Restricted Casinos in Isle of Man

• Absence of division into class subtypes means that applicants need to submit a single package of documentation for all gambling activities;
• You can obtain the sub-license of the Isle of Man: the on-line casino will operate on behalf of a large brand, and will subsequently be able to operate separately;
• A variety of types of gambling – stock and sports betting, casino, sweepstakes, fantasy games, lotteries, financial trade (certain types), Internet services and so on;

Stability of the legislation – it is British, and in addition to belonging to the European community and the opportunity to advertise itself in the United Kingdom, the jurisdiction provides an opportunity to use liberal and well-structured norms.

Features of licensing on the island

The work of firms associated with online gambling is taxed at rates ranging from 0.1 to 1.5% (depending on revenue – as smaller its size is, so larger the contributions). For sweepstakes there are separate payments – 15% of the pool. The cost of obtaining permits for the activities of on-line casinos on the Isle of Man is £ 1,000. Every year it is necessary to pay another 35 thousand for the extension of the full or 5 thousand – sub-license.

To obtain a permit, you must:

• register a company on the island;
• open a bank account here;
• appoint two directors and the representative – an authorized resident of Man.

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