Gibraltar and Malta are the two European states typically referred to as ‘tax haven’ for gambling, since there virtually no restrictions for relatively solid gambling businesses. Malta was the first country in 2000, settled the law on online gambling. Today this country issues licenses to dozens of online casinos, poker rooms, bookmakers, lottery, etc. Malta and Gibraltar’s popularity among the gaming companies is explainednot only by the absence of licensing drudgery, but also by more than democratic taxation and a savvy system to control the quality of services provided. Players also feel comfortable here, as the country’s reputation allows them to easily trust their money to companies that are licensed in Gibraltar and Malta. For the same reasons, a few countries are popular with gambling companies: Costa Rica, Atigua and Barbuda, Bermuda and the Antilles.
Yet there is another side of the coin. Thus, when selling licenses the Gibraltar Government hereby makes everything so that everything that happens in the world economy influences the economy of Gibraltar directly. After all, such a tight business relationship simply cannot work only in one direction. Offering the opportunity to pay low taxes, Gibraltar has attracted a lot of operators and providers from various countries of the world. They gladly made the choice in its favor mostly for the reasons depicted above. However, when the world of online casinos is stagnating, the Government of Gibraltar feels it with its skin, getting significantly less money on their taxes. The global financial crisis meant that people lost money. Naturally, the casino industry has temporarily lost its positions which resulted in online casinos income volumes decrease. And, of course, they could not pay the same amounts paid before. Gibraltar began to raise tax rates, but it has led to an outflow of customers and searching for the areas with more mild taxation.
Germany, France and Italy
These are three countries that are still not adopted legislation to regulate online gambling industry. At the same time, in these countries, the activities of various gambling are legal, even though the law requires changes because it is too controversial and debatable. Governments are trying every possible way to control the activity areas of gambling in the country, but because of the lame state legislation itself often gets into ridiculous situations. According to DGFEV.de, a prominent gambling statistics and reviews center running a website of the same name, the situation may change in 2015 with the introduction of a new regulating body. Check the online casino mit startguthaben list with casinos approved by DGFEV reviewers to make the most of your gambling experience
It is believed that in these countries the best conditions for the development of a gambling busines. In particular, this applies to England, where the population is incredibly interested in gambling and sports betting. The UK legislation on gambling works for the good of the state. By law, the gaming industry is controlled by many independent companies that allows fans making the most of the excitement complete peace of integrity and security of the game for the money, and it is absolutely unimportant, this ground school or online.