The United Kingdom’s historic vote to leave the European Union has sent shockwaves throughout British and European politics, with warnings of a significant impact on an array of industries, including gambling.
Although UK-based gambling companies are not able to “passport” their services throughout the EU, European directives on anti-money laundering, data protection and payments do apply and are just a few examples of how EU membership has directly influenced the UK’s regulatory landscape.
Meanwhile, there are also question marks for Gibraltar, the British territory and prominent online licensing hub that will also see its relationship with Europe redrawn as a result of the “Brexit” referendum.
Insight & Analysis
Gibraltar's government is very unhappy about the prospect of a no-deal Brexit, but believes it already has headed off the potential "worst-case scenario" of several months of four-hour daily queues and shortages, according to its Chief Minister.
UK bookmaker bet365 has said it will expand its Malta base and scale back in Gibraltar, citing complications from Brexit.
Delays in the Brexit process, coupled with a landmark tax agreement signed in March between Spain and the UK, have eased border fears in...