E-Gaming

The Isle of Man has become the jurisdiction of choice for the establishment and administration of e-Gaming companies. Some of the most significant operators in the industry are now based in the Island and the number of e-Gaming license holders is steadily increasing. 

Some of benefits the Isle of Man can offer e-gaming businesses:

  • The Isle of Man has international recognition as a well regulated jurisdiction
  • 100% protection of player funds
  • Zero rate of corporate taxation and no capital gains tax
  • Low betting and gaming duty
  • The Island enjoys a world-class and highly resilient telecommunications infrastructure with a network of new data hosting centres supported by 5 discrete high bandwidth fibre optic cables connecting the Island with the North of England and Ireland, with anti-DDOS attack technology
  • Fully self-sufficient power infrastructure which is supported by diverse sub-sea interconnector gas and electricity supplies
  • It has high quality support services (legal, accountancy and corporate services) with expertise in e-Gaming
  • Excellent support service providers in hosting, IT and digital media
  • The Isle of Man Government is committed to the on-going development of the e-Gaming sector
  • Government grants available for up to 40% towards costs of relocation, marketing, hardware and software
  • Its reputation as an ideal jurisdiction for AIM, ISDX Market or FTSE stock market listings

Westwinds as a licensed fiduciary service provider is well placed to offer e-gaming company assistance in the following areas:-

 Company formations;

  • Corporate structuring 
  • VAT
  • Accounting
  • Ongoing statutory and corporate compliance
  • Provision of resident professionally qualified Directors
  • Provision of resident Operations Manager and MLRO
  • Business plan assistance including AML requirements
  • Management of the licensing application and process
  • Ongoing regulation and VAT compliance, post licensing
  • Assistance with HR matters ensuring compliance with all ongoing Isle of Man e-Gaming regulatory, statutory and accounting requirements, post licensing
  • Ongoing regulatory compliance

Further information on the Isle of Man e-gaming regime can be found here.

Please contact us for more information.