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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 U.K. in matters of taxation. Gibraltar has become known as an online gambling center. As of September 2013, Gibraltar was hosting more than 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 operations. 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. Licenses are only granted to operators with a proven track record who are licensed in a reputable jurisdiction and have good financial standing and a realistic business plan. 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 GBP 425,000 with a minimum payable of GBP 85,000. Betting exchanges are currently taxed on the same basis as fixed-odds operations. For internet casinos, the 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. In June 2014, the Gibraltar Betting and Gaming Association (GBGA), which represents operators based in Gibraltar, challenged the Gambling (Licensing and Advertising) Act 2014, which required operators to apply for a license from the U.K. Gambling Commission. The GBGA's argument was that, because Gibraltar-based operators are already licensed in Gibraltar, they do not need a license in the U.K. and should not be subject to the U.K.'s 15% point of consumption tax. In July 2015, the challenge was referred by the High Court in England to the Court of Justice of the European Union. The resolution of GBGA's legal challenge has not yet been determined. 223 Gibraltar sites support English. with United States Dollars. edit your preferences Gibraltar
Address
Ministry of Finance Gambling Division Gambling Division H.M. Government of Gibraltar, Suite 603 Europort Gibraltar GX11 1AA Website Business Offices +350 20064142 Fax +350 20064150 View All Gaming Jurisdictions Gibraltar Jurisdiction News
iGaming in a post-Brexit environment
As Brexit looms on the horizon, Ron Mendelson from Fast Offshore explains the climate of uncertainty surrounding iGaming operators. APCW Perspectives: A more 'normal' show Following weeks of exposing the dark underbelly of the industry, J. Todd attempts to have a "normal" round of news and information from Amaya Gaming, Gibraltar, the Netherlands and the U.K. Playtech sponsors Girls in Tech organization With the launch of the organization's latest chapter in Gibraltar, Playtech has signed on as a partner to increase diversity and inclusion in the gaming industry. Magnet Gaming expands internationally The company has made the strategic decision to obtain licenses in new European countries in order to extend the range of their offering. Yggdrasil receives Romanian licenses The provider has been approved to supply licensed operators in the country with its suite of slots and promotional tools. Yggdrasil announces successful first half of 2016 The company released six new slots, experienced periods of increased revenue and was recognized for its achievements in the form of two awards. APCW Perspectives: Brightshare shaves affiliates This week J. Todd turns his attention to the issues at Brightshare, where some webmasters have not been receiving their full commissions. Brightshare's response has only made matters worse. Plus, a brief discussion on the potential effects of Brexit on the online gambling industry. Yggdrasil Gaming receives Gibraltar license The company has been awarded a B2B remote gambling license from the Gibraltar Licensing Authority and will now offer its award-winning slot games and gaming platform to Gibraltar-based operators. Yggdrasil extends reach with Gibraltar license application The company has submitted the formal application to obtain a B2B remote gaming license from the Gibraltar Licensing Authority and expects the licensing process to be finalized shortly. Vegas Mobile Casino hosting Gibraltar Blackjack Tournament The four finalists with the highest net win on blackjack from Oct. 2 to Oct. 29 will play in the final event in Gibraltar on Nov. 14.
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