The Isle of Man: Online Casino License

Yes, online gambling is legal with an approved license, according to the Online Gambling Regulation Act of 2001. The Isle of Man offers four types of online casino licenses, namely the full or main license, a sub-license, a network services license, and a software supplier license.

The Gambling Supervision Commission is the legal entity responsible for overseeing iGaming compliance and for issuing licenses to operators.

The GSC’s main objective is to protect players, prevent underage gambling, ensure the market remains crime-free, and to ensure fair play. Additionally, the GSC is also concerned with the island’s reputation and its economy.

The main legislation according to the Online Gambling Regulation Act of 2001 centres around public and player safety, where both gambling addiction and underage participation are curtailed. The laws also focus on fairness to players — are they receiving their real winnings? In addition, the laws ensure the Isle of Man’s iGaming industry remains crime-free.

Online games that are recognized under the Isle of Man’s license include sports betting, roulette, blackjack, pontoon, punto banco, bingo, gambling on horse races (film or video), casino brag, poker, games of dice, baccarat, chemin-de-fer, backgammon, keno, playing on automatic machines, wheel of fortune and super pan 9.

The Isle of Man’s gambling tax policy is highly favorable in comparison to other jurisdictions. It has a reasonably low gaming tax fee, from 0.1% to 1.5% on Gross Gaming Yield, and there is no capital gains tax.