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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.

Most of the issues with Brexit that concern online gaming legislation are procedural, and should be solved. Gibraltar , barring a miracle, will be leaving the EU.

One potential problem with the situation is the freedom of movement for those in Spain who work in the gaming industry, and commute to Gibraltar daily.

This is likely, however, to be agreed with the British and the Spanish governments, on a separate arrangement and timescale to Brexit.

But what about actual legislation? The current legal framework concerning gaming in the EU is fairly loose. 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.

One potential problem with the situation is the freedom of movement for those in Spain who work in the gaming industry, and commute to Gibraltar daily.

This is likely, however, to be agreed with the British and the Spanish governments, on a separate arrangement and timescale to Brexit. But what about actual legislation?

The current legal framework concerning gaming in the EU is fairly loose. 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.

Want to try an online casino? We can say that the birthplace of online gambling is the UK. It's actually here that Microgaming started the first completely functional online gambling site.

This happened in Many people believe that it's the place where online gambling turned into a successful and famous industry.

Some of the world biggest gaming companies are based in the UK. A study done in shows that online gambling is one of the largest sectors in Great Britain.

Regarding Brexit, there are two options that may happen. From one hand legislators and businesses might have to adjust their systems and law organization.

Suitable amendments may be implemented in the rules and regulations. From the other hand, a clean break could happen leading to global uncertainty and eventual disaster.

Legislators and businessmen would have not enough time to plan what should be their next steps. It is clear that there is a complete uncertainty in connection with Brexit.

British Gambling Industry should find different options and ensure the bases for sureness in this area, no matter what the outcome might be.

Nowadays online gambling has grown rapidly and the industry has been booming. For the optimists Brexit is a new alternative filled with loads of opportunities and the pessimists think that this is the end of the British gambling industry.

Legislators and businessmen should be realistic and work hard to create a strategy for the best outcome.

View the discussion thread. Tuesday, August 29, - Brexit alternatives Regarding Brexit, there are two options that may happen. What is happening now?

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Brexit Casino Rückzahlung Video

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