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Gaming Licences >
Regulated Jurisdictions
> Gibraltar
Gibraltar iGaming Licences
General
Information: |
Gibraltar , is the only UK
overseas territory that is part of the EU. Gibraltar was excluded from
certain parts of the EC Treaty. Being excluded from applying EU rules
relating to VAT and other taxes, it makes no contribution to the EU budget.
Gibraltar neither forms part of the customs territory of the EU. |
Currency: |
Pound Sterling £ (GBP) |
Language: |
English |
Human Capital: |
Highly educated workforce; IT
focused; multi-lingual |
Living Conditions & business facilities: |
High standard of living;
relatively low cost; reliable and efficient network of airline operators;
relatively cheap office space; good health services; excellent education |
Characteristics of the
Gibraltar
Remote Gaming Licence
Regulatory Body |
Gibraltar Regulatory Authority |
Type of Licenses: |
1. Bookmaker’s licence
2. Betting intermediary’s
licence
3. Gaming operator’s licence
4. Gaming machine licence
5. Lottery promoter’s licence
6. Pools promoter’s licence
7. Remote gambling licence |
Gaming Tax: |
Tax rate for fixed-odds and
online gaming operations is 1%of turnover, with the gaming tax capped at
£42,500,000 per year
For Internet casinos gaming tax
is currently levied at 1% of the gaming yield or gross profit |
Government Aapplication &
License Fees: |
No start-up licensing fees, but
there is an annual fee of £2,000 |
Type of Company: |
Depends on
the type of licence one applies for. |
Company Taxation: |
Corporate tax rate of 10% |
Validity of Licence |
1 year |
Estimated time-frame to obtain a
licence |
Several variables. |
Restrictions on jurisdictions
vis-à-vis wagers |
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Reporting requirements |
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Bandwidth provision
Financial Services
Payment Gateway |
EuroConsulta can assist e-gaming
operators in obtaining
e-payment solutions for
collecting funds and paying winnings. |
Gaming Licences >
Regulated Jurisdictions
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Gibraltar
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