New EU Deal Protects Gibraltar’s Gambling Industry

New EU Deal Protects Gibraltar’s Gambling Industry

Summary

Gibraltar’s gambling sector can breathe a sigh of relief as a new EU deal reportedly safeguards the industry. Trade Minister Nigel Feetham stated that without a resolution over Gibraltar-Spain border checks, both jobs and tax revenue would be under threat.

Source: EGR Intel

Key Points

  • The new EU deal is crucial for the sustainability of Gibraltar’s gambling industry.
  • Trade Minister Nigel Feetham emphasised the importance of border-check agreements to protect jobs and tax revenues.
  • Failure to secure this deal could have jeopardised financial stability in the region.
  • The agreement is a pivotal move following Brexit, reshaping the relationship between Gibraltar, Spain, and the EU.
  • It reflects ongoing efforts to adapt to post-Brexit economic realities.

Why should I read this?

If you’re interested in the gaming industry or Gibraltar’s economic climate, this article is a must-read! The new EU deal could have major implications for job security and taxation in the region. Don’t miss out on how these developments could affect the landscape of online gambling in Europe!