New EU deal protects Gibraltar’s gambling industry, says trade minister
Summary
Gibraltar’s gambling industry has received a significant boost thanks to a new EU deal. Trade Minister Nigel Feetham stated that without an agreement regarding Gibraltar-Spain border checks, tax revenue and employment could have faced serious threats. This deal aims to ensure the stability of Gibraltar’s gambling sector and its economic contributions.
Key Points
- The new EU deal is crucial for protecting Gibraltar’s gambling industry.
- It addresses potential risks related to border checks between Gibraltar and Spain.
- Without the agreement, jobs and tax revenue in Gibraltar could have been jeopardised.
- Trade Minister Nigel Feetham highlighted the importance of this deal for economic stability.
Why should I read this?
If you’re interested in the gambling landscape or economic policies in Gibraltar, this article sheds light on a pivotal development that safeguards local jobs and revenue. It shows how international agreements can directly impact industry stability—handy info if you’re involved or just curious about these changes!