When players are choosing an online casino, they will often see that sites are licensed and regulated in Gibraltar. What this means is that the casino operates in accordance to all laws pertaining to gambling and that the site meets strict legal guidelines. Gibraltar is a self-governing territory that is a member of the European Union. In 2005, there was a gambling act that was put in place to begin the regulation of online casinos. The Gambling Act of 2005 states that all gambling operations within Gibraltar must be licensed and the licensed are to be issued by the Licensing Authority in the jurisdiction.
The Gambling Commission in Gibraltar is referred to as the Gibraltar Regulatory Authority and this is where the licensed will be issued to operating casino sites. In order for a casino site to obtain a license in Gibraltar they must meet certain conditions. The applicant must make sure that all promotions and advertising is accurate at all times. These advertisements must only target individuals over the age of 18 and the casino should never accept any player that is under this age. The advertisements should only be directed at players who reside in a location that allows online gambling activities by law.
Each and every license that is issued in Gibraltar will continue to be controlled by the regulating body. This means that all information from the casino, including account information, credit card information and processing reports will be held in the jurisdiction and will not be released to any other governing body as long as the casino site remains a licensed operator in Gibraltar.
At this time, the Government of Gibraltar currently licenses over 50 casino sites and has one of the strictest criterion for license approval. The licenses must be renewed annually and the casino must attest that all games have been tested and audited. Gibraltar is one of the largest licensing bodies in the online gambling industry and many of the top online casinos currently operating are regulated in this jurisdiction.
When players are looking for a reliable and reputable online casino, they should choose one that is regulated and licensed in Gibraltar to ensure the most secure experience possible online.