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A tax amnesty saw an additional £10 million of income disclosed, raising £1.88 million in revenue for the Manx government.
It was announced in the budget in February, and ran from July to September.
Just over 100 people took advantage of the offer, and settled outstanding demands.
Treasury Minister Anne Criane says such exercises are appropriate from time to time, to allow people to 'bring themselves up to date'.
She says the size of the return indicates there isn't a major problem.
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Gambling Supervision Commission publishes statement
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Comes after concerns raised about the issues facing the industry
Looneys of Ramsey to close
Number of factors behind the decision
Trade is good, but it's still a struggle to make a profit, says local business
Comes after calls for gov't to do more to help hospitality sector
Villiers Square development plans approved
Two buildings proposed for the site
Developer offers Newson's building to government 'free of charge'
But government minister thinks it wouldn't be appropriate to accept
