New EU deal protects Gibraltar’s gambling industry, says trade minister
Summary
Nigel Feetham, the trade minister for Gibraltar, recently announced that a new agreement between the UK and the EU has safeguarded the territory’s gambling sector. This deal aims to alleviate concerns surrounding border checks with Spain, which could have endangered tax revenues and job stability in Gibraltar.
According to Feetham, this agreement is crucial for maintaining a vibrant economy and secure employment within the gambling industry of Gibraltar.
Key Points
- The new EU deal addresses potential border issues between Gibraltar and Spain.
- Nigel Feetham emphasises the importance of this agreement for job security in Gibraltar.
- The gambling industry is a significant contributor to Gibraltar’s tax revenue.
- The deal mitigates risks related to border checks that could disrupt operations.
Why should I read this?
If you’re interested in Gibraltar’s economic landscape, this article provides key insights into how international agreements impact specific industries. Understanding the implications of this deal can help gauge future developments in the gambling sector and its contributions to Gibraltar’s economy. Save yourself some time reading through the details; we’ve got you covered!