When you are ready to submit your Licence Application to the Isle of Man Gambling Supervision Commission, a statutory application fee of £5,000 must be paid to the Inspectorate by an applicant or their representatives. 

 

The application package must contain a hard copy containing all the necessary signatures. This link provides you with access to the Application Form for your review and consideration.

 

While representatives, such as lawyers or corporate service providers can perform a lot of the administrative procedure on behalf of the applicant, it is not a statutory requirement for an application to be made by, or through them.

 

The application process typically takes 10-12 weeks once the Inspectorate is satisfied that the application has been submitted complete. The official period begins when the Inspectorate issues a letter stating that the application has been accepted and the process is underway.

 

In normal circumstances many questions will be expected from the Inspectorate. This is to be expected and is an ideal opportunity to explain the model and structures, etc. more fully to the mutual benefit of both the applicant and the Inspectorate.

 

The Inspectorate will also expect to meet with the Designated Official and Operations Manager (where appointed) to discuss the business model and gain an understanding of the competence these key officials have with regard to the business being proposed and the gambling sector as a whole.