The Isle of Man plans to revise its gambling legislation, authorizing regulatory bodies to impose civil fines on individual executives for compliance failures. This marks a fundamental shift from the current practice of only penalizing companies. The 2025 "Gambling Legislation (Amendment) Act" will allow regulatory bodies to fine individuals when violations occur under the executive's "consent, connivance, or negligence." In plain terms, not only companies but also responsible individuals will be held accountable in the future. Interested in the latest trends in global gambling regulation? PASA's official website keeps track.
Key points of the bill: Individual responsibility + written directives, non-compliance can lead to imprisonment
The bill introduces a new "directive power," allowing regulatory bodies to issue formal written directives to licensees and certificate holders, requiring them to provide information, implement corrections, suspend or cease operations, or orderly shut down upon license return. Non-compliance with directives has severe consequences, as regulatory bodies can revoke or suspend licenses and certificates. Violators may face up to six months in prison or a level 5 fine, with heavier penalties possible upon prosecution. Accompanying "Individual Accountability Guidelines" have been published, detailing how to assess individual responsibility and calculate corresponding fines, clarifying that individual sanctions will be implemented alongside company-level penalties.
Enforcement background: Several penalties recently, anti-money laundering risk "medium-high"
Prior to this legislative revision, the Gambling Supervision Commission in February imposed a £200,000 fine on Maverick Games operator Shelgeyr for systemic flaws in customer due diligence and account monitoring. The agency has also recently fined Celton Manx for compliance failures and revoked the license of Boldwood Software's owner. The regulatory body emphasizes that the Isle of Man currently assesses the anti-money laundering risk as "medium-high risk."
Industry participation: Consultation period until May, online Q&A sessions to aid understanding
The regulatory body has initiated extensive consultations on broader legislative reforms and has specifically opened public consultations on individual accountability measures from May 23 to 25, 2026. To help the industry understand the practical application of individual accountability, the regulatory body also plans to hold online Q&A sessions to further explain the implementation of the new regulations. Interested in the latest trends in global gambling regulation? PASA's official website keeps track.
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This article is from "PASA-Global iGaming Leader," a gambling industry news channel: https://t.me/pasa_news
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