No matter whether it’s an online casino or sportsbook, an Isle of Man license gives global credibility to your operations and shows your commitment to fairness, security and tapping into new markets.
Also included are reduced taxes and faster registration, along with easier cooperation among sub-license holders.
Legality of Isle of Man Gaming License
Isle of Man iGaming operators often opt for this island jurisdiction due to its high standards and reputation for safe gambling environments. Players also appreciate having peace of mind that their funds will remain safe with us.
The GSC regulates Isle of Man license holders to ensure they adhere to stringent gambling rules and advertising/money laundering policies. Noncompliance can result in license revocation.
The Isle of Man Gaming License process is quick and straightforward. Your share-limited company must possess adequate financial backing, complete a simplified personal declaration form and host servers and RNGs on Isle of Man servers or RNGs; additionally you can apply for a network license allowing players to register from multiple jurisdictions. This option may prove especially appealing for global iGaming projects.
Security
Acquiring an Isle of Man Gaming License requires an intricate process that includes developing a business plan, designing software, submitting personal statements and criminal records and having secure servers/RNGs that comply with advertising rules/AML policies – among many others. With professional support however, this process can be simplified significantly.
The Isle of Man has long been recognized for its stringent regulation, giving operators confidence in their operations. Being included on both OECD white lists and World Trade Organisation membership helps accelerate licensing procedures while further adding credence.
Isle of Man offers a stable environment and advantageous tax rates that make it a top choice for iGaming businesses, unlike Curacao which has raised its standards while Malta tightened their grip over time. The Isle of Man provides stability without chaos with its forward-thinking regulatory framework that quickly adapts to emerging risks or trends while meeting international standards; additionally, AML/CFT compliance procedures support responsible gambling while its tax rate ranges from zero corporate taxes up to 1.5% of gross profits compared to Curacao/Malta respectively.
Payment options
An Isle of Man Gaming License gives gaming operators’s global credibility. It demonstrates a dedication to player safety and fairness as well as transparency and readiness for expansion into new markets, making this license an excellent option for online gambling entrepreneurs who wish to expand their business with confidence.
Isle of Man gaming businesses enjoy several financial incentives that benefit them, including no corporation tax and capital gains taxes; no withholding tax; and no withholding taxes on dividends or interest payable to non-Manx residents. This helps gaming businesses invest in growth while remaining competitive against rival firms.
NuxGame is dedicated to offering players a safe and secure online gambling environment. The company has integrated several popular payment methods as well as affiliate solutions that support customers’ revenue models. Furthermore, their crypto casino product supports major cryptocurrencies and features Web3 app integration along with comprehensive back office access and regular free content updates.
Customer support
Isle of Man stands out among jurisdictions for iGaming as one of its premier jurisdictions, boasting an established tier-one license that gives it considerable credibility and financial benefits. Furthermore, its tax regime includes no corporate and capital gains taxes as well as local brick-and-mortar banking services.
In addition, Isle of Man operators must adhere to its gambling regulations, safeguard players’ funds, comply with advertising guidelines and anti-money laundering policies and adhere to advertising restrictions – failure to do so could result in the revocation of their gaming license.
NuxGame offers casinos a comprehensive set of tools for customer support, including live chat, email and CRM systems. In partnership with industry-leading suppliers like LuckyStreak, LiveChat, Brevo, Sendgrid Fast Track Solitics the platform supports over 130 of the industry’s leading game providers as well as an affiliate system offering CPA and revenue share deals as well as advanced tracking tools and a finance module for revenue prediction purposes.
