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ARTICLE · 03 MAY 2011

Gibraltar Gambling – The Future is Green

Hassans
Hassans
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Hassans

Hassans

Hassans was founded in 1939 and is the largest firm in Gibraltar. It is one of the world’s foremost...

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A little over 10 years ago, the remote gambling industry was a relatively unknown sector in Gibraltar.

GibraltarWealth Management

A little over 10 years ago, the remote gambling industry was a relatively unknown sector in Gibraltar. Granted – we had already witnessed the arrival of Victor Chandler and Ladbrokes undertaking telephonic betting from the jurisdiction but this activity was relatively contained. This was the time of the dot.com debacle. Entrepreneurs were looking at alternative business propositions, albeit, using the medium that had grown so popular during this time, the internet. At this juncture, however, only a very few recognised the exceptional possibilities that the internet offered in relation to one of the oldest forms of entertainment, gambling.

Indeed, perhaps no one could have anticipated the accelerated growth of this sector over the last decade. It, however, became increasingly apparent in Gibraltar that the unique features of this jurisdiction could provide an excellent base from which business could expand into mainstream economic models, especially as a precursor to

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