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Introduction
Internet gambling which offers the facility of sports betting or casino games from the comfort of the player’s home has been actively promoted by a growing number of jurisdictions for several years.
The proper control of gambling includes:
- Proper handling of players’ funds
- Prevention of gaming by minors
- Player protection
- Compliance with anti-money laundering regulations
OCRA Worldwide believes that the regulations enacted by the Isle of Man Government (see www.gov.im/gambling) not only provide an extremely solid foundation for the establishment of on-line gambling businesses but, in combination with the Isle of Man’s taxation regulations and world-class IT infrastructure, offers an economically attractive location from which such a business can be operated.
Accordingly OCRA (Isle of Man) Limited, in conjunction with Mann Benham, an Isle of Man based law firm which has developed specialist expertise in the legislation controlling on-line gambling offers clients a cost-effective integrated solution.
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