Дата: 1/08/20

How to get an Isle of Man gambling license?

Types of gambling licenses issued by Gambling Supervision Commission (Commission) of the Isle of Man (IoM)

1) The main Online Gambling Regulation Act (OGRA) license:

• Cost £ 35,000 per year;

• Issued for 5 years;

• The owner has the right to provide any games, including those that are not on the list determined by the IoM Commission;

• If approved by the Commission, the holder of the main license may offer his own gambling solutions to sub-licensees.

2) Sub-licenses under OGRA:

• Can only be obtained by the person who plans to operate in conjunction with the partner, the holder of the main license, and using its technologies. Players are registered under sublicensee, but have access exclusively to the partner’s games. A sublicensee can have only one partner, while a company holding a main license can have any number of sub-licensees: 

• Targets smaller companies that are just starting to build their own gambling business and companies that have assets for monetization (e.g. player database) but don’t have gambling infrastructure.

3) Network Service License

• “Extended” version of the main license, allows operators to provide services to players who are registered with an operator that does not have a license issued by IoM Commission, without re-registering the data of these players;

• Cost £ 50,000 per year;

• Issued for 5 years.

4) Software License

• A new type of license created in accordance with amended provisions of the IoM legislation, which entered into force on February 22, 2019;

• The main purpose of this license is to increase confidence in licensed developers of gambling software by creating an open registry, as well as simplifying licensing for operators who plan to obtain a main license and use gambling software that has already been licensed;

• Cost £ 35,000 per year;

• Issued for 5 years;

• Please note that this license is not obligatory for developers of gambling software who want to provide it to operators licensed by IoM Commission, but it significantly increases the status and credibility of your company.

Minimum Requirements

In order to obtain a gambling license, an OM operator must meet the following criteria:

  • Establish a Manx company;
  • Have at least 2 local directors, who must be individuals and not corporate entities;
  • Appoint at least one resident Designated Official (DO), or where that Designated Official cannot reside in the Isle of Man, an Operations Manager (OM);
  • Register players on Isle of Man servers or they must operate under a network services license which obliges them to establish the network services in the IoM;
  • Gambling and trading accounts should be located in a bank within the ioM unless otherwise agreed. 

Please note that the list of requirements is much longer, all other points related to AML, software, information on beneficiaries are similar to the requirements of other jurisdictions.

The government fee for applying for any kind of license is £ 5,000.

Why is it worth choosing a gambling license from the Isle of Man?

In 2001, IoM became one of the first jurisdictions in the world that began to regulate online gambling business at the legislative level.

The corporate tax on companies that provide online gambling services is 0%, the personal income tax is progressive, the maximum limit of such a tax is 20%, and the maximum tax base is £ 120,000, the GGR tax ranges from 0.1% to 1.5% depending on the size of the GGR and the type of gambling services.

IoM is a leader in the telecommunications industry and is often used as a testing ground for all new products in the field of online gambling.

The main advantage of a gambling license is that the IoM is on the UK “white list”, which allows companies with an IoM license to advertise their own product on the UK market, as well as on the “white list” of the Organization for Economic Cooperation and Development (37 countries).

Sovereign credit rating AA1 from Moody’s and AA + from Standard & Poors, the government and business in IoM work together to achieve the best results, which ultimately leads to the constant development of the gambling industry and increasing trust in operators registered in IoM.

Our specialists have many years of experience in obtaining gambling licenses and supporting gambling projects. If you have any questions, please contact us via chat to get advice from professionals.

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