British On-line Betting Firm To Shrink Enterprise In Gibraltar

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Bet365 said it intends to take care of a presence in Gibraltar, which has over the past 20 years turn out to be the unofficial capital of the worldwide on-line gaming industry. The sector accounts for round a quarter of Gibraltars gross domestic product. And about 30 percent of worldwide on-line gaming is generated in Gibraltar, according to consultants H2 Gambling Capital. The authorities of Gibraltar stated it would proceed to work with bet365 via its period of employees consultation to ensure that the footprint of the company within the territory remains substantial.

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