With over a decade of experience in the Financial Services and Gaming Industry, Mark is a respected figure both in the Isle of Man and overseas for his contributions to the eGaming industry. His expertise has led him to work with some of the largest gaming companies worldwide. He has held seats on the boards of multiple software providers and operators, also serving as the local operations manager for clients. Additionally, Mark is a director approved by the UK Gambling Commission and has also received approval to act as a director for entities licensed in Ontario and Romania. Frequently, Mark collaborates with the Isle of Man Government, assisting government agencies in supporting companies to obtain licences in the Isle of Man.
eGaming
A new dimension to the Quadrant Group offering.
Overview
Our eGaming services add another exciting dimension to the Quadrant Group offering. These allow us to provide a full spectrum of licensing solutions to our clients within a fast turnaround time.
Benefits of an Isle of Man Licence
Isle of Man: A Premier Jurisdiction for Online Gambling Licences
The Isle of Man is a tier-one jurisdiction and a renowned hub for online gambling, with numerous major gaming companies selecting it as their operational base. The Isle of Man Gambling Supervision Commission (GSC) is the regulatory authority overseeing all gambling activities on the Island and has earned a reputation as one of the world’s most reliable and trustworthy gambling regulators.
Benefits of an Isle of Man Licence:
- Tier One Licence – The Isle of Man licence is considered as a tier one licence which carries significant credibility.
- Access to lucrative pre-regulated markets – This includes Asia, Africa, and LATAM.
- Attractive financial incentives – This includes 0% corporation tax, 0% capital gains tax, and no dividends taxes.
- Local bricks-and-mortar banking is supported.
- No barriers when choosing Payment Service Providers and Software Providers.
- No jurisdictional limitations for providing the content.
- Simplified licence with all gambling verticals included under one licence.
- Approximately 12-week turnaround from licence application submission to licence hearing.
Gambling Licences
The Isle of Man offers various gambling licences, including:
- Full Licence: Considered as the ‘standard’ licence that covers all online gambling verticals, including sports betting, casino, poker, lotteries, and other games of chance. Issued under the Online Gambling Regulation Act 2001.
- Network Services Licence: A Network Services Licence operates the same as a Full Licence but the Network Services Licence allows Network Partner’s registered players to play their games without being required to reregister them. Issued under the Online Gambling Regulation Act 2001.
- Sub-Licence: Permits a licensee to sub-licence their online gambling operations to other companies.
- Software Supplier Licence: Enables Software Suppliers to list their content on the GSC’s Approved Software Register.
- Token-Based Software Supplier Licence: Allows Token-Based Software Suppliers to list their token-based gambling software on the GSC’s Approved Software Register.
The Isle of Man’s online gambling licencing process is rigorous, and applicants must prove they are fit and qualified to hold a licence. The GSC requires comprehensive information about applicants’ business plans, financial stability, and management structure, as well as thorough background checks.
Isle of Man Gambling Licencing Process
Key steps in the Isle of Man gambling licencing process:
- Getting Started: Engage with Quadrant Gaming for licence application preparation for submission to the GSC.
- Licence Application Preparation/Submission: Quadrant Gaming will prepare the licence application and submit this to the GSC, this includes preparation of the licence application forms, business plan, policies and procedures, financials and due diligence.
- Licence Approval: Following a 12 week review of the licence application, the GSC will invite the applicant and Quadrant Gaming to attend a formal licence hearing where a decision is made to approve or reject the licence application.
- Post Licence Approval: With the support of Quadrant Gaming, Licensees must adhere to the GSC’s ongoing reporting requirements and maintain compliance with Isle of Man legislation.
For more information, contact us by email at info@quadrantgaming.im
Who we are
40 years of trusted luxury asset management.
It’s often said that the journey is more important than the destination but here at Quadrant Group, we’re firmly invested in both.
As proud service providers to the Superyacht industry since the incorporation of the Group in 1984, we know what it takes to make every voyage a safe and enjoyable one. Since we first set sail 40 years ago, organic year-on-year growth has seen us evolve. Today, we’re proud of our large team of dedicated specialists who have expanded beyond the marine realm into additional areas of luxury asset management.
Company culture has always been the compass that guides our success, maximizes opportunity, and propels us and our clients to new heights.
Our directors steer Quadrant Group with the belief that a happy and motivated team are more inclined to go the extra mile for the client, whilst striving to achieve personal and company goals. Because it’s within the extra mile that you find the magic.
We encourage our team to further themselves through training and gaining new qualifications. This means regular short training courses and professional education studies that relate to their roles within the company.
From our offices in Isle of Man, Malta, Jersey and the Cayman Islands we help clients all over the world make the decisions that are right for their unique journeys.
Our Team
“If you want to go fast, go alone. If you want to go far, go together.” – African Proverb
Simon has worked within the shipping and yacht management industry for over 25 years, which has included the full set-up of two large crew management companies in Jersey, in 2008 and 2012 respectively. Simon is a qualified QMS Lead Auditor/Assessor, ISM Auditor and holds Diploma’s in both Crew Management and Superyacht Management. Simon joined the Group in 2010 as Head of Crew Solutions to manage its crew employment and payroll services, which has since developed into an industry market leader. Today, as a part-owner and Managing Director, Simon oversees and drives our Group operations in the Isle of Man, Cayman Islands, Jersey, and Malta.
“Quadrant have been providing Corporate and Crew Management services for our 52m motor yacht since 2013. Simon and his team are professionals to the highest level with a no drama, problem solving and supportive approach.
Simon and his team are always available in case of emergency, but also as a sounding board if I want to check the legality of day-to-day events with the boat or the crew – if he doesn’t know the answer, he will draw on the wealth of knowledge in his team from tax laws to crew contractual issues.
There is a non-judgmental, highly experienced response to any situation and I consistently feel supported in my role as Captain. I would strongly recommend Quadrant to anyone seeking such services for their yacht.”
Captain, M/Y SANAM
Tim is a Chartered Accountant with 15 years of experience in offshore financial services. Born on the Isle of Man, Tim holds a Bachelor’s degree in Sociology & Media from the University of Leeds. Post university, he spent time working as a soccer coach throughout the United States, before gaining a position in recruitment in the Oil and Gas industry based in Houston, Texas. Returning to the Isle of Man in 2009, he embarked on his finance career joining an accountancy practice, where he gained a wealth of experience in audit and assurance engagements for several listed and non-listed client companies across a variety of international jurisdictions.
Tim joined us in 2017 as Head of Client Accounting, became our Group Financial Controller in 2019, and joined the Board of Directors in 2021. Today, as a part-owner and Finance Director, Tim has overall responsibility for our finance and treasury functions and holds Directorships for a number of our client entities. Tim has memberships with the Institute of Chartered Accountants in England & Wales (ICAEW) and the International Compliance Association (ICA) and is approved to hold regulated positions in the Isle of Man and Malta.
With over a decade of expertise in compliance and regulatory affairs, Lee has served as the Money Laundering Reporting Officer, Data Protection Officer and Compliance Manager for International Trust and Corporate Service Providers specialising in the Yachting, Aviation and Private wealth sectors, as well as Regulated Funds. Lee is a member of the International Compliance Association having attained the ICA International Advanced Certificate in Anti-Money Laundering, the ICA International Diploma in Anti Money Laundering, and the ICA Specialist Certificate in Money Laundering Risk in Betting and Gaming. Additionally, Lee completed the ICSA Level 5 Subsidiary Diploma in International Finance & Administration and holds a BA (Hons) Degree In Business Studies.
With over twenty years’ experience in the Corporate Services Industry, Tammy has successfully managed a diverse portfolio of superyacht and business aviation structures for high net worth individuals, along with cultivating trusting working relationships with business leaders worldwide. Tammy is also the Deputy Money Laundering Reporting Officer for Quadrant Group, and alongside obtaining diplomas in Superyacht Management, she recently gained the ICA Specialist Certificate in Money Laundering Risk in Betting and Gaming.
I have worked with the Group for 7 years and never had a complaint about their professionalism and competence. The staff have a great attitude and are always on hand to help.
eGaming News
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