Our highly experienced team can advise on the best route for the protection of player funds
A registered player’s account with an Isle of Man licensed operator is protected at all times by a licence condition.
Through the Isle of Man Gambling Supervision Commission (GSC), the Isle of Man makes sure that all licensed operators have a system in place which fully protects all player funds. This means that any deposits or winnings players have with an island regulated gaming firm are secure and their return to you and other players can be enforced by law.
There are a number of ways that Player Funds can be protected, three of which are outlined below:
Bank Guarantee Trusts Segregated Client Accounts
Consumer protection is extremely important to the Commission; players who gamble with operators, licensed by the Isle of Man, benefit from a number of protections and one of these is the way players’ money is protected. In order for an operator to obtain a licence in the Isle of Man, they must agree to protect players’ money and these monies must be protected by a mechanism approved by the Gambling Supervision Commission.
This means that if an operator goes into liquidation, the player’s funds can be repatriated to the player with ease.
Player Protection | What we do
We provide licence holders with both the specialist legal and professional commercial advice to help them make an informed decision on which route to take with regards to Player Protection.