New EU deal protects Gibraltar’s gambling industry, says trade minister – EGR Intel
Summary
The recent agreement between the UK and the EU has safeguarded Gibraltar’s gambling industry, according to trade minister Nigel Feetham. He emphasised that without this deal, there could have been significant risks to tax revenue and jobs due to border checks between Gibraltar and Spain.
Key Points
- New EU deal secures the future of Gibraltar’s gambling sector.
- Trade minister Nigel Feetham warns of risks to jobs and tax revenue without the agreement.
- The deal helps maintain smooth border operations between Gibraltar and Spain.
- It underscores the importance of international cooperation in the gambling industry.
- Gibraltar remains a pivotal hub for online gambling operations in Europe.
Why should I read this?
If you’re involved or interested in the gambling sector, this article is a must-read! It highlights a crucial agreement that impacts jobs and revenue in Gibraltar, a key player in the online gambling scene. This deal not only stabilises the local industry but also sets a precedent for future EU-UK relations. Don’t miss out on the details!