Gibraltar’s licensing commission is known as the Gibraltar Regulatory Authority, and they came into being with the passing of the Gambling Act of 2005. This creates a fully regulated online gambling industry, with any operator based anywhere in the world, permitted to apply for and potentially to obtain a Gibraltar issued license.
The gambling authority in Gibraltar has produced a set of guidelines and rules by which any operator holding one of their licenses must adhere to. Failing to do so will see fines handed out or even licenses revoked. These sets of laws require casinos to offer fair and transparent gaming, and only to players who are over the legal age in their country and aren’t potentially vulnerable or problem gamers. The regulations also ensure that an online casino and operator is squeaky clean in terms of how it goes about its business.
Aims and Objectives
The GRA (Gibraltar Regulatory Authority) is a touch less stringent than the UK and Maltese licensing jurisdictions in terms of what it expects from casinos, but it still very much a keen enforcer of the rules.
The main aims of Gibraltar’s gambling commission are to ensure that operators with their licenses identify and help problem gamers, have anti-money laundering process in place, have restrictions and perform verification checks on players’ ages and locations. They also require any casinos with their licenses to ensure that their games are fair, that players are paid out their winnings, and that bonuses and promotions are transparent.
Why Casinos with Gibraltar Licenses are Good for Players in India
In their many years of offering gambling licenses to online casinos, the Gibraltar Regulatory Authority has won the respect of players across the world. They have consistently maintained high standards, and any Indian player who chooses to play at a GRA licensed casino knows that they are entering a safe and fair environment to play. Many top casinos, like Bet365 or 888Casino, which accept players based in India will feature this license. Indian players can rightly view those sites as just as good as those UK or Maltese licensed domains, and considerably more regulated than Curacao licensed sites.