Gibraltar Will Adapt To Remain Top iGaming Jurisdiction (Update)

Government vows licensing and regulatory arrangements will be adapted to remain premier remote gambling jurisdiction

The Gibraltar Government, reacting to speculation on the reasons for Paddy Power Betfair’s (PPB) relocation of its office from the Rock (see previous InfoPowa report), said it would adapt to ensure its leading position as an iGaming jurisdiction amid conjecture that the bookmaker’s move was fueled by Britain’s impending exit from the European Union (BREXIT).

PPB cited post-merger consolidation and cost saving synergies as the reason for the move in which it would offer existing Gibraltar employees relocation opportunities.

“Whatever Brexit may produce for Gibraltar, government will adapt its licensing and regulatory arrangements to ensure we remain the premier remote gambling jurisdiction,” the government said in a statement.

“Gibraltar remains the premier and first choice jurisdiction for the biggest and best operators in this industry,” the government concluded.

Online gambling and financial services represent 40 percent of Gibraltar’s GDP.

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Brian Cullingworth

Brian Cullingworth

Infopowa news was a staple of Casinomeister’s news from 2000 until 2019. Brian Cullingworth was the main writer, contributor, and was one of the most knowledgeable persons I have ever known involved in the online casino industry.

We first met in January 2001 at the ICE in London where I observed him going booth to booth interviewing online casino, software, and licensing jurisdiction representatives. Brian was also heavily involved with our forum as “Jetset“, he was involved as an informal consultant to eCOGRA, the OPA, and was a player advocate who assisted countless aggrieved players with his connections to industry folks. He also published “Casino Cautions” via Infopowa news for quite a number of years. These can be found in our news archives.

His passing in February 2019 was a dark day for us. He will be forever missed.

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