Offshore Gambling licensing

Despite fraudulent reports, almost all offshore gambling concerns operate under legitimate licenses. The licenses are granted by only a handful of countries, and all have different conditions attached. One licensing condition for offshore gambling concerns is universal though, as all offshore gambling companies must pay taxes. Depending on where they're located, these taxes can be quite steep. In general offshore gambling concerns licensed in Australia and the Isle of Man pay higher taxes, are more stringently regulated, and are more reputable. Reputable offshore gambling outfits also operate from Antigua, whose economy depends heavily on the revenue from these licensed operators.