Isle of Man |
This article is part of the series: |
|
Other countries ยท Atlas |
The Isle of Man Gambling Supervision Commission (Manx: Barrantee Oaseirys Karrooghys Vannin) (formerly the Gambling Control Commission) is the Gaming Control Board of the Isle of Man. It regulates most forms of gambling in its territory including land based (casino, amusement and slot machines, betting offices and lotteries) and online gambling services.
The Commission was established in 1962 to protect the interests of gamblers in the Island by ensuring that gambling remains fair and crime-free and that players receive their winnings. It gained worldwide notice with the advent of online gambling in the early 21st Century due to the Isle's reputation as a tax-friendly jurisdiction. It was one of the first jurisdictions to offer legislation to regulate the activity of e-gaming companies and create a secure atmosphere for the gamblers. One of the main documents underpinning the activity of the Commission is the Online Gambling Regulation Act 2001 (OGRA).[1]
Contents |
The Commission deals with:
The Commission can't enforce any operator to return the stakes that have been voluntary placed and lost in a fair game, but it can provide advice and assistance in enforcing the deposited money and the actual winnings.
As the Isle of Man is a British Crown Dependency, they have their own government and legislation, therefore gambling legislation and licensing requirements do not have to be the same as in the UK. Nevertheless, this jurisdiction has very strict rules and therefore remains one of the countries named in the whitelist of the UK Gambling Commission and allowed to advertise their services on the territory of the United Kingdom.[2] This means that the Isle of Man gambling jurisdiction meets the UK government's regulatory requirements regarding the openness, fairness and security of the licensed online gambling operators.[3]
As of 2010 the Commission licences several well-known online gambling companies. The list of current license holders of the Gambling Supervision Commission is provided on their website.