Of Isle of Man Gamer Venue is highly regarded and a well established regulatory regime. To apply for the Isle of Man licence, one must pay a £5,000 administration fee once, £50,000 per year for a Network Services licence and one of two more fees: £35,000 per. 5%; for gross gaming yield exceeding £40,000,000 per annum, 0. Tax: 0. Certified proof of address for the last 3 months. High Costs. The VAT rate is 20%, but online gambling is exempt from VAT on income, which also means it is not recoverable on expenses. The Gambling Supervision Commission, located on the Isle of Man, is one of the oldest iGaming regulatory bodies. Furthermore, the Isle of Man has a stable economy and a relatively low cost of living, which can also be beneficial for operators. Corporate tax ratio for establishments possessing Isle of Man gambling license, equals zero. com. After the Department receives the inquiry form it will send the ‘ancillary suppliers’ licensing form to the prospective affiliate. The island's business-friendly environment and modern infrastructure make it an attractive location for companies looking to establish a presence in Europe. In 2021 the Isle of Man Government introduced a flexible and detailed regulatory framework to allow commercial operators to grow, manufacture, distribute and export cannabis products under licence from the Isle of Man. But it may cost you extra $$. Notarized copy of international passport. Cost of the gaming license. CuracaoContents Welcome Page 3 1. Isle of Man — This licensing regime is highly esteemed for its stringent requirements and professional ethics. Getting a gambling license in the Isle of Man is a process relatively quick compared to most jurisdictions. Cost of Fees to Get a License: From £5,000 to £50,000, depending on the type of license purchased. Potential licensees must pay an application fee of £5,000 (€5,700). 1% – 1. Land Based Casinos . The Isle of Man authorities have defined a gaming tax that must be paid by all gaming companies but it is between 0. The timeframe for registration of a company for a gambling license is about 1-1. THE CRUCIAL ROLE OF THE ISLE OF MAN B2C LICENSE 🇮🇲 In this article, we will explore why the Isle of Man enjoys such a prominent status and also provide insights into the current regulatory. Payment for the new partnership with a sub-licensee is £5,000 (€5,600). Apart from that, a duty must be paid for gross gaming yield. We do esports betting differently than most: 100% Legal. Ron Mendelson is the Director of Costa-Rica based International Business & Corporate Services consultancy firm, Fast Offshore. Fintech Laws and Regulations covering issues in Isle of Man of The Fintech Landscape, Funding for Fintech, Fintech Regulation, Accessing Talent. Contact us to find out more. Do note that these fast-track options will cost more than the standard £100, costing £250 and £500. The Isle of Man Gambling Supervision Commission was set up to allow companies who design and supply the gaming platforms, software and casino games to a range of online gambling sites to be located in a strict and respected online gambling jurisdiction, which by the way the Isle of Man has become, and many gambling sites are also licensed and. -In 2019 the Isle of Man Blockchain Office was created to support Blockchain Businesses. The Isle of Man promotes the highest standards of jurisdictional control in the gaming industry, with extremely high ethical standards for owners and investors, making its license one of the. E-Gaming Services. Companies . For example, the UK gaming license is only $9,000, but the tax rate on profits is a high 21% and it’s uncapped. It allows operators to offer their services in many countries around the world - technically the license gives you access to unregulated markets and markets where gambling is not restricted by law. 1% of yield, not total turnover. b) The Company must have at least two local directors who are not corporate entities. PERKINS, Okla. – Original bank reference letter. Application forms and Guidance Notes for the Gambling Supervision Commission. Isle of Man GSC online gambling license facts: Date started issuing licenses: 2001. The following companies are approved by the Isle of Man Gambling Supervision Commission for the testing of gaming software on behalf of any island based licensee: BMM Australia Pty Ltd. 1% – 1. But it ultimately depends on your budget and your overall aim, as sometimes it is worth the investment to go with a more. Isle of Man Gambling Licensing: Types of Documents; 4. With an extremely favorable zero tax regime and a universally accepted and regarding license structure, many notable online casinos, lotteries and sportsbooks now call the Isle of Man home. In the UK, the initial fee for a gaming license can range from £2,933 to £63,671, plus annual fees. 5% on Gross Gaming Yield (GGY) and no. In Conversation With…. Please note, the following increase in fees was approved by Tynwald on. Casino gaming was legalized on the Isle of Man in 1986, but the casino regulations were only established in. 5% of the gross profit from. Page 5 of 76 How to contact us: The GSC is available 9:00am > 5:00pm Monday to Friday It can be contacted via phone on +44 (0)1624 694331 It can be contacted via e-mail on gaming@gov. Isle of Man Gaming License. The first gambling regulation commission was created here in 1962, and in 2001, an organization for controlling online gambling appeared. 2. The process of getting a license in Kahnawake. IM1 1ED. An Isle of Man Gaming License, both for online gaming and offline gambling is issued by the Gambling Supervision Commission. this could trigger a licensing requirement under the. The regulatory framework in place allows for close monitoring of licensees to ensure their compliance with all the. Moreover, the entire process can be remote. 1% and 1. i YOU CAN! Forming, Licensing and Running an e-Gaming Company on the Isle of Man 3rd Edition 2014 Editors: Renée Frappier R Paul Davis, LL. 99+ RIDE 4 - Special Edition. The law provides for operators to officially obtain a gaming license in Bulgaria and legally operate gaming activities within Bulgarian territory. The area doesn’t distinguish between different types of online gambling; instead. In addition, those holding a license will also enjoy zero capital gains tax. License provider – UK Gambling Commission. Licensing requirement: Some types of activities are regulated under the Financial Services Act and businesses are licensed by the Financial Services Authority. Rivalry Limited. The current corporate tax rate for a gaming company incorporated in the Isle of Man is 0%. Our Isle of Man company formation agents can provide more. The cost of sub-license is £5 000. Contents Welcome. is regulated by the Isle of Man Gambling Supervision Commission under a Licence issued under the. The Isle of Mann agency have defined a gaming taxing ensure must be paid by all gambling companies though it is between 0. David Artus 4d Report this postThe Gambling Supervision Commission, located on the Isle of Man, is one of the oldest iGaming regulatory bodies. The huge advantage of this jurisdiction is the comprehensive support for online gambling operators from the government. Isle of Man Gambling License. Explore the expenses associated with obtaining a gaming license and the most favorable jurisdictionsUAE May Grant One Casino License to Each of its Seven Emirates, New Report Says. If you would like to know more about player protection in the Isle of Man, please contact the Gambling Supervision Commission on +44 1624 694331 or email gaming@gov. Finally, obtaining an Isle. 5% and 0. Maine. Our Isle of Man Gaming License is one of the most reputable ones in the gambling industry. The top rate of income tax is 20% and there’s no capital gains tax, stamp duty, inheritance tax or wealth tax. The gambling license cost will vary depending on the license type we have considered above. £1,185. is regulated by the Isle of Man Gambling Supervision Commission under a Licence issued under the Online Gambling Regulations Act 2001 on. a. Digital Isle of Man has welcomed the launch of a new licence for software suppliers looking to demonstrate their high standards for corporate governance and game fairness. While they each offer licensing options, the process and acquisition of a license can be. Our Isle of Man Gaming License is one of the most reputable ones in the gambling industry and we constantly work on acquiring further country-specific ones to enhance our betting offerings over time. Ultimate guide on the process of setting up a company in the Isle of Man including company registration, business account opening and license application. Afterward, you can run your licensed company for the initial period of five years. B2C licensees must register players in servers on the Isle of Man. Not imposed in the Isle of Man. Also, local governmental apparatus has set a gamble tax for all casinos, from 0. £35000 is the annual cost of the basic permit. The final cost of the license depends on the type of license, the types of games provided, and your project. Under normal circumstances, a complete application can be approved within 12 weeks. Only sportsbooks. 21, 2017 /PRNewswire/ -- The Iowa Tribe of Oklahoma has announced that a company owned by the Tribe and its internet gaming enterprise has secured a gaming license in the Isle of Man. Responsible for monitoring all Banking transactions (Payments & E-commerce) in adherence to Barclays Fraud/Risk, Sanctions & AML Policy & external Regulations. 2000 lari (735$) if you need the license next day. Corporate tax on gaming companies is set at 0% and there is a low gaming tax between 1. Isle of Man Gambling. License. Online gambling is exempt from VAT, which means that while no VAT is due on income, VAT is not recoverable on expenses and overheads, however vat efficient structuring for gaming companies is available. The gaming industry in the Isle of Man tripled in size between 2006 and 2011 and became of the largest industries, apart from insurance, of the Isle of Man. Board of Directors should consist of minimum one director, a legal person or entity. It is much pricier than the other available licenses. The Main Things About Casino Licensing on the Isle of ManBenefits of an Isle of Man license: Why should you choose an Isle of Man gaming license? Here are some compelling reasons: Excellent regulation:. VAT. Advantages and disadvantages. Due to its independent status, the Isle of Man offers a numberWhen their gambling license expired on July 24, 2019, they quickly applied for and received a renewal. Aircraft Registry. An online gambling license is valid for 5 years. +995706070360. And this has been a high growth sector for the island’s economy. Cons of Isle of Man Gambling License. FINTECH LICENSES. The application cost is £5,000. The address is: Ground Floor, St. Applying for a license . is regulated by the Isle of Man Gambling Supervision Commission under a Licence issued under the. 0. Do note that these fast-track options will cost more than the standard £100, costing £250 and. Compliance with these rules is mandatory and will be checked by the owner of the major permit that licenses you. The e-gaming sector will also continue to drive the development of, and investments in, our tech skills and infrastructure, so we are setting a base level for this. The latest data shows the e-Gaming accounts for an enormous 21% of GDP – representing around £1. Suppliers application form to sell or supply controlled machines - Gaming (Amendment) Act 1984. Travel Required? No Excellent Based on 87 reviews Isle of Man Overview Incorporation Process Isle of Man Gaming License Accounting & Tax NEED MORE HELP? Our experts will contact you within 24hrs. Curacao Gaming License. The licensing fees and associated costs are comparatively lower than those of other well-established gambling jurisdictions such as Malta, Gibraltar, or the Isle of Man. All debts are enforceable by law, and we. The Gambling Supervision CommissionProvided general commercial advice to a number of Isle of Man-based e-sports and online gaming companies including preparation of T&Cs, EULAs, and IP licensing arrangements. 40-1. 8 The licensing process for a token-based software supplier licence. The current company tax rate available adenine play company installed in the Islands by Male is 0%. is regulated by the Isle of Man Gambling Supervision Commission under a Licence issued under the Online Gambling Regulations Act 2001 on. Isle of Man Gambling Supervision Commission The Isle of Man Gambling Supervision Commission regulates island gambling operations, including land-based and online services. the Online Gambling (Software Supplier Licensing) Regulations 2019. The Isle of Man Gambling Supervision Commission license doesn't offer a low price. Under some circumstances, particular non-residential groups may qualify for tax exemptions. The main advantage of this licence is its low cost, which varies from $5,000 to $10,000 and must be paid every year. 2 Isle of Man Online Gambling Regulation Act 2001. The state fees when the application is reviewed by the regulator are 31960. Single license for different types of gambling. Let’s consider what these documents are and who needs to get them. Isle of Man GSC is one of the most reputable gambling regualtors of all time. Explore. U. At least one director should be a resident of the country, a locally registered agent. Full permission The right to engage in all types of gambling, as well as produce specific software and gambling content. Gaming Tax400 lari (147$) if you want to get a license in 10 days. Their cost is also super low in. Operators will pay between 0. – Access to lucrative pre-regulated markets, including Asia, Africa, and LATAM. To apply for the Isle of Man licence, one must pay a £5,000 administration fee once, £50,000 per year for a Network Services licence and one of two more fees: £35,000 per year for a Full licence or £5,000 per year for a Sub-licence. Taxes: From 0. Isle of Man gaming license cost. 2 (II)Our Isle of Man Gaming License is one of the most reputable ones in the gambling industry and we constantly work on acquiring further country-specific ones to enhance our betting offerings over time. A guide to Isle of Man Gambling Regulation: Ensuring Compliance and Integrity in the Online Gambling Industry. 10-12. Rivalry’s Isle of Man gambling license is one of the industry’s gold standards and a thorough look at our regulatory framework should let you. Requirements of getting a permit for gaming companies. is regulated by the Isle of Man Gambling Supervision Commission under a Licence issued under the Online Gambling Regulations Act 2001 on. Our Isle of Man Gaming License is one of the most reputable ones in the gambling industry. The application cost is $35,000 and includes the first annual license fee. weeks. Our Isle of Man Gaming License is one of the most reputable ones in the gambling industry and we constantly work on acquiring further country-specific ones to enhance our betting offerings. Depending on many factors you can get it for EUR 20,000 – EUR 32,000 flat fee. There is a 2% corporate tax rate and an appealing master license cost that does not exceed $150,000 but allows license holders to run all gambling verticals under a single license. Applying for a license . Permits from the Isle of Man cover all types of activities (both virtual gaming and sports betting) and they can be chosen depending on the company’s purpose and business model. Communications Commission. com; SoftGamings;. Revaz Tabukashvili Str. To obtain a Curaçao gaming license, operators must meet certain requirements. for gross gaming yield exceeding £20,000,000 but not exceeding £40,000,000 per annum, 0. First of all, you have to pay a £370 non-refundable fee to apply for the. 1% over £40m: Local company + 2 local directors: Panama: $40k then $20K. Each of the Isle of Man license is also equipped with a highly skilled networking system. These permits are intended for those who offer virtual and land-based gaming activities. There is a fee for making the application and then once you have passed the screening process and your application has been approved there is the cost of the license which must be renewed each year. The consultation will be open until the close of business on:First gambling license issued – 2005. Registering a controlled machine - Gaming (Amendment) Act 1984. Furthermore, it allows the licensees to enjoy a low gaming tax from 1. For example, the UK gaming license is only $9,000, but the tax rate on profits is a high 21% and it’s uncapped. The process of applying for a licence under OGRA, the GBLA and CA 1986 is set out at question 2. Independent Monitoring &. The Full licence could be considered the 'standard' licence; this one licence covers all gaming verticals and allows for B2C operations as well as the ability. The Isle of Man created new legalization especially for Online gaming. BMM Test Labs South Africa (Pty) Ltd. As there is no Costa Rica gaming license, there is no cost associated with this. World of Warcraft: Wrath of the Lich King - A. Due to its independent status, the Isle of Man offers a numberA Guide to e-Gaming on the Isle of Man. April 19, 2021. Islands of Guy Gambling License. On average, a successful applicant can expect to receive their license within 10 to 12 weeks. Why License in the Isle of Man? Page 2 Factors to consider when basing an e-Gaming business in the Isle of Man Page 5 The Regulator – The Isle of Man Gambling Supervision Commission Page 9 Licensing options Page 10 Disaster Recovery Page 12Multi-Jurisdictional Online Gambling Licensing - Online Gambling Licenses - Isle of Man, Malta, Curacao, Kahnawake, Ontario, Romania and MoreIntema announces receipt of Isle of Man online gaming license Final condition met for the acquisition of Livestream Gaming: transaction closing imminent. The best practice is to. The Isle of Man. is regulated by the Isle of Man Gambling Supervision Commission under a Licence issued under the Online Gambling Regulations Act 2001 on. Reading Time: < 1 minute Intema Solutions Inc. 2. Their gambling regulation is handled by the Curacao e-Gaming Licensing Authority, which offers a single gaming license to cover all forms of gambling. 18 May 2021. Current licence holders of the Gambling Supervision Commission. Malta, the United Kingdom, and the Isle of Man are three of the most highly thought-of licensing bodies to ensure online casino security. Determining whether a licence is. Number of license types: 4 (B2B and B2C) Average cost: £35,000+**. Isle of Man: £35K annual: 1. 5% of the gross gaming yield, rather than the total cash. 5% and 0. S. You can purchase this product from. Each country sets it’s own pricing structure. b) The Company must have at least two local directors who are not corporate entities. The cost of obtaining permits for online casinos on the Isle of Man is £ 1,000. national product of the Isle of Man are insurance and egaming with 17% of the GNP each and ICT and banking with 9% GNP. Gaming License. 0% corporate tax. George’s Court . Annual and monthly reports. The Gaming Control Board (GCB) opened the new licensing portal on September 1st earlier this year, leaving iGaming companies with two optionsThe standard corporate tax rate on the Isle of Man is 0%, but there are some exceptions. A fixed annual licenсe fee – €25,000; flexible taxation – 0. Professional reerence letter. is regulated by the Isle of Man Gambling Supervision Commission under a Licence issued under the Online Gambling Regulations Act 2001 on. Of course, an iGaming company does not need to be in such a mature phase of its development to have a successful IPO. In comparison to Curacao, Malta has higher tax rates and license fees. Supervision Commission. This offshore territory is one of the most prestigious for obtaining a license for the gambling business. It should be mentioned that the set of requirements will be slightly different in each case. Douglas. Once you’ve paid out for the initial costs, you need to factor in ongoing fees and maintenance. The yearly bill ends up being €17,900 + 6% sales tax. Also, the Isle of Man is the 5 th richest territory in the world based on its Gross Domestic Product per capita. Since then, in 2013, taxation and licensing policies have been finalized by Bulgarian lawmakers and regulators and in 2014 the Bulgarian Gambling Act made all forms of Internet gambling legal. Here you will find a complete directory of all gambling establishments that have been granted a license to operate on the Isle of Man. The $3. The Department of Gaming charges a $1,500 initial licensing fee and $500 renewal fee for affiliates. 5 000 GBP. Where an OGRA operator is currently offering their product for public consumption a website address will be provided. This offshore territory is one of the most prestigious for obtaining a license for the gambling business. for gross gaming yield from pool. There are common stages of getting a license: Appointment of a key person; Preparing the package of documents; Submitting an application; Paying fees; Considering an application (4 – 8 weeks); Running the business. Some countries have very expensive licenses, including Spain and Gibraltar, where the license fee is per game. No minimum registered capital required. First Floor, St. On July 24, 2019, they last renewed their gambling license. An adrenaline-filled gaming experience that is so authentic it will make you feel like you're truly racing at break-neck speed. The cost of applying for a remote gambling licence fee is £30,000 which is non-refundable. The Isle of Man Gambling Supervision Commission (GSC), has introduced a new license for software suppliers looking to demonstrate their high standards for corporate governance and game fairness. Cost of Isle of Man Gambling Licenses. Timing. Search for:. Jun 14, 2023. To enter this market, the service provider will need to obtain a B2B license. +357 2200 7440 +371 23 201 221; info@softgamings. Why License in the Isle of Man? Page 4 2. The licensing process takes 10-12 weeks. 1%; and. Otherwise, a company in Isle of Man can be wholly foreign-owned. Pros of a Georgian license:Malta Gaming License Cost. Isle of Man GSC is one of the most reputable gambling regualtors of all time. Why not follow BBC Isle of Man on Facebook and Twitter?. First license fee - $40 000. The cost of a duplicate licence is £23. The cost of starting such an operation is represented in the table below: Gaming License + NV Incorporation. 1 to 1. The cost of licensing to operate an online casino in the island state is only 1 thousand pounds sterling. The cost of a gaming license in Malta depends on the type of license and the activity of the company. Potential licensees must pay an application fee of £5,000 (€5,700). Filing a copy of a Court order for restoration of a company to the register: £180. Clear criminal record. 1% and 1. Explore. “The grant of the Isle of Man gambling license is. The liberal legislation and competitive tax policy of the Isle of Man make it a very attractive jurisdiction for online gambling businesses. Really looking forward to ICE 2023 in London. is regulated by the Isle of Man Gambling Supervision Commission under a Licence issued under the Online Gambling Regulations Act 2001 on. The Isle of Man gaming authority has a high standard in terms of the license they give out. Licensed organizations are also eligible to enjoy 0% income tax. 5% of revenue notwithstanding the effect of Britain laws, in which the tax rate on betting earnings ranges from 24-28% based on the type of gaming. operator Wynn Resorts is already developing what looks certain to become the UAE’s first integrated resort with gaming on the man-made Al Marjan Island in Ras Al Khaimah. Isle of Man eGaming will be exhibiting at ICE Totally Gaming in London ExCel Centre from 5-7 February at Stand N6-220, N7. Another cheap gambling license option comes from Anjouan, which costs $25,000. 1 billion of a total £5. Curacao authorities demand a gaming licence renewal on a yearly basis. Isle of Man GSC online gambling license facts: Date started issuing licenses: 2001. Despite being one of the pricier jurisdictions, it. We arrange the issuance of your license with the minimal set of papers. Only sportsbooks. easy application process, and. Our Isle of Man Gaming License is one of the most reputable ones in the gambling industry and we constantly work on acquiring further country-specific ones to enhance our betting offerings over time. The standard rate of corporate income tax in the Isle of Man is 0%. 1% and 1. Number of license types: 4 (B2B and B2C) Average cost: £35,000+**. For such reason, applicants for an Isle of Man e-gaming license have not undergone any significant additional scrutiny for crypto-related casinos. Loyal Taxation; 6. There are, however, other taxes to pay, such as the gaming tax, but the rate is low. Rivalry’s Isle of Man gambling license is one of the industry’s gold standards and a thorough look at our regulatory framework should let you. Thanks to good practices, experience gained, qualified theoretical knowledge, the experts employed by the Private Financial Services will. To get the license, you will have to pay an annual license fee of £35,000. . Notarized copy of international passport. The operators licensed in the Isle of Man have to pay an annual license fee of £35,000, and a 1. Trio of live studios receive IoM Gambling Supervisory Commission (GSC) certification following successful GLI audit Three of live casino software provider Vivo Gaming’s studios have been successfully audited by Gaming Laboratories International (GLI®) enabling it to distribute its certified products to Isle of Man Gambling Supervisory. The licensing jurisdiction is well-respected, strict, and reactive, as well as adhering to a high quality of professional ethics. Isle of Man provides blockchain clearance for. Source of funds. In addition, gambling businesses are required to pay an extra fee of 15% of their income. 5% next £20m. 5% of the gross profit from games, and not on the total turnover of company. comOur Isle of Man Gaming License is one of the most reputable ones in the gambling industry. Clear criminal record. 1. 3 billion. Cryptocurrency Gambling. The license is granted for a five-year period. With an extremely favorable zero tax regime and a universally accepted and regarding license structure, many notable online casinos, lotteries and sportsbooks now call the Isle of Man home. With over 24 years of real-world experience in iGaming Licensing and Payments, Regulatory Compliance, Tax-Efficient Corporate Structuring, Incubator and other Hedge Fund Licenses, Blockchain and Cryptocurrency related services, he advises a number of international. Land-based gambling operations, online gambling activities - Fully committed to player protection, especially youth - Low tax rates - Software is inspected by trustworthy companies. The Isle a Man agency have definite a play tax is shall be paying by all gaming companies but it is between 0. We can help you obtain your online gaming license, WhatsApp us: +972504938469, email us: info@gbo-il. Despite being one of the pricier jurisdictions, it offers. 1% over £40m: Local company + 2 local directors: Panama: $40k then $20K. Anjouan Money Laundering Prevention Act 008 of 2005. 95 per year The same as the Premium tier, but with a license for 3 PCs. Isle of Man Gaming License Tetra Consultants is able to assist our international clients in the application process for this license. Also, The Isle of Man attracts operators due to its reputation, low taxes, and opportunity to get an all-in-one license for all gaming. 4. How long does it last? Gaming/Gambling Licenses in the Isle of Man. is regulated by the Isle of Man Gambling Supervision Commission under a Licence issued under the Online Gambling Regulations Act 2001 on. Isle of Man. In addition, those holding a license will also enjoy zero capital gains tax. b) The company must have at least two. Ease of obtaining a license. 3 below. There are three types of the Isle of Man gambling licenses issued for five years. The Regulator . , Sept. im The Isle of Man rules regarding license qualification are different from many jurisdictions, as each license (sub-license) allows for different gaming services. In terms of infrastructure, the Isle of Man has it all. David Artus’ Post. Gambling and e-gaming; Health and safety at work; Homestay for pets - general conditions; Information Commissioner; Intellectual Property; Isle of Man Ombudsman contacts; Isle of Man Sawmill; Land and property to let; OFT Licensing and Registration ‘Our Island, Our Future’ - Isle of Man Economic Strategy; Mines and Minerals; Retail; Revenue. Entrepreneurs who wish to obtain a gambling license in the Isle of Man for online gambling need to be mindful of the applicable fees for this document. Our Isle of Man Gaming License is one of the most reputable ones in the gambling industry. 3 Oaks used betting group Amber Gaming to help facilitate their way through. Approved Software Register. Skip to footer. We enjoyed working with Vivo Gaming’s team who were found to be helpful and professional. The cost of an Isle of Man gambling licence varies between £5,250 and £52,500 depending on the. comWhy choosing the Isle of Man for your gaming license jurisdiction is a smart move? The choice of the Isle of Man as the jurisdiction for the gaming license…The Kahnawake gaming license offers operators a flexible, cost-efficient, and straight forward setup process with a whole host of benefits. Not imposed in the Isle of Man. Isle of Man Gambling Supervision Commission Licence Cost. OGRA Licence Type. The headquarters of Ace King IOM is in Douglas, the capital and largest town of the Isle. Operators enjoy a 0% gaming tax, which allows more profits to be reinvested into the business.