Gibraltar: a hub for crypto entrepreneurs

Dominic Carman

Featured in our Offshore Report (April 2021)

Gibraltar has much to celebrate. Not only have all its adult citizens been vaccinated against Covid-19, but a treaty has finally come into force between Spain and the UK on tax cooperation. Post-Brexit, Gibraltar can now apply EU equivalent legislation in terms of tax transparency and the fight against money laundering.

As one of the world’s premier jurisdictions for online gaming, with 35 licensed operators, Gibraltar continues to benefit from a cluster of big brand names choosing it as a low-tax operational hub: Stan James (Unibet), William Hill, 888Casino and the first iGaming company to base itself there, BetVictor. About 15% of Gibraltar’s 34,000 workforce is employed in the gaming industry.