Isle of Man Gambling Supervision Commission License

The Isle of Man is conveniently located between England and Ireland in the Irish Sea. It is famous for its rugged coastline and beautiful medieval castles.

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The world’s oldest continuous parliament, Tynwald, is another thing which makes this island a little different than its closest neighbours.

An additional thing which makes the Isle of Man stand out from other small islands in Europe is its booming insurance and online gambling industries. In fact, these two industries generate 17% of the island’s GNP. Online gambling in particular is an industry which is on the constant rise on the island and that is because it has quite lax and yet fair laws when it comes to online gambling.

Isle of Man Gambling License

The chief regulating body which makes sure that the Isle of Man will remain as an online gambling haven is the Gambling Supervision Commission. It sets out requirements and regulations dealing with lotteries. Also for betting, bookmaking, amusements with prizes and totalizers. Most importantly though, it also makes other regulations. Such as the Gaming, Betting and Lotteries Act and the Online Gambling Act of 2001 which regulate online gambling.

Gambling Supervision Commission

The Gambling Supervision Commission is a gambling regulatory body which is completely independent. It was established in 1962. It has seen a particular increase in the number of licenses it gives after the boom of online gambling.

The Beautiful Isle of Man
The Beautiful Isle of Man
The commission has five people presiding over it. It has a chairman and four other members. Its chief fields of operations are licensing and regulation of land-based casinos, amusement or slot machines, betting and lotteries.

More importantly however, the Gambling Supervision Commission is also tasked with regulating online gambling activities such as online casinos, poker rooms, slot sites and so on.

Licensing Criteria

The Commission provides online gambling licenses only to companies which have proven that uphold the highest operating standards. In fact, the Online Gambling Act of 2001 stipulates that no license will be given to operators which are not controlled by persons of integrity and competence.

Furthermore, if an operator doesn’t have the financial means available to conduct online gambling, then the GSC will not even discuss whether a license should be given.

License Application Requirements

The Isle of Man Gambling Supervision Commission requires all online gambling which want to operate online gambling services to apply for an OGRA license. There are several different types of fees which online gambling operators should meet if they want to obtain an OGRA license.
These include the following:

  • £5,000 administration fee with the initial application (Network Services, Full or Sub-licence);
  • £50,000 per annum thereafter, for a Network Services licence;
  • £35,000 per annum thereafter, for a Full licence;
  • £5,000 per annum thereafter, for a Sub-licence.

Types of OGRA Licenses

The Isle of Man Gambling Commission Supervision issues licenses for various types of gambling and betting activities. These licenses are issued to license and regulate activities such as online casino gambling, sportsbooks, peer-to-peer gaming, live dealer table games, betting exchanges, mobile device betting, pool betting, lotteries, financial trading, fantasy sports, networked games and so on.

Duration and Renewal of Licenses

All OGRA licenses, unless they are cancelled or surrendered, are in force for a period not exceeding 5 years. Before the license has expired the holder of the license should apply to the Commissioners. This for the renewal of the license.

This applies to all OGRA licenses. Regardless whether they are issued for online casinos, live dealers, fantasy sports or some of the other activities under the Isle of Man Gambling Supervision Commission’s jurisdiction.

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