Published
OnlineLegal & RegulatoryIndustryFeature

Gibraltar Government: Brexit provides opportunity for growth

Andrew Lyman, Executive Director of HM Government of Gibraltar – Gambling Division, believes that rather than damaging Gibraltar’s gambling industry, Brexit will allow the jurisdiction to grow as a UK-facing hub.

Gibraltarskyview

Brexit has been a cause of uncertainty for Gibraltar's market for some time, with particular concern over border fluidity for its Spanish-accommodated workforce.

Speaking with Gambling Insider however, Lyman explains steps have been taken to address this issue.

He says: "I know the Government of Gibraltar is focused on working with the Spanish authorities to ensure those cross-border flows sustain.

"I cannot see any issues regarding sustained border closure, but there is bureaucracy to work through and there will be teething problems which will settle down after the transition period."

Lyman is certain Brexit will cause a shrinking of EU business conducted from Gibraltar, but he suggests "with change comes opportunity."

He says: “There is a strong opportunity for Gibraltar to consolidate as a UK-facing hub. In many respects, Gibraltar and Malta won’t be in the same market.

"Malta will be effectively an EU-facing hub, whereas Gibraltar will sustain and grow as a UK-facing hub.

"Operators who are UK-facing and based in Malta can’t assume the UK market will remain open to them after the transition period."

Our full Jurisdictions roundtable will appear in the Mar/Apr edition of Gambling Insider magazine. Click here to read when available.

Premium+ Connections
Premium

PIN-UP Partners

 
Premium

1xBet Partners

 
Premium

Galaxsys

 
 
Premium

RISK

 
Premium

Sport Generate

 
Premium

Digitain

 
Premium

Revsharks

 
Premium

GammaStack

 
Premium

Lynon

 
Premium

Imagine Live

 
Premium Connections
Consultancy

SCCG Management

Executive Profiles
Zeal Network SE

Stefan Tweraser

VIP Play

Les Ottolenghi

Scientific Games

Keshav Pitani

Social & App

Spribe CEO exclusive: Simplicity is the foundation

Spribe CEO David Natroshvili speaks to Gambling Insider abou...

Redefining iGaming: A history of crash games

Crash games is a growing vertical that has taken gambling by...

A certain something: What makes crash games special?

Crash games. They’re simple, they’re easy to learn and,...

Smarter innovation to shape the future

Spribe CCO Giorgi Tsutskiridze discusses the past, present a...

Facing Facts: The corner of quarterly contemplation

With Q1 reports out across the industry, Gambling Insider co...

Taking Stock: A guide to key stock prices across the industry

Gambling Insider tracks prices from some of the industry’s...

15 years of Gambling Insider: From the Founders

Over the last 15 years, Gambling Insider magazine has interv...

15 years of Gambling Insider: The Awards over time

Global Gaming Awards Event Manager Mariya Savova gives us he...