Hassans’ industry-leading team of online gaming and gambling lawyers has been at the forefront of the development of the industry from its inception in the early 1990’s. Since that time, Hassans has assisted countless clients in respect of the various components of the industry (B2C, B2B, etc) in relation to licensing applications, ongoing regulatory compliance, as well as in respect of all corporate and commercial matters arising from activity in this space.
History of remote/online gaming and gambling in Gibraltar
Gibraltar is one of the world’s leading jurisdictions in the online gaming industry and a globally recognised innovator in this field. This reputation is thanks, in no small part, to the pioneering work of the lawyers at Hassans.
Our firm was the first to recognise the massive potential of this industry early on, when online gaming was very much a new and unregulated sector. Thanks to our firm’s foresight, however, and working in close cooperation with Her Majesty’s Government of Gibraltar, we helped to lay the regulatory framework on which Gibraltar’s gaming industry was built, serving as a blueprint for other jurisdictions worldwide.
Our Senior Partner, James Levy CBE QC, procured the very first remote gaming license in Gibraltar for Ladbrokes (now a brand owned by GVC), the first of many gaming companies to set up operations on the Rock. Today a large majority of the world’s leading brands in online gaming, both gaming operators and software providers, either have their headquarters, or at least have a significant local presence, in Gibraltar.
In addition, the jurisdiction continues to serve as a major incubator for start-ups within the online gaming sector with a deep, readily accessible pool of industry-specific talent, which includes developers, marketers as well as the industry-veteran legal experts at Hassans.
Hassans has been a key driver of the online gaming industry in Gibraltar since its inception and we continue to advise many of the world’s largest, industry-leading gaming operators. Our specialist gaming team can successfully guide you through the Gibraltar gaming licence application process, while also advising on a diverse range of issues including tax, insurance, banking, mergers and acquisitions, data protection and employment matters.
Peter Montegriffo QC is the only Gibraltar gaming lawyer to be ranked in Chambers and Partners’ Gaming & Gambling in Global-wide rankings as a Band 1 lawyer.
Taxation of Gibraltar-licensed gaming companies
Gibraltar offers an attractive tax environment from which gaming companies can operate. With corporate tax set at a flat rate of 10% and a capped level of Gaming tax (minimum payable: £85,000 -capped to £425,000 per year) Gibraltar is also outside VAT and offers significant advantages to operators as a result. Click the link to read more about Tax in Gibraltar
Technology, Telecoms and Media
Gibraltar’s robust communications infrastructure, business-friendly government, competitive taxation and highly skilled workforce are just some of the reasons why the jurisdiction plays host to a number of other key businesses in the technology, telecoms and media sector, both locally and internationally. The jurisdiction also enjoys a thriving start-up culture as well as close connections to other key start-up hubs in the US, UK, Europe, Israel and Asia.
Once again, Hassans’ experience in these matters comes from its long history in helping tech businesses get established on the Rock. Our firm offers a comprehensive client service allowing you to take full advantage of our unparalleled local expertise, coupled with our experience working across numerous jurisdictions worldwide. Contact us today to find out more.
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