigious events brought a wealth of gaming talent to the island to celebrate PokerStars' 10-year anniversary.
PokerStars sponsor top British snowboarder Zoe Gillings-Brier
The Isle of Man native holds several multinational titles already and will be competing in the 2018 Winter Olympics on Pyeongchang, South Korea.
PokerStars celebrates 10 years on Isle of Man
The U.K. & Ireland Poker Tour's Isle of Man festival will feature a 3-D projection and light show and a 13 poker tournaments.
Isle of Man becomes 'Isle of Men' in support of Lads Night In
The special one-night event is being hosted by PokerStars and men's health charity Prostate Cancer UK to raise funds and awareness to help beat prostate cancer.
Isle of Man government embraces 'poker tourism'
Isle of Man to welcome poker festival expected to attract hundreds of visitors.
Full service contact centre firm launches on Isle of Man
A new contact centre focussing on the unique needs of the betting and gaming sector has been launched in the Isle of Man.
Full Tilt moves to the Isle of Man
Full Tilt Poker has relocated to the Isle of Man.
Isle of man attempts to survey gambling addiction
Isle of Man instigates research project to assess extent of problem gaming in the territory.
KPMG to host iGaming conference
The second KPMG eGaming Summit on the Isle of Man will be held on Nov. 22 at the Mount Murray Hotel.
Isle of Man and NYX Interactive reach agreement
NYX Interactive has been given a gaming sub-license which will enable the gaming supplier to streamline operation set-ups.
NYX Interactive applies for Isle of Man license
We are thrilled that NYX Interactive wish to become a licensee in the Isle of Man and we see a great future for both NYX Interactive and the Isle of Man taking a lead in the area of gaming networks says Garth Kimber, Head of E-Gaming Development in the Isle of Man.
B4Playing to expand
B4Playing plans to expand its team at his headquarter based in Douglas, Isle of Man.
Mohawks Consider Share Offering
News Brief: The Mohawks of Kahnawake are considering participating in a London share offering that would raise money for an international network of computer centres to serve the online gambling industry and other e-businesses.
Isle of Man Releases New Regulations
In a move designed to further enhance the regulatory framework of remote gambling jurisdiction, Isle of Man, their Government has announced changes to the Online Gaming Regulation Act 2001.
Wagering Company Claims to be NYRA Scandal Whistleblower
nternational News Brief: Euro Off-Track, the wagering company that lost its simulcasting agreements with the NYRA after being named in a federal indictment of 17 individuals on charges of illegal gambling and race-fixing, claims to have acted as a whistleblower in the case.
Isle of Man Reverses US Policy
International News Brief: The Isle of Man, a British crown dependency in the Irish Sea, is reversing a four-year-old policy that has deterred Internet casinos based there from accepting bets from United States residents.
World Famous Tomb Raider Licensed By Microgaming
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Microgaming Midyear Games Released
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Microgaming Sites Receive Seals of Approval
Microgaming is receiving eCOGRA Seals of Approval for 23 online casinos powered by Microgaming software.