The Pre-Regulated Playing Field: Isle of Man-A look at Online Gambling Jurisdictions in 2024
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Good Morning. Looking to set up shop in the Isle of Man? AGB has the perfect breakdown for you, identifying exactly which licenses are available, what taxation rates and costs apply, where you can operate and whether a license in that particular jurisdiction is the best for you. Meanwhile, a foundation in Victoria has published a study on the links between alcohol consumption and the tendency to gamble, indicating that those who are heavy drinkers are more inclined to try their luck.
What you need to know
- A new AGB series examines the growing number of grey market licensing jurisdictions in 2024, starting with a look at the Isle of Man.
- Study reveals relationship between alcohol use and gambling among adults in the Australian state of Victoria.
On the radar
- SOFTSWISS report highlights surge in live and mobile betting in 1Q24.
- American Gaming Association President to kickstart upcoming G2E Asia.
- China Ecotourism gets lottery terminal contracts for Guizhou and Guangxi.
- Macau visitor arrivals total 2.6 million in April.
- Macau reports 89 percent STR increase y-o-y in 1Q24.
AGB Intelligence
LICENSING
In a special series, AGB takes an in-depth look at the grey market licensing jurisdictions, this time with a particular focus on the Isle of Man. Everything from licensing types, to costs and taxation rates, time needed and applicability of the licenses is laid out in explicit detail, aiming to clarify necessary procedures and attractiveness of the license types for those interested in setting up shop in the space.
control over the iGaming industry. Despite the AML vulnerabilities of the sector being presented by FATF back in 2008, not all member countries have implemented corresponding standards in local legislation yet. Sumsub a full-cycle verification platform provides insights into the main compliance trends in the iGaming space.
1xBet, a leading global betting company, introduced its affiliate program in 2016, quickly becoming renowned within the industry and earning recognition at the SBC Awards.
- Slotegrator expands in Europe and Asia by signing a deal with PoggiPlay.
- Games Global and Wishbone Games hatch a treat in Kingfisher.
