The Isle of Man Gambling Supervision Commission is recognised across the globe as a top-tier iGaming licensing authority and has issued online gambling licenses to many of the world’s most trusted operators of real money gambling sites, including online casinos, dedicated poker sites, online sports books (aka sports betting sites or online bookmakers), and online bingo and lottery sites.

Let’s dive straight in to discover more about how licensing helps fuel growth and fosters a sense of trust in the global gambling industry.

Where is the Isle of Man Gambling Supervision Commission based?
The Isle of Man is a British Crown Dependency island situated in the Irish Sea and nestled between Great Britain and Ireland. Being a British Crown Dependency means the island depends on the United Kingdom government for foreign relations and defence, among other things.

However, the Isle of Man is NOT considered a part of the UK and is self-governed. In other words, the authorities here can adjust and improve licensing requirements as they see fit.

The trusted licensing authority that is responsible for overseeing the licensing and regulation of the iGaming industry on the Isle of Man is the Gambling Supervision Commission. This independent statutory board was established in 1962 and has adapted in recent years to cover the online gambling industry, too.

What else is the Gambling Supervision Commission responsible for besides issuing online gambling licenses to operators?
The authority has one of the best legal frameworks in place and is known for its strict vetting process of potential licensees and for not just handing out licenses to anyone with enough money to purchase one.

Many of the world’s most trusted iGaming sites, such as the official 10bet.com - Crypto Casino & Sportsbook website, are licensed here, and apart from just issuing licenses to trusted real money gambling sites like this, which helps the local economy and businesses grow and fosters a sense of trust in the iGaming industry, the Isle of Man is the Gambling Supervision Commission also has several other important roles, including the following:

● Actively promoting responsible gambling and providing safer gambling tools to protect the young and those who are deemed ‘at-risk’
● Keeping the gambling industry free of fraudulent activities and other crimes
● Upholding the integrity of the online gambling industry and maintaining that the products and services offered by its licensees are fair and that players always receive any winnings they attempt to withdraw from iGaming sites that are licensed and regulated by the Commission

The Isle of Man Gambling Supervision Commission has raised the bar for how online gambling licensing and regulation should be practised in any top-tier gambling jurisdictions, thanks to its high standards and the constant ability to adapt in an ever-changing industry.

The Commission is well-known for its innovative regulatory approaches and high standards, and one of the other roles it is also leading the way in are things like tackling emerging challenges, such as the issue of loot boxes in the video gaming industry, which players can purchase in-play in certain games.

In short, Isle of Man is the Gambling Supervision Commission enhances the global reputation of the industry’s leading iGaming platforms and builds a huge sense of trust in operators and all other involved stakeholders, from the software providers and game development studios that supply games to the casinos, to the payment processing gateways that facilitate transactions between the players and the real money gambling sites they sign up to.

A licensing jurisdiction is a major factor in determining how reputable an iGaming operator is and how transparent their day-to-day operations are. It can also tell us what kind of legal backing a player is entitled to should any issues arise at a gambling site licensed by that authority. Issues do arise from time to time and, when they do, players know that the site will not be ignoring the player’s call to action a resolution.

The jurisdiction is a territory, region, or country where a gambling site legally operates. However, at the same time, it doesn’t necessarily mean that it’s actually located there.

Other similar top-tier licensing authorities that are also known for their high standards and licensing only the industry’s most trusted operators are the following:
● The New Jersey Division of Gaming Enforcement (NJDGE)
● The United Kingdom Gambling Commission
● The Gibraltar Regulatory Authority
● The Kahnawake Gaming Commission
● The Alderney Gambling Control Commission

Trusted licensing authorities for the iGaming industry can also be found in several other US States and Canadian provinces, Malta, Denmark, Belgium, and a handful of other jurisdictions.

Final thoughts
The online gambling industry is now safer than ever, thanks to reputable licensing authorities like the Isle of Man Gambling Supervision Commission. It’s best to avoid playing at iGaming sites that are licensed by what have been labelled as bottom-tier or rubber-stamp licensing authorities.

The main sites that should be avoided at all costs are UNLICENSED gambling sites because you have zero legal backing or protection as a player.

Only stick to play at sites like 10Bet.com that are known to be fully licensed and regulated by a reputable top-tier licensing authority such as the Isle of Man Gambling Supervision Commission.