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The gambling industry, including Web gambling, is huge in Great Britain.
It is a sector that was left wondering what’s next now that Brexit has passed and Great Britain is leaving the European Union.
Greenberg, Traurig LLP, a major player in the industry, has released this summary of the possible repercussions.
This note addresses the impact of Brexit on the gaming industry. It is one of a series of GTM Alerts designed to assist businesses in identifying the legal issues to consider and address in response to the UK's referendum vote of 23 June 2016 to withdraw from the European Union. In particular, it considers the impact that Brexit might have on gaming companies located in the UK and Gibraltar. Gibraltar is a self-governing British overseas territory which joined the EU in 1973 at the same time as the UK as part of the UK rather than as a separate Member State. As a result, if the UK leaves the EU, then so too must Gibraltar.
