Online casinos accepting players from Gibraltar

Bordered to the north by Spain and surrounded by the Mediterranean Sea, Gibraltar is a British Overseas Territory and city located at the southern tip of the Iberian Peninsula. Its landscape is dominated by the Rock of Gibraltar, which is home to Barbary macaques.

Gibraltar belongs to regions where both land-based and online gambling is regulated. Licensed operators legally provide land-based casino gaming, betting, and lotteries.

What’s even more, Gibraltar is a popular gambling jurisdiction. Its licenses are highly valued among both operators and players, due to the reputable licensing process and competitive taxation.

Laws and Regulations

To start with, the Gibraltar Regulatory Authority granted the first interactive license in 1998 under the 1958 Gaming Ordinance. Aiming to modernize the regulation of the iGaming industry, the Government passed the Gambling Act in 2005(Act No. 2005-72). For the very first time, the land-based sector was differentiated from interactive gambling.

To ensure the industry could operate smoothly, the Act also included the establishment of the Licensing Authority and the Gambling Commissioner. At the time being, the industry is regulated, governed and supervised by the HM Government of Gibraltar Gambling Division and HM Government of Gibraltar Licensing Authority. A company interested in obtaining a license needs to be compliant with stringent technical and operational standards.

Since 2005, The Gibraltar Betting and Gaming Association (GBGA) functioned as a non-corporate entity, but a couple of years later, in August 2013, it was established as a corporate body. The institution’s main aim is “to provide the interactive gambling industry in Gibraltar with a single voice to enable better interaction with regulators, legislators, and key decision-makers around the world.”

In June 2022, The Government suggested that a Gambling Act should be drafted. As far as proposed, operators would be required to have a local presence in Gibraltar in order to be licensed there.

As for taxation, interactive fixed odds, exchange betting, and interactive casino gaming are charged 0.15% of the gross win. It's worth stressing that in July 2021, the Government announced it would increase the corporate tax rate from 10% to 12.5%.

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Player Protection and Responsible Gambling Measures

Gibraltar is among the areas that highly value responsible gambling, which is why it is putting all its efforts into maintaining the environment well-organized, safe, and secure. As its licensing procedure is rigorous, similar to those UK and Malta have, players, can be at ease when gambling at Gibraltar-licensed online casinos.

To obtain a remote gambling license, companies must ensure that their gambling products and services have been tested and certified as compliant with local standards. Test labs approved by the Gibraltar Licensing Authority include eCOGRA, iTechLabs, GLI, Quinel M, and BMM Compliance among others.

As for marketing and advertising, the guidelines instruct that content should be truthful and accurate and aimed exclusively at adult audiences and markers in which gambling is legal under the local law. Also, the advertisements must not contain links to sites that feature violent, immoral, or content that may be classified as appealing to minors. There are multiple guides and instructions related to AML policies as well.

Should one wishes to submit a complaint, there are detailed instructions on the official website of the HM Government of Gibraltar, described under the “Finance, Gaming & Regulations” section. The areas of complaint include issues with suspended funds or accounts, document verification, unfair games, software and connection faults, bonus complaints/abuse, Terms, and Conditions, canceled and bets self-exclusion, and gambling limits, among all others.

Speaking of, license holders are required to have defined tools that allow clients to manage their gambling habits. Those include self-exclusion and options to set spending, time, or loss limits for agreed time periods. If the licensor discovers that an operator is not taking sufficient steps to control the behavior of clients, it will be ordered to reimburse the losses. Particular attention should be paid to players at higher risk as well.

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Payment Methods and Banking

The official currency is the Gibraltar Pound (GIP). Its value is pegged to and exchangeable with the sterling. UK notes and coins are also accepted and have the same value, but the ones issued in Scotland or Northern Ireland are not accepted in this area. Also, Gibraltar Pounds are not accepted in the UK. Some businesses accept euros, although exchange rates may not necessarily be favorable.

As the number of online casinos accepting GIP is quite limited, players usually make deposits and withdraw using alternative options. Most commonly they are offered either GBP or EUR for transactions, so they have more than enough options to choose from.

When it comes to crypto, the Gibraltar Stock Exchange was acquired by Valereum, a blockchain firm, becoming the world’s first regulated bourse for share and crypto trading. Gibraltar committed itself to formally regulating crypto in order to future-proof its status as a financial hub. As a matter of fact, the territory is putting plenty of effort to prevent market manipulation.

The fact that crypto is positioning itself as the official payment asset in this area is undoubtedly great news for fans of gambling via Bitcoin, Litecoin, Dogecoin, and other cryptocurrencies.

What Should Players from Gibraltar Pay Attention to When Selecting a Casino?

When choosing an online casino, a player shouldn’t just make a deposit at the first casino they discover. They should investigate a bit to see what’s underneath the attractive surface.

Wanting to help you find the one which fits your demands, we came with the following instruction manual, to say so:

• First of all, check the license and certificates from test labs
• Pay attention to the available payment methods, min and max limits for deposits and withdrawals, fees, pending and processing times…
• See which providers and game genres are featured in the game’s lobby, what the portfolio is like when accessed on a mobile device, and is there demo play…
• Check out promotions and bonuses, as well as wagering requirements, max cashout limits, and game contribution percentage
• Take a look at the available tools for responsible gambling, and channels of communication with the customer support department

Finally, take time to thoroughly read the Terms and Conditions, to be completely sure whether everything’s well explained, and that the rules are fair, after all.

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Gamble responsibly!