Gibraltar in the forefront of gaming industry

The 2017 results highlight that Gibraltar has one of the robust gaming markets worldwide.

As per the results of 2017, the territory of Gibraltar in controversy has under its administration one of the robust international gaming markets. Gibraltar possesses a modern updated gaming framework that enables operators to foster diverse gaming businesses from around the world.

Gibraltar being a part of the United Kingdom receives bets from British players. According to the Chief Minister of Gibraltar Mr. Fabian Picardo and as per the online casino operators’ reports: “60 per cent of online bets made in the UK come though Gibraltarian companies.” With the gaming law being upgraded in the territory even cryptocurrencies have been authorised for betting platforms.

Regulations preserve both the consumers and the jurisdiction’s reputation by the use of a rigorous licensing system. It targets blockchain technology, ensuring that companies storing and transmitting value are licensed and monitored by the Gibraltar Financial Services Commission (GFSC), which polices the new Digital Ledger Technology Regulatory Framework.

Under Gibraltar’s regulations, operators from across the world can bid for gaming licenses in order to develop both the land-based market and online gaming platforms. This positions the territory as one of the market leaders worldwide.