UK Attack on Gibraltar
31st October, 2007
The Gibraltar gaming Regulation Authority is expecting to receive a stack of letters in the post demanding that they be more strict with advertising from uncooperative bookmakers.
The problems arose when the Football Association requested an information exchange agreement with Victor Chandler. Victor Chandler have refused any kind of agreement until its made an industry wide requirement.
VC operate out of Gibraltar and this jurisdiction has been singled out as being very relaxed in their enforcement of rules that the Gambling Commission enforces in the UK. “There is obviously a difficulty when it comes to offshore betting organisations, particularly those licensed by more relaxed regulators.” Said Lord Faulkener to the House of Lords.
He wants to see Gibraltar and Malto enforce the same regimes that Isle of Mann and Alderney adhere to.
