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Is Gambling Haven Gibralta Going to Have Problems With #brexit

BRITISH GOVERNMENT REASSURES GIBRALTAR
 
In the wake of Brexit, the UK government will consult closely with island dependency.
 
Boris Johnson, the new Foreign Secretary in the British Cabinet reaffirmed over the weekend that Britain would fully involve the Gibraltar in its Brexit discussions with the European Union.
 
A Reuters news agency report quoted a Foreign Office statement that Johnson told Chief Minister Fabian Picardo in talks in London that Britain would never agree to the people of Gibraltar being transferred to the sovereignty of another state against their wishes.
 
Last month acting Spanish foreign minister Jose Manuel Garcia-Margallo said Spain would seek to jointly govern Gibraltar with Britain following the Brexit vote.
 
The peninsula on Spains south coast, a British territory since 1713, is home to 30,000 people and to many large online gambling companies  that have been anxiously monitoring the Brexit situation in fear of a Spanish takeover. Voters on the peninsula voted overwhelmingly to stay in the EU.
 
Co-sovereignty with Spain was rejected by around 99 percent of Gibraltarians in a referendum in 2002.
 
Johnson said in a statement: "The people of Gibraltar have repeatedly and overwhelmingly expressed their wish to remain under British sovereignty and we will respect their wishes.
 
"We will never enter into arrangements under which the people of Gibraltar would pass under the sovereignty of another state against their wishes."
 
He added: "Furthermore the UK will not enter into any process of sovereignty negotiations with which Gibraltar is not content. We will continue to take whatever action is necessary to safeguard Gibraltar, its people and its economy including maintaining a well-functioning Gibraltar-Spain border."
 
Spanish politicians have said that Spain would push to keep Gibraltar out of any general Brexit negotiations between Britain and the European Union.
 
But Johnson told Picardo on Saturday it would indeed form part of discussions.
 
"I reassured him of both our steadfast commitment to Gibraltar and our intention to fully involve Gibraltar in discussions on our future relationship with the EU," he said.

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Gambling News :

South Africa Going After Illegal Gambling - In South Africa a combined national police and federal enforcement initiative has shuttered 19 illegal gambling venues across the provinces of Northern Cape and North West.

The Winning Express arbitrage sports betting scheme - A UK-based GBP 27 million arbitrage sports betting scheme, The Winning Express, has collapsed, leaving a thousand investors with concerns that their money is lost, according to a BBC report over the weekend.

Global Poker League Championship Results - #gpl The inaugural season of the Global Poker League Championship played out this week with the Montreal Nationals besting the Berlin Bears across 11 games to claim the $100,000 main prize.

Yahoo DFS Gets Uk License - #yahoo Industry observers point out that Yahoo has thus far carried out little in the way of major marketing on DFS in its US endeavors, unlike rivals DraftKings and FanDuel, and they expect it to follow a similar path in the Britain.

SPANISH GAMBLING MARKET CONTINUES TO GROW - Spain's gambling industry continued to advance in 2015 with growth in most sectors, according to the latest research report from the Codere - University of Madrid Institute for Policy and Governance collaboration released this week.

Novomatic Acquires Albanian National Lottery - #Novomatic The Austrian gaming technology group Novomatic has issued a statement confirming that it has completed the final required steps for the successful acquisition of the Albanian National Lottery.

2016 Massachusetts Gaming Commission Report - Industry journalist Steve Ruddock picked up on some interesting statistics from the latest annual report of the Massachusetts Gaming Commission released this week, flagging the current results from its on-going monitoring research of the state gambling market.

Jack Lam denies bribe allegations - Allegations by Philippines Justice Secretary Vitaliano Aguirre that casino tycoon Jack Lam used 'facilitator' Wally Sombero in an attempt to bribe him into protecting Lam interests have been hotly denied by Lam.

Fonbet Gets Russian Betting License - #Fonbet Russian-licensed operators are required to use officially sanctioned payment hubs called TSUPIS to facilitate government oversight, and this may be a concern for Fonbet at present.

New Attempts to Restore the Wire act - In the first of these initiatives, which Online Poker Report notes is supported by only eight state AGs (half those who signed a similar letter last year), the signatories seek support for RAWA at a Congressional hearing scheduled for December 9.

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