Casino News: Promising Future In Gibraltar For Online Gaming.

In spite of being a self-governing small territory, with its close ties to Britain, Gibraltar has built a reputation as the capital of online gambling.

There are now over fifteen online casino gambling firms based in Gibraltar. The offshore gambling business only began in 1989 in this territory. The firms had since then employed a whooping One thousand eight hundred people. This no is more than Twelve percent of the country’s work force. Most of them are listed in the prestigious London stock market.

“Gibraltar is a minute speck on the globe. But when it comes to online gambling, it is probably the most important jurisdiction in the world.” These words were uttered by none other than Mr. Freddie Ballester, representative of Gibraltar’s Betting and Gaming Association.

A single statistics sums up all! To fill up the vacancies in the online gaming industry in Gibraltar, more than seventy five percent of casino gambling firm workers have come from other countries!

As Mr. John Anderson, CEO of 888.com has rightly said, 'The Gibraltar government wants us here and it makes it very attractive, so I can't see the online casino gambling industry moving”.

He also adds that 'They have a government that understands the needs of business and the tax situation means we can return more to our shareholders.'