Tag Archives: gibraltar

The Government of Gibraltar has begun its search for a new Head of Gambling Regulation following the resignation of Phill Brear from the executive position. Last Friday industry news source EGR Magazine reported that Brear had stepped down from the executive role serving the British Overseas Territory. Brear has served the combined roles of Gibraltar Gambling Commissioner and Head of …

Industry specialist recruitment and executive search firm Pentasia, has confirmed that it will open its new European regional development office in Barcelona, Spain by autumn 2016. Confirming its relocation to Barcelona, Pentasia management stated that its Gibraltar staff would relocate to the new facility which will now serve as the recruitment firms main European hub. Pentasia Barcelona will focus on …

The Remote Gambling Association (RGA) has announced that it has retained the services of KPMG to undertake a scoping study which will shape the development of the National Online Self-Exclusion Scheme (NOSES), and to advise the RGA during its implementation process. The aim of NOSES, which should be in place by the end of 2017, is to provide consumers with …

Online lottery broker Lottoland has confirmed the appointment of Elicia Bravo Garcia as its new Chief Strategy Officer (CSO). Bravo Garcia joins the Gibraltar-based lottery operator from leading multinational law firm Linklaters, where she served as a Managing Associate (2011- 2016) specialising in debt financing, securities, liability management and tender/bid procedures. Reporting directly to Lottoland governance, Bravo Garcia will develop …

New UK Prime Minister Theresa May has appointed Karen Bradley as the new Secretary of Culture, Media & Sport replacing John Whittingdale who will no longer hold a Conservative Party cabinet position. Bradley, the former Home Office minister has been described as a ‘May Loyalist’, and will now lead the Department for Culture Media & Sports (DCMS) ensuring UK media …

Financial advisory group Davy has lowered sector-wide growth forecasts for UK-listed gambling operators as a result of BREXIT. The ‘Leave’ outcome has forced Davy to review the current positions of listed gambling operators as the UK economy faces months of fiscal and legal uncertainty.    Issuing a market note, Davy analysts detailed that UK legacy operators with both large retail …

Gibraltar industry trade association the ‘Gibraltar Betting & Gaming Association’ (GBGA) has moved to quell stakeholder concerns regarding the UK’s referendum decision to leave the European Union. The industry body which represents twenty Gibraltar-based European online betting operators, stated that governance of the British Overseas Territory remained ‘strongly committed’ in maintaining its present industry operations and framework. Following the UK’s …

Last Thursday’s ‘BREXIT’ vote sent shockwaves throughout all global stock markets. Scott Longley details the impact of the ‘Leave’ vote on UK-listed betting firms’ and their operations. An industry that has undertaken recent multi-billion £ consolidation and M&A activity, betting governance will be weary of economic uncertainty and regulatory impacts to operational hubs in Gibraltar.  __________________________ The leading UK-listed gambling …

The UK’s EU referendum may have left the bookmaking industry scrambling for position, but Michal Kopec of Better Collective thinks that the industry will soon recover from the shock Brexit result. Michael, who is Senior Business Manager for the company, also commented on the plummeting British pound in the immediate aftermath of the result, and the effect on Gibraltar based operators, who …

Industry igaming content and games developer Yggdrasil Gaming (Yggdrasil) has strengthened its regulatory provisions by confirming that it has been awarded a Gibraltar B2B remote gambling licence by the ‘Gibraltar Licensing Authority’ (GLA) The GLA B2B remote licence will allow for Yggdrasil to offer its platform and software services to Gibraltar-based operators, extending the firm’s European client reach. Adding Gibraltar B2B …