Why the Isle of Man
The Isle of Man is recognised as one of the most dynamic and reputable jurisdictions in the e-gaming industry and is listed on the UK’s e-gaming ‘white list’. Doing e-gaming business in any jurisdiction also requires an excellent source of advisers and service providers so it is reassuring to potential gaming companies that the Island is a Tier 1 jurisdiction with many excellent legal, accountancy and fiduciary firms available. The Island’s ICT infrastructure can also be considered to be world-class with leading-edge fixed and mobile telecoms networks, numerous disaster recovery and hosting facilities and highly-resilient bandwidth connectivity.
The Isle of Man Government is committed to the on going development of the e-gaming sector and its “can-do” attitude has encouraged a growing network of e-gaming businesses and software development companies to operate from the Isle of Man. This has resulted in e-Gaming now being responsible for the employment of over 600 people in the Isle of Man.
The Department of Economic Development are responsible for the promotion and development of e-Gaming.
Why Isle of Man for e-Gaming?
Reputable and Respected
- UK 'White List' accreditation
- History of stability and security
- Tier 1 regulated island
- Ideal jurisdiction for AIM or FTSE stock market listing
Taxation
- Clear and simple tax regime
- No Capital Gains Tax
- Low personal taxation - 20% higher rate, 10% lower rate with personal allowances among the best in Europe
- Low betting and gaming duty
Grants
- Government funding of up to 40% available towards costs of relocation, marketing, hardware and software
- Annual Government funding of up to 50% can be available for training
- Grants can be applied for on an annual basis
Infrastructure
- World-class telecoms infrastructure including: two self-healing rings serving the Isle of Man; 1.2 terra bits capacity 0.02% utilisation; anti-DDOS attack technology
- Excellent air and sea links to the UK and Ireland
- Totally self-sufficient power infrastructure, supported by sub-sea gas and electricity supplies
High Quality Support Services
- Legal and accountancy firms with expertise in e-gaming
- Excellent support service providers in hosting, IT and digital media
- Highly IT-literate workforce
