Banking and Payment Processing for Isle of Man iGaming

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Isle of Man Casino Bank Account

Find banking partners for your Isle of Man iGaming business

The Isle of Man is one of the leading iGaming jurisdictions in the world, and first regulated iGaming back in 2001. As of 2023,it is home to around 85 iGaming businesses, which generate £561million for the local economy each year. If you’re looking to launch a remote gaming business, it should definitely make your list.

Challenges for Isle of Man online gaming firms

Although the Isle of Man is a leading provider of iGaming licenses, it can still be challenging to open a gambling payment account on the erritory. Many banks view iGaming businesses as ‘high risk’, so opening bank accounts can take time.  

Who regulates online gaming on the Isle of Man?

The Gambling Supervision Commission is responsible for licensing and regulating iGaming on the Isle of Man. The standard Isle of Man license costs £35,000 and lasts for five years. A great benefit is that the standard license allows you to offer all kinds of iGaming (both betting and various online casino games).

Discover Isle of Man iGaming payment solutions with iGaming Core

If you would like to launch online casino or sportsbook on the Isle of Man, then you will need a payment account from a bank, electronic money institution or a payment institution. iGaming Core can advise you on the right solution for your business. We help by:

  • Learning about your operations, business structure, license and target market
  • Advising you on the right payment accounts for your Isle of Man iGaming company
  •  Finding a partner to process payments to your Isle of Man iGaming business
  •  Introducing you to Isle of Man compliance experts

Isle of Man card processing for online casinos and bookmakers

To make online payments on the Isle of Man, debit cards(Visa, Mastercard, Maestro and Solo) are the most popular option. E-wallets such as Skrill and PayPal are also common.  

Contact us today to start accepting payments to your Isle of Man iGaming website

Key Stats and Facts

~2000

People work in online gaming in the Isle of Man.

1.5% tax

On GGY of up to £20m, and less on higher takings.  

18.5%

Of Manx gamble online.

Why iGaming Core?

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