Internet Business
Gibraltar offers a favourable tax system, good internet connectivity along with a well-developed regulatory system. All gambling operations in Gibraltar require licensing under the Gambling Act 2005. The Gibraltar Regulatory Authority is the Gambling Commissioner under the Gambling Act 2005, and therefore the regulatory body. Good regulation, and being part of the EU is seen as a strong advantange by large legitimate operators. The UK has published plans to protect online gamblers from crime and exploitation by banning gambling adverts from poorly regulated countries which specifically mention Gibraltar as an approved location.
Read more about this topic: Economy Of Gibraltar
Famous quotes containing the word business:
“The business eternally passing thro’ my mind and occupying it exclusively, wipes out at once the recollection of things which have been presented to it but once, and on which it has had no occasion to recur.”
—Thomas Jefferson (1743–1826)