Thursday, March 30, 2023

Tag: Gibraltar

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.

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...

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..

Gamesys launches Virgin Bet sportsbook with SBTech

Gamesys launches Virgin Bet
Gamesys is hoping to shake up the UK market with a new sportsbook product, Virgin Bet, backed by one of the world’s best known brands, and powered by..

Regulation and Brexit key discussion points at KPMG Gibraltar summit

KPMG Gibraltar eSummit
The KPMG Gibraltar eSummit 2019 set its sights firmly on the future, with the 9 May event focusing on the opportunities ahead for the territory’s eGaming..

Bet365 confirms Malta expansion

Bet365 has confirmed that it will be moving certain Gibraltar operations to Malta, citing market uncertainty caused by the ongoing Brexit impasse. A report from the Gibraltar Broadcasting Corporation revealed that a staff were updated in a meeting held 23 May. Bet365 bosses said that due to "strategic and contingency plans to ensure EU market access and to maintain and enhance operational...

KPMG eSummit heralds a new era for gaming in Gibraltar

With its sights set firmly on the future, this year’s KPMG Gibraltar eSummit will be held at the Sunborn Hotel on Thursday 9 May with a focus on the opportunities ahead for Gibraltar’s successful eGaming and technology sectors. The eSummit, the ninth to be held in Gibraltar, draws together key movers and shakers in the eGaming industry and is...

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

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,

Malta positions itself as Gibraltar’s prime alternative

A boost in interest in licences suggests that Malta has become the number one choice for operators looking to remain in the European market.
It’s fair to say that the past year hasn’t been the easiest for Gibraltar, from the looming threat of Brexit to the recent ECJ judgement that the jurisdiction must pay higher taxes to the United Kingdom. But in Malta, a boost in interest in licences suggests that the region has become the number one choice for operators looking to...

Gibraltar’s tax challenge comes to a close

Betting Business - Gibraltar Brexit Girls Gibraltar's
Gibraltar's attempt to escape a UK tax on offshore betting fell at the final hurdle on Tuesday 13 March, as the EU’s top court ruled ‘the Rock’ could not be considered a separate entity for tax purposes.   The European Court of Justice was called to make a final decision, after Gibraltar's Betting and Gaming Association (GBGA) argued at the UK’s...

KPMG in Gibraltar publish eSummit Report

BBi - KPGM eSummit
Following its latest eSummit in Gibraltar, KPMG has published their report online focusing on evolution and expansion in eGaming.   KPMG in Gibraltar has confirmed the release of its industry report which features a comprehensive overview of the recent eSummit. The group claims the report reflects on the key challenges and opportunities facing the industry at this pivotal time, in a climate...

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...

Gibraltar Licence is “great honour” for GAMEIOM

GAMEION has been granted a Gibraltar B2B licence to provide its games and third party content to regulated operators which the company’s CTO, Anthony Ellis, has claimed is a “great honour to receive”.   The Isle of Man-based GAMEIOM Technologies Ltd, has been granted a Gibraltar B2B licence to offer its slots, Real Sports virtual games and third party content to...

Yggdrasil is just the ticket for Gibraltar’s Lottoland

Betting Business, Yggdrasil, Gibraltar, Lottoland
Yggdrasil has become the first supplier to integrate directly into the fast-growing online lottery betting operator   Yggdrasil Gaming has signed a deal with Lottoland to integrate its full suite of video slots. Lottoland becomes the latest Gibraltar-based operator to take Yggdrasil’s portfolio following receipt of its Gibraltar licence earlier this year. Lottoland will also gain access to the supplier’s collection of in-game promotional tools as...

Isle of Man eGaming Summit Report is published

Betting Business KPMG report
KPMG release the latest report on their first eGaming summit held in the wake of the Brexit referendum.   “A stimulating, informative and an in-depth record of a dynamic day” is how Michael Tobin, CEO and Co-Founder of Continent 8 Technologies, described the publication of the report on the latest KPMG eGaming summit. Held earlier this year at the Villa Marina in...

Roxy Palace contributes to record H1 growth for 32Red

32Red, a global online casino operator, has recorded record net gaming revenues of £30.4m (€36.2m) for the first six months of the year, up 63 percent year-on-year.   In its post-close trading update, the company said the hike in revenues was the combined result of effective marketing spend for its organic business and revenues from its most recent acquisition, Roxy Palace. Roxy...

Gibraltar gaming sector takes a beating from Brexit

Brexit Gibraltar
The Rock of Gibraltar believes its future as a remote gaming hub is set in stone, in spite of the uncertainty of the Brexit vote. But although several operators in Gibraltar have re-affirmed their commitment to the region, some commentators are concerned about the potential fall-out.   Britain’s controversial vote to leave the European Union has sparked fears that the remote gambling...