Gibraltar Gaming Jurisdiction is the regulatory body that licenses many of the top brands in the industry today. They are UK whitelisted meaning only but the top trusted operators can obtain a gaming license issued under strict guidelines. Gibraltar is one of the more popular, or known gaming jurisdictions that has issued licenses to more than 25 brands. Gibraltar is a small British territory that is located on the southern tip of Europe. One reason why Gibraltar is so attractive by many is for their self-governing practices of following the regulations and the low tax rates. Since Gibraltar licenses are only approved for blue chip businesses you can guarantee there are no rogues or blacklisted gaming sites that hold the Gibraltar license.
There aren’t that many licenses being handed out with such strict guidelines put into place. Once an operator owns the license they can use that same license to operate other gaming sites under the issued one. All of the high standards expected are forced to each gaming site that is operating under the issued license.
Gibraltar issued its very first electronic gaming license in 1998. Today, all gambling operations are required under the Gambling Act 2005 to hold a license for all virtual casino betting and telephone betting. The Commission is directed to ensure all licensees conduct their online operation in agreement with the Gibraltar regulations to uphold their reputation within the industry. T&C's apply to all bonus offers on this site. Click for a list of all jurisdictions.
Gibraltar Gaming Authority
Licensees Need to be in Good Standing with Trusted Business Practices
Obtaining a gaming licensed issued by the Gibraltar Jurisdiction is a practice known by many. There are certain qualifications that must be met before the procedure can begin. All licensee applicants must have a strong history in the gaming industry. A solid reputation along with reliable and trusted business practices must be in order before consideration. The starting point to getting the application procedure started is to present the Commissioner with a detailed proposal of the said business/company proving its strong background and business practices. If the proposal passes the inner policy test then the next step to obtaining the license will be issued. The issuing authority will only take into consideration blue chip companies that have a good standing with its reputation, financial records and that can deliver an astounding business plan.
Gibraltar has its own policies that are different than other jurisdictions with offering no start up fees, annual licensing fee and all operators must award the Commission a certain percent of all gross production. Licensee holders must at all times keep player information private. There must be effective control with all accounts and audits of the software, and all codes of practice enforced by the Gambling Act must be bound at any time. Failure to do so will result in losing the license.
Complaints and Disputes
Complaints and disputes will derive no matter which casino or gaming jurisdiction you are playing. The Gibraltar Gambling Commissioner takes player complaints and disputes seriously advising its licensees to follow protocol when handling them. The Commissioner also advises for all operators to have a system implemented for receiving and handling such cases. If the player cannot resolve the issue they can file a complaint with the Commissioner. The process of handling the complaint may take some time, but a satisfied judgment will be met. If an electronic gaming site fails to comply with said complaints or disputes, it can result in the license being revoked.
Click to visit Licensing Authority website.
Posted by CCJ Team