New EU Deal Protects Gibraltar’s Gambling Industry, Says Trade Minister
Summary
The recent EU deal is set to safeguard Gibraltar’s gambling sector, according to Trade Minister Nigel Feetham. He highlights the importance of the agreement regarding Gibraltar-Spain border checks, stating that without it, jobs and tax revenues could have faced significant threats.
Key Points
- Nigel Feetham emphasises the vital role of the new EU deal in protecting jobs and tax revenues for Gibraltar’s gambling industry.
- The agreement specifically addresses border checks between Gibraltar and Spain.
- Without this deal, there was a risk that the local gambling sector could suffer severe setbacks.
- The deal is part of broader negotiations between the UK and the EU following Brexit.
- Maintaining a strong gambling sector in Gibraltar is seen as crucial for economic stability in the region.
Why should I read this?
If you’re interested in the ongoing implications of Brexit, especially how it affects niche sectors like gambling, this article is a must-read. It’s not just about legalities—it’s about the livelihoods and economies that rely on these agreements. Plus, Nigel Feetham’s insights shine a light on potential risks that could affect a booming industry.