Offshore casinos: jurisdictions, operators, and the regulatory landscape.
A reference on offshore iGaming. We document the licensing jurisdictions, the operators inside them, and the regulatory developments shaping the sector — for journalists, researchers, operators, and players who need factual information about how the market works.
Fig 01 · Offshore licensing jurisdictions connected by global iGaming network
The term has shifted. Before 2024, "offshore" generally meant a casino operating under a Curaçao master-license, often targeting markets where the operator held no local permission. Post the 2024 reforms — and the parallel rise of Anjouan and Tobique as alternative jurisdictions — the term now covers a more deliberately structured class of operator.
Today's offshore casino is typically licensed in one of five jurisdictions: Curaçao, Anjouan, Costa Rica, Kahnawake, or Tobique. It implements GEO-IP blocking to comply with restricted-jurisdiction requirements. And it operates across borders under one consolidated license covering casino, sportsbook, and live dealer products.
Definition
An offshore casino is an online gambling operator licensed by a jurisdiction outside its primary target markets, deliberately structured to operate across borders under one consolidated license.
For operators, this structure delivers cost-efficiency and product breadth under one license. For regulators in the licensing jurisdiction, it generates fee revenue. For players, it provides access to product sets that may not be available in their local regulated market, alongside different consumer-protection arrangements than those local markets typically offer.
Offshore iGaming: market context
Selected published estimates of offshore and onshore gambling activity
US offshore sports betting handle
2024 (estimated)$163 billion
Germany — share of revenue from offshore market
2024 (onshore share)40%
2025 (projected onshore share)36%
Canada — annual online gambling activity
2025 (estimated)$9.5 billion
Global offshore sportsbook handle (selected estimates)
Annual handle, 2025$20–30 billion
Sources: Citizens JMP (US offshore handle, March 2025); H2 Gambling Capital (Germany onshore/offshore share, 2024–2025 estimates); Blask (Canada online gambling activity, 2025); industry analysis synthesizing operator filings and research, iGamingToday (2025).
The rest of this page covers each of these aspects in turn: the major jurisdictions and what distinguishes them, the operator-side framework, what players should look for when evaluating an offshore casino, and how the regulatory landscape has shifted since 2024.