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Gibraltar's gaming firms are building their brands offline At the head office of PartyGaming, "Wanted" posters call on staff to recruit their "smart and intelligent" friends to join the firm. Competition for staff is rife in Gibraltar, which has become something of an online gambling capital. The territory's offshore gambling business began in By the s, the likes of Victor Chandler and Ladbrokes began taking sports wagers over the phone or by fax, offering lower tax on winnings than the high street bookies could offer.
But it is online gaming - driven largely by casino games and especially poker - which has taken things to a new level, turning over hundreds of millions of pounds every year. The doors aren't shut and bolted, but nor are they wide open Freddie Ballester Gibraltar Betting and Gaming Association "Gibraltar is a minute speck on the globe," says Freddie Ballester of the territory's Betting and Gaming Association.
But it is no secret that low taxes levied by the Gibraltar government are the biggest incentive. If someone is playing badly we'll tell them. That's not because I'm Joan of Arc. It's because in the long run I'll make more money John Anderson Many of them are found in the Europort Building 7 - seven floors of unassuming open-plan offices built on reclaimed land to the east of the imposing Rock of Gibraltar.
On the ground floor is But it is not just the gaming firms poaching one another's people. Other industries say they are being hit too. Poker has been the real draw card for new online gamblers "We are losing a lot of our best people to online gaming," a partner at a senior accountancy group told BBC News.
We can't afford to match the salary packages they are offering them. An influx of workers has added to the strain on affordable housing in the territory, while companies squeeze into office space. The practicalities of housing gaming firms is one reason why there are unlikely to be more setting up here in the near future. In June, culture minister Richard Caborn visited Gibraltar, ostensibly to see how the companies were run.