Gibraltar government downplays Brexit impact on online gambling operators

Gibraltar’s gaming industry is putting on a brave face despite lingering questions over the British Overseas Territory’s future in a post-Brexit world.

The British public’s vote to leave the European Union has prompted much speculation regarding the fate of the couple dozen Gibraltar-based online betting firms that theoretically stand to lose access to EU markets and whose employees may lose their ability to freely travel to work from homes in neighboring Spain.

On Friday, Gibraltar’s Minister for Gaming Albert Isola (pictured) issued a statement saying the gaming sector “remains strongly committed to its Gibraltar operations.” Isola said the government had spoken to each Gibraltar-licensed operator to “assure them of our support and vision for this sector in the short, medium and long term.”

Isola also said that the Gibraltar government’s discussions with their UK counterparts suggested “there will be little or no change to the current arrangements for those who live and work in or travel to Gibraltar, and all the indications are that it really will be ‘business as usual’.”