The region is very popular for legalising a casino enterprise. To get such a permit, it is necessary to fulfil several requirements that cannot be called simple.
The offshore country under the control of the UK has managed to defend its laws and views on running the business. However, this does not mean that operators are treated more loyally here. The local regulatory authority (GSC) has existed for more than half a century (since 1962) but the issuance of iGaming licences started only in 2001.
Learn more on the matter from Rosloto experts. We can also help you receive a local permit and start a lawful amusement project.
Let us consider some of the conditions for getting such a document:
The cooperation program created by the GSC Commission consists of 80 pages. The document describes how and subject to what restrictions the local iGaming business should be organised. However, it is not as difficult to study all the conditions as to observe them. Therefore, if you are seriously interested in obtaining a licence in this jurisdiction, it is better to consult with specialists who are well-versed in international law.
We recommend that operators turn to our studio. At Rosloto, there is a large team of experts who have been helping entrepreneurs implement new projects. Our professionals know a lot about the certification process.
The regulator constantly monitors the activities of licensees. Special attention is paid to 3 aspects:
The last item seems strange but there have been cases when businessmen launched fictitious gambling platforms just for the sake of getting access to the advertising market in England. Therefore, if you intend to launch this type of project on the Isle of Man, be prepared for constant inspections and other forms of control.
However, the jurisdiction not only has strict rules but also provides great opportunities for business scaling.
Let us review the main of them:
The licence of the Isle of Man costs about £5,000, and the price of an annual renewal is £35,000.
Operators also need to play the following commissions:
The total cost of using the certificate issued on the Isle of Man can reach £50,000–60,000 per year. But entrepreneurs will also receive good prospects for the development of their projects.
As for the sublicence, its cost is £5,000, and the annual renewal is another £5,000.
We recommend that operators first decide on their business goals and consider whether the jurisdiction is suitable for realising their ambitions. If so, it is worth filing an application and starting to implement a casino project. It will pay off in the first year of work.
Experts of the Rosloto studio will consult you on the matter and offer the most popular iGaming solutions in the market.
From us, you can also order the following useful services:
For all questions, please contact our managers.
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