The offshore & online gambling industry is one of the biggest in the world. According to the recent data, its annual worth is around $60 billion with dozens of thousands of employees and hundreds of companies across the globe. Do you want to know what are the most popular locations for offshore gambling in 2021? Check the top-5 safest places for players and entrepreneurs to join online gambling.
Most popular locations for offshore gambling in 2021
We have recently ranked the best new gaming vendors in 2021. In this article, we will list the safest places to open an account if you want to join online gambling. Based on such factors as gambling friendliness, loyal taxation system, good workforce, and healthy business atmosphere, we have found 5 best locations for offshore gambling:
- The Isle of Man
- Antigua and Barbuda
Take a closer look at each location and why it is good for players and bettors looking for reliable online gambling companies.
Malta has one of the best reputations when it comes to online gambling companies. This small country is probably the most popular location for offshores. Gambling is regulated and licensed nationally in this country. Also, Malta itself is gambling-friendly in terms of laws, taxes, and overall impression. What adds it more points is that Malta is an EU-member state allowing people from all over Europe to gamble online.
According to the newest data, more than 250 gambling companies are in Malta. As of 2021, head offices of the following gambling firms are located there: Evolution Gaming, Unibet, Leo Vegas, Play’n Go, Betsson, and Betfair.
As you know, Jersey is a British Crown dependency and is not part of the UK. The latter helped this small island to become one of the most popular locations for offshore gambling. Thanks to its own loyal gambling laws and affordable license costs, Jersey attracts investors from all over Europe. Add to this its great location near continental Europe and the UK and a perfect place for betting offshore is here.
The Isle of Man
Another small island that belongs to Great Britain but not the United Kingdom is the Isle Of Man. This self-governing island also has its own gambling laws which allow it to be among the best places for offshores. It wasn’t affected by Brexit, which is another advantage for both entrepreneurs, their employees, and clients. The most famous firms having the Isle Of Man license are Yggdrazil, Playtech, Microgaming, and Pokerstars.
Surprisingly, Ireland is one of the most popular locations for offshore gambling. Although this island is relatively new on the list, the progress in its gambling industry is difficult to ignore.
Following the latest online casino news, Flutter Entertainment is the biggest company to be set in Ireland. It attracts gaming companies thanks to flexible and beneficial corporate tax rates especially if they employ Irish.
Antigua and Barbuda
Did you know that Antigua and Barbuda was the first country to allow offshore gambling? Since 1994, the island has been one of the best locations for gaming firms thanks to its location and experience. Although Antigua and Barbuda have recently tightened regulations concerning online betting and gambling, every business and its client can be sure of sites licensed in this Whitelisted country.