Published
Industry

Paddy Power Betfair closes its Gibraltar offices

Book

PaddyPowerBetfair
maker Paddy Power Betfair is set to close down operations in Gibraltar and move location after consolidating its merger.

The restructure will see the company focus its business in its growing Malta hub, as it seeks to realign its operations by centralising core business divisions.

As a result, it will surrender its Gibraltar Government online gambling licenses inventory. The bookmaker did the same thing last year in the Isle of Man.

The company also confirmed that 20 Gibraltar employees will be offered relocation packages to work in either London or Dublin.

Paddy Power Betfair has commented that its departure from Gibraltar is in no way related to Brexit, although the Gibraltar Government also commented that “whatever Brexit may produce for Gibraltar, the government will adapt its licensing and regulatory arrangements to ensure we remain the premier remote gambling jurisdiction.”
Premium+ Connections
Premium
 
Premium
 
Premium
 
Premium
 
Premium
 
Premium
 
Premium
 
Premium
 
Premium
 
Premium
 
Premium
 
Premium
 
Premium
 
Premium
 
Premium
 
Premium
 
 
Premium
 
Premium Connections
Consultancy
Executive Profiles
Seminole Hard Rock Support Services
Seminole Hard Rock Support Services
Metropolitan Gaming
Holland Casino
Nederlandse Loterij
Follow Us

Facing Facts: Q1 2024 analysis from across the globe

Gambling Insider tracks the Q1 results of operators across t...

Taking Stock: A guide to sports betting operator and supplier prices

Gambling Insider tracks sports betting operator and supplier...

Tailor-made: The power of personalisation in the modern gaming industry

With insights from GR8 Tech, Greentube and the Oregon Lotter...

Sportradar and the Taiwan Sports Lottery: More offerings, greater efficiency

Danny Fok, VP of Strategic Projects at Sportradar, speaks al...