Gibraltar is a small self-governing British territory located on the southern-most tip of Europe. The territory has been dealing with offshore and remote gambling since the late 1980s, and issued its first online gambling license in 1998. Today, under the Gambling Ordinance of 2005, all internet gambling websites operating out of Gibraltar are required to obtain an internet gambling license from the Gibraltar Gaming Commission. The territory is a global hotspot of gaming, hosting some of the internet's top names in online gambling. Over 10% of Gibraltar's workforce is employed in the internet gaming sector.
Licenses there are not handed out to just anybody – a company must have a history in the gambling industry, a strong reputation for reliable and honest business practices, and must proffer a detailed and realistic business plan with their application. Gibraltar is an attractive place for online gambling companies because of their extremely low tax rates, but licenses are known to be very difficult to obtain.
This is great news for players, because it means only the cream of the crop can obtain licenses out of Gibraltar. Players can rest assured that any online gambling site licensed out of Gibraltar has been put to the test, and will offer trustworthy services of the best quality. The Gibraltar Gaming Commission sets strong regulations that their licensees must follow, and they enforce them very strongly.