21 April 2021

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.

Related News

October 2021 News

Failure and Fault:
What NatWest’s £400m fine tells us about corporate liability for money laundering

John Binns, partner in the Financial Crime team at BCL Solicitors LLP. considers whether NatWest’s guilty plea last week to failures under the UK’s money-laundering regulations – but is it right to call this a ‘failure to prevent’ by the bank? 

October 2021 News

US Supreme Court: Discovery and the ZF Petition

Ryan Cable and Alex Cheah of Signature Litigation LLP consider whether the US Supreme Court may determine the availability of discovery in support of foreign private arbitrations

October 2021 News

SPACs: Next Stop Europe

The Maples Group examines the future potential of SPACs in Europe