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GibraltarGibraltar is a self-governing British Crown Dependency. It is a full member of the European Union and retains complete independence from the UK in matters of taxation. Gibraltar has become known as an online gambling center. As of March 2012, Gibraltar hosts as many as 25 online betting and gaming firms employing approximately 2,000 people. The gambling industry has become its largest employer and tenant. Many online gaming operators view Gibraltar as the best place to locate their operation. Gibraltar began offering licenses to online gaming sites in 1998. The Licensing Authority grants the following types of gaming licenses: bookmaker’s license; betting intermediary’s license; gaming operator’s license; gaming machine license; lottery promoter’s license; pools promoter’s license; and remote gambling license. Primarily, licensed operators with a proven track record, who are licensed in a reputable jurisdiction, have good financial standing and a realistic business plan may have a license granted. Software testing is part of the process as well. Online Gaming Tax is levied at a rate of 1% of relevant income, i.e., gaming yield for online casinos and bets placed for online bookmakers, capped at £425,000 with a minimum payable of £85,000. Betting exchanges are currently taxed on the same basis as fixed-odds operations. For Internet casinos gaming tax is currently levied at 1% of the gaming yield or gross profit. The maximum and minimum cap is the same as for fixed-odds betting. There is no VAT (Value Added Tax) in Gibraltar. 293 Gibraltar sites support English. edit your preferences Gibraltar
Address
Ministry of Finance Gambling Division No. 6 Convent Place Gibraltar Website Business Offices +350 20064145 Fax +350 20079901 View All Gaming Jurisdictions Gibraltar Jurisdiction News
New Permit regulations drive Betfair out of Greece
Betfair bail out of Greece, citing financially unviable market. British online gambling company face tax hearing Tax hearing will discuss whether bookies Stan James partial move to Gibraltar was only for tax-reducing purposes. Betfair move to Gibraltar gambling licence Betfair to move to Gibraltar licence to save money on British gambling tax payments. William Hill move telephone business to Gibraltar William Hill says unfair tax regime putting pressure on their business, as they shift telephone arm to Gibraltar. Ladbrokes confirms Gibraltar move for online gambling International news brief: Move of eGaming business will cost UK Treasury millions. UK gambling tax puts us at disadvantage, says Betfair International news brief: Betfair attack the Treasury's online gambling tax rates and refuse to rule out a move offshore. U.S. law hits PartyGaming results International News Brief: Half-year profits at online gambling firm Partygaming have been wiped out, after the firm ended trading in the US following a change in the law. William Hill moves online operations International News Brief: William Hill is set to transfer its online gambling operation from the Dutch Antilles in the Caribbean to Gibraltar. William Hill Casino relocates ahead of advertising ban International News Brief: William Hill is set to transfer its online gambling operation from the Dutch Antilles in the Caribbean to Gibraltar because of UK advert ban. Gibraltar accepts eCOGRA certification for online gambling integrity eCOGRA has become one of the first organisations to be approved by the Minister responsible for Gambling of the Government of Gibraltar. UK Minister Visits Gibraltar International News Brief: UK Sport & Gambling Minister Richard Caborn is in Gibraltar to see how Gibraltar operates in its role as a leading global jurisdiction for on-line gambling. CapitalCasino.com Announce Grab Hold of the Gold.Promotion Two Capital Casino players each month from September through November will win half-ounce American Eagle gold proof coins.
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