New EU deal protects Gibraltar’s gambling industry, says trade minister
Summary
Gibraltar’s trade minister, Nigel Feetham, has declared that the new EU agreement safeguards the territory’s gambling sector. He noted that without this accord on border checks between Gibraltar and Spain, significant tax revenue and job security would have been jeopardised.
Key Points
- The EU deal is critical in maintaining Gibraltar’s vital gambling industry.
- Tax revenues and local employment were at risk without this agreement.
- Trade Minister Nigel Feetham emphasises the significance of the border checks agreement with Spain.
- The deal aims to ensure seamless operations for gambling businesses in Gibraltar.
- This agreement reflects ongoing efforts to foster positive relations between the UK and EU regarding Gibraltar.
Why should I read this?
If you have a finger on the pulse of the gambling industry or are interested in Gibraltar’s economy, this article is a must-read! The new EU deal is a game-changer that impacts not just local businesses but also the cross-border relations between Gibraltar and Spain. Don’t miss out on understanding how this could affect the future of gambling in the region!