By joining our illustrious list of online gaming companies you can expect a Govt with a stable economy committed to supporting the e-Gaming sector, a fast licensing process, Double Duty Relief for EU states, low duty rates based on retained profit, 100% player protection, a skilled labour pool, a world-class, reliable resilient IT. Amber (Isle of Man) Limited, a company registered in the Isle of Man (012691V) at Clinch’s House, Lord Street, Douglas, Isle of Man, IM99 1RZ. Amber Services (Malta) Limited, a company registered in Malta (C88319) at Level 4, Ewropa Business Centre, Triq Dun Karm, Birkirkara Bypass, Birkirkara, BKR 9035, Malta, is registered to act as a. Gambling Supervision (Permitted Disclosures) Order 2010 Regulations made under the Gaming, Betting and Lotteries Act 1988; Bingo Nights (Prescribed Conditions) Regulations 2010. The Isle of Man government is allowing operators licensed in the jurisdiction to claim Double Duty Relief up to a monetary maximum equivalent to the amount of gambling duty that would be due to the island’s treasury on the same activity.

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Ladbrokes and Coral parent company GVC picks up previous penalty

An Isle-of-Man-based gaming group has been hit with a penalty of nearly six million pounds, after failing to block people with a known gambling habit.

The UK regulator says the owner of Ladbrokes and Coral betting stores also didn't make sufficient checks to prevent money laundering.

The parent company, GVC, based in Athol Street in Douglas, admits the compliance failures were unacceptable, and insists it has made changes.

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It adds that the failings took place prior to its acquisition of Ladbrokes and Coral in March last year.

The Isle of Man is a self-governing crown dependency in the Irish Sea between England and Northern Ireland. The head of state is Queen Elizabeth II, who holds the title of Lord of Mann. The Lord of Mann is represented by a lieutenant governor. Foreign relations and defence are the responsibility of the British Government.

The Isle of Man is a low-tax economy with no capital gains tax, wealth tax, stamp duty, or inheritance tax^[1] and a top rate of income tax of 20%.^[2] The rate of corporation tax is 0% for almost all types of income; the only exceptions are that the profits of banks are taxed at 10%, as is rental (or other) income from land and buildings situated on the Isle of Man.^[3][4]

Offshore banking, manufacturing, and tourism form key sectors of the economy. Agriculture and fishing, once the mainstays of the economy, now make declining contributions to the island's Gross Domestic Product (GDP).

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Notable firms[edit]

This list includes notable companies with primary headquarters located in the country. The industry and sector follow the Industry Classification Benchmark taxonomy. Organizations which have ceased operations are included and noted as defunct.

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• Peel is the island's main fishing port.

• Peel P50 at Manx Transport Museum, Peel

• HSC Manannan in Douglas, Isle of Man.

• Manx Telecom headquarters in the Isle of Man Business Park, Douglas.

References[edit]

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1. ^'Financial Services Sector - Isle of Man. Where You Can'. gov.im. Archived from the original on 19 April 2012. Retrieved 28 February 2015.
2. ^'Interview With Brian Donegan, Director Of Foreign Investment, Isle Of Man Government'. OnlinePersonalsWatch. Retrieved 4 April 2013.
3. ^New Assessor of Income Tax – Isle of Man GovernmentArchived 2007-09-30 at the Wayback Machine
4. ^Forget Monaco: Isle of Man cuts tax to tempt super-rich – Tax, Money – Independent.co.ukArchived 2007-05-10 at the Wayback Machine
5. ^– Contact Us
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