Spain wants a share of the Gibraltar online gambling

4 December 2010 – By Jane Spiegel

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Gibraltar is one of the most important countries in the world where online casinos can be licensed under a recognized gambling jurisdiction. Being one of the few licensing countries in the world, Gibraltar’s economy has internet gambling as the primary source of income through taxation and administrative fees. Gibraltar’s communication to Europe runs across the city of La Linea and the rest of Spain, and for this reason the mayor of La Linea wants a share of the pie.

In Spain there are 37 internet gambling companies providing services for players. But just 5 of these companies control around 86 percent of the entire online casinos and internet gambling industry in the country. Most of Europe’s internet gambling companies is licensed by the jurisdictions of offshore sites like Malta and Gibraltar. Other licensing countries are Antigua and Barbuda or the Isle of Man.

Thus, the Mayor of La Linea thinks that if the technology that makes the operation of online casinos in Europe possible is distributed and concentrated through the territory of La Linea, Spain should benefit from the profits of Gibraltar.

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