The Isle of Man gambling license is highly esteemed within the industry, upholding high levels of integrity by prioritising crime-free gaming and player protection as part of its licensing regime.
An Isle of Man license guarantees smooth operation, fast internet access and access to a local English-speaking workforce. Furthermore, this license imposes stringent KYC/AML compliance measures and annual renewal.
Benefit from our extensive experience in obtaining licenses
To secure a full Isle of Man Gaming License, your company will need to register legally with the Isle of Man Companies Registry, open a corporate bank account, compile a package of mandatory legal documents (CVs and shareholder lists of directors/shareholders, proof of no criminal records or copies of passports for directors/shareholders, financial statements/RNG certification/business plans etc) as well as employ local staff with local addresses for operations and establish local office locations for staffing purposes.
Network Services Licenses allow casinos to expand their customer base and increase monetization opportunities by offering B2C services directly to users registered at other jurisdiction-licensed casinos, and by moving customer data between servers. This is an ideal solution for expanding user bases while expanding monetization possibilities.
Nuxgame is intended for providers of gaming software who wish to expand their product offerings on Isle of Man through cost-effective sub-licensing agreements, while permitting use of crypto currencies and skins for gambling purposes.
Nuxgame makes the process of acquiring a gaming license easier for newcomers to the industry, helping navigate regulatory standards while creating a solid basis for long-term success. They prioritize robust KYC/AML processes that ensure compliance without compromising security.
Choose from a wide range of licenses
Gambling companies can choose from various license options tailored to their business goals and activities, including direct player dealing (B2C license) as well as sub-licensing that connects customers directly to existing Isle of Man casinos without additional KYC checks or network services licenses for providing software or services to other licensed holders.
All license holders must adhere to stringent customer verification processes, hire compliance officers and abide by AML guidelines, ensure games are fair, and abide by advertising rules.
The Isle of Man has long been recognized for its stringent regulations that have helped establish it as one of the most trusted and transparent jurisdictions for online gambling – this gives license holders an edge that helps build player trust while expanding their businesses further afield. They can also take advantage of its stable economy and lower tax rates than those found in Britain.
Get a comprehensive Turnkey casino solution
An Isle of Man license is an ideal solution for those wishing to run an online casino, with the country committed to maintaining high levels of compliance, providing players with a safe environment, as well as being an attractive location due to its advantageous tax policy, making the Isle of Man attractive for eGaming companies looking for new home.
Establishing an Isle of Man Gaming License involves registering your company with the Isle of Man Companies Registry, appointing directors, opening local offices and submitting various mandatory legal documents. Your entity should be share-limited and meet certain qualifications to conduct gambling operations such as having a strong leadership team with integrity as well as adequate financial means necessary for operations; additionally it must possess game servers and RNGs located on Isle of Man.
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Isle of Man Gaming License types and boasts world-class infrastructure that includes power, telecoms and six undersea cable connections – making it one of the most resiliant and reliable global internet hubs with higher bandwidth speeds than any other European jurisdiction.
Licensing involves creating a limited liability company and obtaining RNG certification, as well as setting up a corporate bank account. The application and vetting processes typically take around three months; in addition, meeting GSC requirements is imperative to ensuring crime free gambling and player protection.
The GSC strives to ensure gambling operators comply with Isle of Man policies and abide by advertising rules and anti-money laundering guidelines, failing which could result in license revocation. Failure to do so has the potential for license cancellation – with this regulator taking decisive action against illegal activities to uphold its reputation as an innovative regulator.
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