New EU deal protects Gibraltar’s gambling industry, says trade minister
Summary
Nigel Feetham, Gibraltar’s trade minister, has announced that a recent agreement between the UK and EU has secured the future of Gibraltar’s gambling industry. The deal specifically addresses concerns that unresolved border checks between Gibraltar and Spain could threaten tax revenue and local employment.
Key Points
- Agreement reached to protect Gibraltar’s gambling industry within the context of EU negotiations.
- Concerns over potential job losses and tax revenue declines triggered the importance of this deal.
- Trade Minister Nigel Feetham emphasises the significance of stable border checks between Gibraltar and Spain.
Why should I read this?
If you’re interested in the future of Gibraltar’s gambling scene or the broader implications of EU agreements, this article is a must-read. The stakes are high, and this deal could set important precedents for how international gambling regulations will work post-Brexit.