Online Casinos in the Isle of Man
The Isle of Man has legalized gambling during the 1960s and, in 1965, the first casino opened at the Palace Hotel in Douglas - and is the only one licensed to date. According to the Casino Act 1986, other organizations are also allowed to provide casino games with special permission. But online casino sites are legal and there are many licensed in the Crown dependency.
|Are online casinos legal in the Isle of Man?||Yes.|
|Are casino sites in the Isle of Man trustworthy?||Yes.|
|Can I deposit via ecoPayz/PaySafeCard/Skrill?||Yes.|
|Do online casino sites accept GBP?||Yes.|
Online Casino Laws in the Isle of Man
According to the Online Gambling Regulation Act 2001 (OGRA), operators have to apply for a license that is granted by the Isle of Man Gambling Supervision Commission (GSC). For this, however, they must comply with the specific requirements as stated in the act.
In addition to this obligation of fulfilling all the specifications, any operator willing to offer online gambling in the Isle of Man must establish a Manx company; have two directors who are not corporate entities, but individuals; and must appoint at least one resident Designated Office - or, if not possible, and Operations Manager.
There are three licenses available, the main OGRA license, the sub-license under OGRA and the Network services license. The latter is required in cases when players cannot be registered on the Isle of Man servers.
Overall, however, it is fairly easy to obtain permission to operate in the territory and foreign platforms are not blocked. In this way, the population has bigger access to casino games and to better online casino bonuses and online casino promotions.
Online Casino Payment Methods in the Isle of Man
There are several ways through which gamblers can deposit and withdraw their winnings when playing in online casino sites in the Isle of Man. Of course, they are all transparent and legitimate. Accordingly, the credit and debit cards of VISA and MasterCard are commonly accepted. But there are other alternatives that are as efficient and safe. These include Skrill, Neteller, PaySafeCard or ecoPayz.
Online Casino Sites Accepting GBP
Even though the Isle of Man has its own local currency, the Manx Pound, the British Sterling is very common on the territory as it is legal. In this way, and because there are so many online casino sites accepting GBP, the Manx people are able to gamble without paying any conversion fees.