eGaming

Our B2B 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.

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:

1. Tier 1 Gold Standard Licence – The Isle of Man licence carries significant credibility.
2. Access to lucrative pre-regulated markets – This includes Asia, Africa, and LATAM.
3. Attractive financial incentives – This includes 0% corporation tax, 0% capital gains tax, and no dividends taxes.
4. Local bricks-and-mortar banking is supported.
5. No barriers when choosing Payment Service Providers.
6. No jurisdictional limitations for providing the content.
7. Simplified licencing with an all-encompassing umbrella.
8. Approximately 12-week turnaround from submission to hearing.

The Isle of Man offers various gambling licences, including:

• Full Licence: This covers all online gambling activities, such as sports betting, casino games, poker, lotteries, and other games of chance. Issued under the Online Gambling Regulation Act 2001.
• Network Services Licence: Allows operators to provide online gambling services to other operators. Issued under the Online Gambling Regulation Act 2001.
• Sub-Licence: Permits a licensee to sub-licence their online gambling operations to other companies.
• Software Supply Licence: Enables operators to list their products on the Isle of Man software supplier register.
• Token-Based Software Supply Licence: Allows operators to offer token-based gambling services, including virtual currency and cryptocurrency.

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.

Key steps in the Isle of Man gambling licencing process:

1. Getting Started: Engage with Quadrant Gaming for licence application preparation for submission to the GSC.
2. Formal application stage: We will prepare the application with you and submit it to the GSC, including detailed information on the applicant’s business, finances, and management structure, as well as proposed gaming products and services.
3. Due diligence: We will work with the GSC to conduct extensive background checks on applicants, including financial stability, criminal records, and industry reputation.
4. Technical and compliance audit: Applicants must undergo an audit of their technical and compliance systems to ensure they meet GSC standards.
5. Decision: The GSC will decide on granting a licence after completing due diligence and the audit process, which may take several months and may require additional information or clarification.
6. Post-licencing stage: Licensees must comply with ongoing reporting requirements and maintain compliance with GSC regulations, which may include regular inspections.

For more information, contact us by email at info@quadrantgaming.im