Isle of Man Moves Toward Major iGaming Law Overhaul

A public consultation has begun on the Isle of Man as the local authority GSC proposes extensive changes to its regulatory system. The plan introduces ongoing suitability checks, post-licence surrender duties, and unified investigation procedures. These shifts aim to boost operator transparency and deliver a more predictable licensing framework that benefits long-term business planning.

New Duties for Platform Owners

The reform targets six core Acts to align the island’s gambling rules with global expectations ahead of the 2026 Moneyval review. The primary goal is to modernise licensing oversight and streamline the process for existing and future service suppliers.

Upgrades to the Online Gambling Regulation Act 2001 and the Casino Act 1986 would expand the scope of the «fit and proper» assessment, which would become a continual requirement throughout the licence’s lifespan.

Key adjustments:

• ongoing assessments of individuals based on trustworthiness, skills, and finances;
• thresholds of 5% for private companies and 20% for public entities;
• coverage of senior roles, including compliance and AML officers.

This broader test will apply to those in key control or oversight roles, such as owners and executive managers. The GSC also plans to publish detailed instructions on how the test will be applied. Operators will get clearer expectations for corporate governance as a result.

Another major change is in how licenses can be voluntarily surrendered.

Companies must now go through a structured closure process:

• outline how operations will be wound down;
• guarantee the return of customer funds with a predefined plan;
• fulfil any extra post-surrender terms imposed by the GSC.

Operators cannot simply walk away from responsibilities. The GSC may reject surrender applications or attach conditions to them, though such decisions will be open to appeal.

Stronger Enforcement Tools

Inspection powers will no longer be fragmented across separate laws. A single, cohesive set of rules will grant GSC similar authority to regulators under the Financial Services Act 2008.

The proposed tools will enable the GSC to apply the following:

• carry out regular site visits;
• demand access to premises and documentation;
• conduct interviews and request key data;
• seize materials with court approval.

These authorities will not only apply to current licence holders but also to past operators, executives, and even unlicensed parties involved in iGaming activity covered by Manx rulings.

Money Laundering, Responsibility, and Individual Accountability

One of the most notable updates relates to personal obligations. The act of 2018 will be enhanced to make individuals accountable where misconduct arises from negligence or deliberate action.

What this means in practice:

1. Civil liability may be imposed on senior executives where misconduct is proven.
2. GSC may apply penalties alongside or rather than criminal charges.
3. Individuals and companies retain the right to appeal.

This shift introduces higher responsibility. It also aligns with international demands for stronger AML and CTF regimes.

Additional Legal Refinements

Several other laws will be refined as part of this legislative package. The act of 1988 and the amendment of 1984 will get updated language and more accessible appeal processes. The Gambling Supervision Act 2010 will get a strategic refresh. The GSC’s role will prioritise regulatory and reputational oversight. The economic development clause will be removed.

Casino Market continues to follow every legislative step. Stay with us for more updates and explore licensing support, consultation services, and software solutions. Order a viable permit in the Isle of Man or any other jurisdiction of your interest.

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James Burton The Casino Market partner, the owner of the gambling establishments’ network

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