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The Isle of Man is one of the premier jurisdictions for regulated online gambling.
As White Labels are treated as non-licensable, there are no licence fees or gaming duty due. Also, as no player data is held, there are no AML or KYC responsibilities to take care of. These duties would generally be performed by the licensee offering the White label.
Under a White Label arrangement a business would market a website, from which the services provided are processed by a licence holder, and thus all regulatory responsibility would lie with this licence holder. A revenue sharing agreement would generally be in place between the operator and the business. At times and where pre-agreed, an exit strategy may be arranged whereby the White Label can take the player data they have generated with them when their relationship comes to an end with the licensed operator. White Labels can typically go live within 4 to 8 weeks and can be a good introduction to the sector.
Talk to us today
If you need to talk to someone around white labelling for gaming on the Isle of Man, then take the first step and email firstname.lastname@example.org or call us on 01624 639350 to arrange your free initial consultation with us today over the telephone or video.
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