E-Gaming
One of the fastest growing industries globally is online gambling and gaming, with growth being estimated at around 40% annually.
The level of regulation over the industry is constantly evolving. Many of the less well-regulated jurisdictions (hosting upwards of 2,500 distinct gaming sites) may find themselves less attractive to their more serious clientele.
Dixcart offers E-gaming opportunities through the jurisdictions of Alderney (via the Dixcart office in Guernsey), the Isle of Man and also in Malta.
Malta
Malta has developed into the leading online gambling hub within the European Union with many of the largest players in the industry choosing it as a base for operations. The Lotteries and Gaming Authority (LGA), which oversees all gaming operations in Malta, has developed a strong reputation for governance of licencees yet also employs a flexible approach, thereby ensuring the rapid growth of the industry on the island. Malta also affords attractive tax benefits to both companies and individuals, and, as a full member of the European Union, also allows freedom of establishment of other EU members into Malta, without hindrance.
Guernsey
Dixcart can assist E-gaming operators to establish their operations in a tax-efficient manner and co-ordinate relevant licence applications and access to appropriate internet service providers. Alderney (the third largest of the Channel Islands and situated within the Bailiwick of Guernsey) has established a flexible yet credible licensing regime, to attract serious e-gaming operators and ensure that all licensees adhere to high standards of client protection and compliance with anti-money laundering legislation. Substantial tax planning opportunities may also exist.
Isle of Man
Dixcart also offers opportunities to online gambling organisations through use of the jurisdiction of the Isle of Man.This location offers enormous bandwidth capacity and is one of the premier locations for regulated online gambling.
The new tax system introduced in the Isle of Man during 2006 presented a number of additional opportunities for online gambling organisations. Operating companies can benefit from zero tax by locating on the Island and owners and key employees can also make significant tax savings if they also move to the Isle of Man.
Key Contact
Managing Director