Different nations are allowed a lot of autonomy in this area. Nations like the UK operate on a license-based framework, allowing quite a lot of freedom.
With little to worry about licensing, it must be said however, that there are risks when it comes to Brexit that could affect UK and Gibraltar registered gambling companies.
The current uncertainty means that if the UK leaves, it will be harder for operators to assert their rights as businesses.
So it is important for businesses to watch developments in that area closely, in order to react to any potential change. European cross-border co-operation in online gaming legislation is another aspect that might change, but not necessarily a great deal.
Articles 49 and 56 of the TFEU Treaty of the Functioning of the EU allow freedoms and protections for the consumer, including important issues like preventing gambling addiction.
The UK and Gibraltar will likely leave this treaty following Brexit, however these rights are also similarly decreed by organisations like the World Trade Organisation, which has no connection to the EU, therefore it is unlikely that legislation that prevents crimes like money laundering, will be affected.
For the time being, since a full Brexit is not expected until at least , it is important for online gambling businesses to be up to date to any changes in legislation.
Although, because a lot of legislation is not directly tied to the EU, do not expect a large reform and change to the gaming sector post-Brexit.
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In the wake of that brief flurry of excitement, people in all quarters of the industry have been biting their nails as Brexit has started to bite and their position has become less uncertain.
Exactly what Brexit will mean for British gambling depends very much upon who you ask and what you ask them about.
Cherry-picking from Europe and its economic area is normal business practice for plugging gaps in the talent pool, especially for experienced programmers.
These positions are notoriously difficult to fill in the industry. But if things look good on the legal front, there are other areas so grey as to resemble charcoal.
Not only that but Picardo is painfully aware of the unique problems Gibraltar faces as a British Overseas Territory.
In the wake of such remarks, one can sympathise with the itchy feet that Gibraltar residents such as Holdings have begun to experience.
All of this means that bookmakers, online casino operators and their suppliers could soon be packing their bags. Take the online casino scene which has been enjoying a boom period these past five years — while Jack Prior at onlinecasinoprofiles.
Little wonder the big names in the British online casino world appear to be keeping their opinions to themselves for now.
The British racing scene also has its share of concerns. Once Brexit has been achieved, the EU state-aid restrictions will no longer apply.
The lawyers have always felt that they did rather better out of decisions in the European Court of Justice than at home in the UK.
Once Brexit has been achieved, the EU state-aid restrictions will no longer apply. The lawyers have always felt that they did rather better out of decisions in the European Court of Justice than at home in the UK.
From Spectrum Gaming Group CEO Rob Geller stressing that the industry should adapt to new conditions and the negative climate in terms of scaling to Caesars EMEA managing director Mike Rothwell weighing up potential difficulties in employee movement — the upshot was that, when it comes to Brexit, the only thing that is certain is that nothing is certain.
And speaking of Theresa May, the situation confronting the gambling industry became that much more complicated when the Prime Minister announced that a snap general election is to take place on Thursday 8 th June.
Quite why Prime Minster May had decided upon this course of action has been debated in editorial columns and public houses the length and breadth of the country.
However, former Labour Foreign Secretary David Milliband is in no doubt over why the PM has chosen to go to the polls at this particularly time:.
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