The Isle of Man’s Gambling Supervision Commission (GSC) has projected a £778,000 revenue shortfall for the 2025–26 financial year, citing a continued decline in new gaming licence applications and an increase in revoked or cancelled licences. This financial gap was disclosed in a list of departmental revenue bids made public through the island’s 2025 Budget documents and confirmed by media outlets including Isle of Man Today. The GSC, which depends on annual licence fees and revenues from new business applications to sustain its operations, expects to carry only 109 active licences into the new fiscal year—well below the Treasury’s earlier forecast of 148. Drop in Licence Numbers and Application Failures As of now, the regulator lists 84 online gambling licences, three bookmakers, five gaming machine suppliers, and a single casino licence holder. The shortfall stems from multiple factors, including an ongoing struggle to attract new operators. The Commission had originally anticipated… Read More
Category: News
Source: Casino News Daily
