CASINO LICENSING JURISDICTIONS - GIBRALTAR
Gibraltar is recognized as one of the leading gambling licensing jurisdiction, with many big name casinos and sportsbooks being licensed there. Gibraltar licensees are considered some of the safest casinos online due to the stringent licensing requirements needed in order to obtain a Gibraltar Gaming License. Licenses are only issued to blue chip companies, who have a good trackrecord in the gambling industry, adequate financial resources and a realistic business plan. Licensing in Gibralatar is the mostdifficult to obtain,
so you can be sure that any casino licensed there is sound.
Amongst the terms of holding a Gibraltar Gaming License is that gaming companies take steps to ensure that their advertising is truthful and reasonable, only targeted to adult players and not to link to violent or adult material. The licensing laws also state that the licensee shall only operate in jurisdictions where gambling is legal. Adequate precaustions must be in place to ensure that minors do not access gambling services.
Gaming companies wishing to be licensed in Gibraltar must undergo stringent financial checks to ensure they have enough money to ensure players will be paid and that there is sufficient working capital to ensure that day to day expenses are met. Audited accounts must be presented to the licensing authority each year.
Gaming Tax
Fixed odds gaming companies licensed in Gibraltar are taxed at 1% of their annual turnover up to £42,500,000 with a minimum annual amount owing of £85,000. Internet casinos are taxed at 1% of the gaming yield or gross profit. For both internet casinos and fixed odds gaming companies the maximum tax payable is capped at 425,000 per annum.
A full copy of the Gibraltar Gaming Regulations can be downloaded from here http://www.gibraltar.gov.gi/images/stories/PDF/gaming/generic_code_v1.0.2009.pdf
Below you will find our directory of Online Casinos licensed by the Gibraltar Gambling Commissioner.
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