Online Gaming Companies in Gibraltar
Gibraltar is a haven for online gaming companies mainly due to the tax afforded to them by the local government. All online gaming companies in Gibraltar require licensing under the Gambling Act 2005 with remote gambling licences, including for telephone and internet betting, also issued by the Licensing Authority. The list of online gaming companies In Gibraltar includes publicly listed companies such as 888 Holdings and Party Poker.
Currently Gibraltar sees over 60% of all global online casino and online gambling business come flowing through its borders. Gibraltar is the largest jurisdiction in the world, the most successful jurisdiction in the world in the provision of online gaming. Online gaming is a burgeoning part of e-commerce and Gibraltar is at the forefront of that. There are a whopping 26 registered online casinos and other operators running in Gibraltar. This includes British sportsbook Ladbrokes who found that the territories low tax rates and other economic benefits are too appealing not to take advantage of.
There are over fifteen online gambling companies in Gibraltar and many of these are listed on the London Stock Market. The online gambling industry in Gibraltar employs over 1,800 people, which is more than twelve percent of its entire workforce. This figure is quite astounding when you consider that the total population is around 27,000 and the gross area of Gibraltar is only 2.5 square miles or 6.5 square kilometers.
The availability of jobs in the online gaming companies in Gibraltar is varied but is predominantly in customer service, IT, accountancy and marketing.
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