Online Casinos have a Bonus Trick up their sleeves too – placing themselves in the following jurisdictions means that they do not pay tax on their earnings and can plough the money back into the end user experience. This means all sorts of nice, big jackpots and cash prizes for players. One thing is for sure, the British public love their legal online gambling and show absolutely no signs of slowing down.
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is a British territory in the south of Spain. Gaming operators love working here as it has some serious offshore banking credentials.
Ladbrokes was one of the first British companies to take advantage of the sunny perks and set up there in 1998. As of today, 18 online gambling licenses have been issued in total. 32Red and Bet365 are just two of the larger UK focused Online Casinos in Gibraltar.
is a British Channel Island that is self-governing under the British Crown and is home to the AGCC – The Gambling Control Commission, formed in 2000 and consisting of 4 members, one of whom is the Chairman. The Channel Islands are notorious for being one of the world’s leading offshore financial centers. They have the infrastructure that supports the Jackpot Party, Paddy Power Games, Circus, and Virgin, to name but a few. The AGCC takes pride in being unbiased when it comes to politics, and are transparent in their dealings.
is one of the leading gaming jurisdictions. It is an island near Italy in the Mediterranean that has been issuing online licenses since 2000.
Licenses are issued for 5 years and ComeOn, Roxy Palace and Inter will all have to abide by the local laws and proper British behavior in order to have their licenses renewed when that time is up.
UK Online gambling is £2 billion market and it is continuing to grow, showing no signs of slowing down. In 2012, it was 80% ahead of figures in 2008. Online gambling brings a sheen of respectability and sophistication, coupled with the fact it is completely legal to gamble Online in the UK. More and more people are able to engage in their gambling whims in between their day to day lives, without having to set aside time to venture out to the Casino and change their chips at the door.
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