Highly experienced team with a great understanding of your needs
The Isle of Man is one of the premier jurisdictions for regulated online gambling.
If your business model involves selling services to other e-Gaming businesses, you can elect to apply for the Software Supplier Licence.
Software Supplier Licence
This licence is elective rather than mandatory, however many software businesses choose to become licensed in order to demonstrate adherence to top-tier Isle of Man standards, thus giving reassurance to B2B partners such as operators, banks, payment processors, investors, shareholders and others. Further to this, a software supplier holding a licence can have their products listed as approved on the GSC’s website, and any Isle of Man B2C operator can then deploy these games on their site without needing to acquire RNG testing certificates, as the GSC will have already received these from the software supplier. As well as software developers, the licence can also be applicable to other service providers in the gaming industry such as affiliates and live dealer studios.
Token-Based Software Supplier Licence
For blockchain enabled platforms, applicants must meet further conditions not applied to fiat platform applications which are as follows:
- Applicants must prove their understanding of their technology.
- Tokens must be available and not in development.
- A news blackout will be enforced throughout the application process in order to prevent attempts to inflate the value of tokens.
The Island’s business friendly regulatory framework provides a pragmatic operators licensing regime that seeks to protect the consumer and aid business growth. We work with you through the quick and simple licence application process with the aim to provide you with a decision within 8 and 12 weeks from submission of the application – this speedy process ensures your business will be fully operational in a timely manner.
There are three options currently available with regards to an Operator Licence: