Overview
Gibraltar is a British Overseas Territory known for its robust iGaming regulations, overseen by the Gibraltar Regulatory Authority since 1998.
Rules
- Requires detailed business plan and proof of financial stability.
- Strict AML, KYC, and fairness standards.
- Licenses issued for specific activities (e.g., casino, betting).
Costs
Initial cost: ~$30,000-$50,000. Annual fees: ~2% of gaming revenue (minimum $100,000).
Pros & Cons
Pros: Strong reputation, tax benefits, EU market access.
Cons: High costs, rigorous application process.