Isle of Man Casinos

Only those who are seasoned players would understand more about the fact that isle of man is a wonderful place which is considered as a paradise for seasoned online casino gambling players. This is a government that is very active in supporting gambling because it ensures the receipt of a lot of revenue for the small island. However, it would be wrong to state that online casinos are unregulated or without any controls. The entire gambling activity, both online and offline in isle of man is controlled by an authority known as Gambling Supervision Commission. This is under the direct control of the Trade and Industry Department. It is responsible for putting in place the right kind of regulatory and control mechanisms as far as gambling is concerned. In fact this commission deserves a lot of praise for coming out with some world class online and offline gaming infrastructure that is comparable to the best in the world. The main objective of this commission is to ensure that gambling is crime free in the isle of man. Let us over the next few lines try and understand something more about the rules governing online and offline casino and other types of gambling.

The main act pertaining to online gambling was passed in the year 2001 and this act is known as Online Gambling Regulation Act 2001. However things did not work out smoothly and 2003 the entire gambling industry in isle of man came crashing down. The commission had to step in again and took lot of pains and efforts to rationalize the gaming license fee so that it could become more affordable and attractive for the casino owners. The whole process is a work-in-progress and since 2007 more than 10 amendments have been done to the entire rules and regulations.

Today there are clearly laid down guidelines as far as license fees are concerned. For applying for license in isle of man for online casino gambling, the initial fee is GPB 1,000 while the annual license fee is GPB 35,000.