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Gibraltar Betting and Gaming Association
A Gibraltar-based regulatory body that licenses many of the world’s online gambling operators and igaming software developers.
The Gibraltar Betting and Gaming Association (GBGA) was set up as a body tasked with overseeing the regulation of remote gambling. And considering that the British overseas territory imposes extremely low tax rates, this made Gibraltar an appealing destination for online gambling operators that wanted to avoid the UK’s higher rates. But that has since changed since the UK shut the loophole in December 2014.
Remote Gambling Regulator
Since then, the GBGA has continued to be a viable regulatory body because the UK Gambling Commission only licenses operators within its own country. As a result, this has ensured the GBGA has been able to continue to play a role in licensing the world’s online gambling operators.
The GBGA has a star-studded membership that boasts sportsbooks, online casinos, poker sites, and bingo sites, not to mention software providers. Some of the best-known operators include 888, bet365, Betfair, Betfred, BetVictor, Gala Coral, Ladbrokes, and William Hill. From a software standpoint, two examples include Gamesys and IGT.
At the core, the GBGA promises to operate as a body that embraces the provision of safe, fair, and competitive online gambling services. To ensure this happens, the body demands that its licensed members reach the highest standards for consumers, whether situated in the EU or elsewhere on the globe.
Gibraltar for Remote Gambling
Another principal goal is that the GBGA continues to develop Gibraltar as a leader for online gambling, which happens by bringing together the world’s foremost operators and software developers. All parties are required to maintain a presence in Gibraltar, helping to make it a centre of excellence.
Would you like to learn more? Visit the following link for more details and information: gbga.gi.