Gibraltar is a British Overseas Territory located at the southern tip of the Iberian Peninsula, sharing a border with Spain. Despite being British, it has a separate political and legal system, making it a self-governing jurisdiction with its own parliament. The political status of Gibraltar is a source of occasional tension between the UK and Spain, as the latter has long sought to reclaim sovereignty over the territory.
The appeal of Gibraltar for offshore gambling sites lies in its favorable regulatory environment. Gibraltar has established a robust legal framework for online gambling, offering a well-regulated and stable platform for operators. The jurisdiction is known for its low corporate tax rates, making it attractive for businesses seeking a favorable financial climate. The principle legislation, the Gibraltar Gambling Act, 2005 is based on the UK Gambling Act, 2005.
The article in full at
Offshore betting sites: Understanding the key provisions of Gibraltar gambling licensing regime
