Gambling giant 888 mulls Malta move from Gibraltar over Brexit concerns

Company could move its regulated headquarters and licence to Malta post-Brexit

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GAMBLING giant 888 may leave its Gibraltar base after the UK breaks from the EU.

In its annual report, the company said it could move its regulated headquarters and licence to Malta post-Brexit.

PASTURES NEW?: 888 mulls Malta move
PASTURES NEW?: 888 mulls Malta move

Some 31 gaming companies are regulated and licensed in Gibraltar, including Lottoland, BetVictor, Bet365, Yggdrasil and NetEnt.

“The proposed status of Gibraltar in relation to the United Kingdom as a result of ‘Brexit’ is at present unclear,” the report said.

“If 888 were to remain registered, licensed and operating in Gibraltar in these circumstances, its ability to rely on EU freedom of services/establishment principles in supplying its services within the EU will be limited.”

2 COMMENTS

  1. Because EU is not going to permit a game license in a tax haven of a non member state. If you want that this companies remain in Gibraltar, Co sovereign is the only option. First time in 300 years, you can live better in Spain than in UK.