The Gibraltar Licensing Authority
Gibraltar has been in the business of online gambling licensing since 1998. Its jurisdiction extends to online casinos, online betting exchanges and online bookmakers. For an online gambling license The Gibraltar Licensing Authority charges no start-up licensing fees, but there is an annual fee of £ 2,000. Initially the tax rate for online gaming operations was 1% of turnover, with the gaming tax capped at €500,000 per year but from 2011 the tax rate was raised to 10%.