In order to escape GamStop ban or other imposed restrictions from jurisdictions, punters find their safe place in offshore gambling regulators having way less restriction in spite of being a completely legitimate source. Oftentimes operators in order to pay fewer taxes and continue their business with limited investment, seek offshore gambling jurisdictions because the annual fee for these authorities is way too less compared to the others. Some of the popular options are mentioned below for punters to choose according to what suits their purpose before opting for a specific operator.
Malta Gaming Authority
Malta is a state belonging to the European Union and the license offered by this jurisdiction functions under the name of Malta Gaming Authority. It is one of the most popular overseas gambling licensing jurisdictions and has been under operation since the year 2000. Apart from providing lawful operation to some of the most popular operators online, it enjoys such a high status mostly because of being surrounded by reputed software developers, excellent game developers, and for their constant efforts to stay top-notch throughout. Constant alterations and improvements are made to stay relevant and remain at the top of the game. The regulators know providing the best services with staying cost-effective will make them unbeatable with respect to the competitors. Apart from that, fiscal advantages of being under licensing authority that is a part of the European Union are enjoyed by the licensees.
Curacao eGaming
Operating under the name Curacao eGaming Authority, the jurisdiction of Curacao has been operating since the year 1996 and is considered among one of the most prestigious and primitive license providers of the offshore licensing industry. The name is not just confined within the reputation of popularity but also this jurisdiction is considered to be one of the most reliable sources for both the operators and the customers. Curacao eGaming Authority has mostly known for its cost-effective yet reliable services. The charges are as low as 4% annually on the gross profit for the entire year. Many UK gamblers found offshore casino sites at NonStopCasino reliable and secure. They are very strict about their anti-money laundering legislation that is imposed upon them and hence, operators are subjected to abide by policies made according to these laws. No taxes are imposed on bets and no extra VAT charges are imposed.
Isle of Man
As a very well-regulated licensing authority, the Isle of Man legislation maintains high standards making it a revered option among licensing authorities. It is most favourable for eCommerce businesses because of the benefits provided by the operator specifically to them. The sturdy infrastructure makes the Isle of Man Gambling Supervision Commission capable of looking over both land-based and online casinos inviting players from all over the world including the UK. The main policies include lawful gaming, protecting gamblers below the age of 18, fairness of their service provided to the operators as well as customers. They assure people of complete security of the identity information as they demand complete transparency from operators too to judge their credibility. These operators are subjected to proving the authorities of their maintenance of fair business and ample amount of resources to pay off the winners.
Gibraltar
Under the division of gaming, the Gaming Authority of Gibraltar provides operators with licenses to operate lawfully. They are mostly gaining the crowd of the operators due to the cheap rates. The Gibraltar authority is not very adept in handling dispute situations and issues related to customer interactions with the operator and hence lacks the reputation that is held by the rest of the above-mentioned names, but this does not mean the operators are any less popular among punters. The famous operators like William Hill and Ladbrokes fall under the ones that are licensed by Gibraltar Financial Services and Gaming. The operators enjoy a legitimate status but before dealing with this licensing authority, one should remember clearly that in dispute resolution purposes it is mostly upon the operators than the license provider to solve it.
Conclusion
These listed names are some of the highest-rated offshore gambling providers in the online gambling industry. One can select operators according to which license provider meets their convenience. Each of them comes with a set of pros and cons so personal research before indulging in one is advised to the punters.
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