Depending on the type of gambling activity an operator is engaging in, they may, among others, apply for any one of the following licenses from the Gibraltar Regulatory Authority.
- Casino license
- Gaming machine license
- Bookmaker's license
- Lottery license
The GRA is known to be one of the most strict licensing authorities, especially in casino gaming. In fact, the body only licenses casinos in the "blue chip" category. What this simply means is that only well-known, big casino brands qualify to acquire the GRA license. Small casino brands find it challenging to make the cut.
All GRA-licensed casinos are required to have a massive sum of liquid cash to pay out winners. To determine how much money a casino should have, the body collects data about the establishment's revenue regularly. Non-compliance to GRA requirements may lead to license withdrawal. This should give Gibraltar players peace of mind.