Saturday, February 4, 2023

Tag: Brexit

Gibraltar bullish about post-Brexit prospects

Gibraltar brexit confidence
Gibraltar’s gambling commissioner has said he is confident that the island will remain a prominent gaming hub following the UK’s exit from the European Single Market and Customs Union at the start of next year.

New UK parliament to press on with gambling regulation

Boris Johnson Conservative election
Business has bounced in the wake of an emphatic election victory for the Conservative Party. For gambling companies this may be seen as the least-worst..

Gibraltar rather ‘walk’ from EU trade deal, than sever ties with UK

Gibraltar jurisdictions
After the Spanish Secretary of State assured Spain would have the “final say” on Gibraltar in any EU-UK trade talks...

MGA recommends “re-domiciliation” for post-Brexit UK business

MGA brexit business
The Malta Gaming Authority has reiterated its ruling that British-based operators must be “established in the European Economic Area” following Brexit, in..

No deal brexit bad for horse betting, says Flutter

brexit horse betting
Flutter CEO Peter Jackson gets glum on the prospects of a no-deal Brexit, which could make it harder for horses to travel between the UK, Ireland and..

Leaked government file claims Gibraltar will face major disruption in no-deal Brexit

leaked file disrupts Brexit deal
A leaked government document claims that commuting across the border from Spain to Gibraltar each day will become infeasible for several months after a..

EGBA in new push for European harmony

EGBA, Europe, brexit, eu
Only one of the EU’s 25 member states, Denmark, has introduced the Commission’s guidelines on consumer protection, says the EGBA, as it calls for greater regulatory harmony across the bloc. A City University London study, “Consumer protection in EU…

Clifton: More tightening on the cards for 2019

Clifton, brexit, uk gambling
2018 has been a transformative one for the UK’s gambling market, marked by a wave of new regulations, record fines, and and rising costs for operators. According to licensing expert David Clifton, firms can expect further restrictions in 2019

Gibraltar “no longer a problem” in Brexit negotiations

Concerns over the future of Gibraltar as an online gambling hub in the wake of Brexit have lessened after Pedro Sanchez confirmed it will remain a wholly-British overseas territory. The Spanish prime minister stated ongoing issues regarding

BHA warns of No Deal Brexit impact on thoroughbred transportation

horse racing
The British Horseracing Association has warned that a No Deal Brexit could pose a threat to the free movement of thoroughbreds through the UK, France and Ireland. The association’s corporate affairs manager, Ross Hamilton, warned that a poorly…

GBX holds soft launch for 300 trial investors

The Gibraltar Blockchain Exchange has announced the soft launch of its exchange and issuance platform, with the introduction of 300 retail account holders. The exchange, created following a funding process which saw $6m worth of newly created Rock…

Threat of Bet365 exit prompts online operator assurance from Gibraltar

A heavy investment in Malta by Bet365 has raised concerns for its Gibraltar headquarters, however the British Overseas Territory has maintained its online sector remains steady as a rock. Reports that Bet365 is preparing to cease operations in Gibraltar,

Peter Hannibal: Counting casualties from UK review

Peter Hannibal GBG department
Peter Hannibal, CEO of the Gambling Business Group in the UK, seeks any scraps of comfort as reputations are trashed in an internecine war. Isn’t it fabulous that at last we now all know the outcome of the DCMS’s Gambling Review. Whilst some are still inevitably...

Spain supports online market, considers own offshore jurisdiction

Spain bull run
2018 has already seen a flurry of activity from both the Spanish government and its regulator, aimed at raising its appeal to the igaming industry. A full year licensing window is now open, a potential betting tax cut is in the wings, and consultation has begun…

Brexit will hurt horse-racing, industry groups warn

iGaming Times Brexit Horse Racing
Twenty months after the referendum, the UK horse racing industry has issued its Brexit forecast, warning that falling EU migration will impact on the supply of horse grooms.    The warning was made in a joint submission to the Migration Advisory Committee (MAC) from the British Horseracing Authority, National Trainers Federation and Thoroughbred Breeders’ Association. There are currently 7,377 registered racing grooms...

Gibraltar igaming rocked by Brexit tensions

Betting Business - Gibraltar Brexit Girls Gibraltar's
In the first indication of just how nasty Brexit negotiations could yet become, a senior conservative alludes to all out war with Spain to protect independence in Gibraltar. Despite being caught in the crossfire, igaming on the rock remains largely unfazed.   Relations between the UK and Spain reached fever pitch over the last weekend in March leaving the future of...

Comment: What does Brexit really mean?

Betting Business UK Brexit
While Nigel Farage threatens to lead 100,000 anti-EU supporters down to the Supreme Court, Edward Lowton ponders whether forcing the Government to state its terms is the worst thing that could have happened. While the Brexiteers are planning to march on London to fight for the UK’s right to determine its own laws - ignoring the irony of this...

Britain’s AGCs confronted with looming MLD

Betting Business, EU Money Laundering
The Government will conclude a consultation on the implementation of the EU’s Fourth Money Laundering Directive this week which could have consequences for the UK’s gaming industry as a whole. Beware - the UK’s family run businesses will be facing more red tape and bureaucracy.   Despite the outcome of June’s Brexit referedum, the UK remains a full EU Member State...

Brexit: what now for UK gambling?

Betting Business, Brexit gambling Lorien Pilling
As the dust begins to settle after a stormy month in British politics, Lorien Pilling, director of Global Gaming and Betting Consultants (GBGC), assesses the potential consequences of the ‘Brexit’ vote for the UK’s booming gaming industry.   The referendum is over but the political and economic fallout is only just beginning. So what has happened in the weeks after the...

‘Brexit’ punters cause unprecedented traffic for the bookies

Brexit punters
On 23 June, a wave of punters rushed to compare odds - and eventually place their bets - on what will undoubtedly be one of the biggest political shake-ups in British history. Oddschecker’s resident political pundit Guy Harding examines the biggest winners and losers.   In terms of page views Thursday 23 June was huge for Oddschecker - commanding more than...