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Gibraltar Requires Local Presence for Licensees in New Gambling Act
Gibraltar has published a draft of its new Gambling Act for consultation that introduces five objectives for the regulation of gambling in the country, including a requirement for operators to have a “sufficient substantive presence” in the territory.
A stakeholder consultation on the bill is now open, allowing anyone affected to provide their input on the bill. Following the consultation, the bill will be introduced in Parliament.
The law introduces five objectives for the regulation of gambling in Gibraltar. These are the “preservation of confidence in gambling markets”, protection of consumers, particularly vulnerable people, promoting “fair and responsible” gambling, preventing links between gambling and crime and the public interest and reputation of Gibraltar.
Regulus Partners, a global strategic advisory business focused on the sports and leisure sectors, noted that the first objective suggests a more holistic approach to the sector, rather than allowing authorities to “compartmentalise policies and regulatory requirements into one objective without thinking too hard about how it might affect the others”.
In terms of the final objective, Regulus noted that it showed Gibraltar intended to signal its credibility as a point-of-supply market rather than moving towards “dark grey” operations.
The rules also make changes to licensing. While licensing and regulatory bodies will continue to be separate, it introduces a requirement that licensees should have a “sufficient substantive presence” in Gibraltar. The wording of this rule was chosen in order to allow the Minister for Finance – who acts as the licensing authority – flexibility “in relation to equipment location and other matters.”
Factors going into this requirement include the “nature, extent, purpose and usage” of equipment in Gibraltar, the “number and nature of jobs to be created and maintained” and the amount of tax revenue paid.
The bill also lays out certain “threshold conditions” that all operators must meet to be licensed. These relate to the conduct of their business, the suitability of their owners, responsible gambling, prevention of crime and the location of their offices.
“In other words, the core concepts are standards and suitability, and having a sufficient substantive presence in Gibraltar. These are the criteria both for the grant of a licence and, on an ongoing basis, for an own initiative decision by the licensing authority to consider revoking or varying a licence,” the Government said.
Much of the bill relating to the supervisory powers of the Gambling Commissioner, meanwhile, was drafted to be similar to Gibraltar’s Financial Services Act, in order to create “a common regulatory framework, and professional understanding and expertise across regulated economic activities with similar statutory regulatory objectives”.
The law stems from a report published in March 2016 reviewing Gibraltar’s licensing and regulatory regime.
A stakeholder consultation on the bill is now open, allowing anyone affected to provide their input on the bill. It will last until August 31, but the Gaming Division of the Gibraltar Ministry of Finance said it would “encourage early consideration of the material”.
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DEGEN Studios has named iGaming trailblazer Danny Gordon as its new Head of Studio – a move set to supercharge the brand’s next era of chaos, creativity, and high-voltage game design.
Danny will lead DEGEN’s creative roadmap, driving the studio’s signature blend of high-stakes innovation and fearless design. His mission: to make every DEGEN release louder, bolder, and more unpredictable than the last.
With experience at industry heavyweights Four Leaf Gaming, Microgaming and Entain, Danny has a proven record of building games that hit hard and stand out. His appointment marks a new chapter for DEGEN as it scales its vision to redefine the future of hardcore, gamer-first entertainment.
Danny’s appointment marks a significant milestone for DEGEN. The company is poised to launch the next phase of its iGaming revolution, with multiple high-octane and innovative projects in the pipeline. With Danny’s creative vision steering the ship, DEGEN will continue to push the boundaries of slot design and build games that are by gamers, for gamers.
Danny Gordon, Head of Studio at DEGEN Studios: “DEGEN’s early work has blown me away – the brand, the tone, the fearlessness. It’s a studio that thrives on pushing boundaries and creating experiences that truly stand out. I’m here to help scale that ambition and deliver the next wave of disruptive, innovative games.”
The post Experienced iGaming professional to help shape the future of DEGEN’s gaming catalogue appeared first on European Gaming Industry News.
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Hayk Sargsyan, CEO of Galaxsys, commented: “Our media briefing provided a valuable platform to introduce the highly anticipated Chicken Crash game, share our achievements, and outline the strategic direction for 2026. I am grateful to all our media partners for their interest in the game and for their thoughtful questions, which contributed to the success of this session. We are proud of the progress we have made over the past year and remain fully committed to delivering innovative, high-quality gaming experiences for our partners worldwide.”
The media briefing took place at SiGMA Central Europe on November 4 at 2:00 PM at the Galaxsys stand. The session began with questions focused on the Chicken Crash game and later shifted to broader topics, providing an opportunity to reflect on Galaxsys’ achievements over the past year and share insights into the company’s vision for 2026.
The post Galaxsys Hosted Media Briefing to Introduce Chicken Crash and 2026 Strategic Roadmap appeared first on European Gaming Industry News.
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RPM GAMING BOLSTERS LEADERSHIP TEAM WITH CONLETH BYRNE NAMED STRATEGIC PARTNERSHIPS DIRECTOR
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RPM Gaming, a specialist in retail and online betting and gaming, has strengthened its senior executive team with the appointment of industry veteran Conleth Byrne as Strategic Partnerships Director.
Byrne brings with him two decades of leadership experience across the iGaming and technology sectors, having held directorial roles at IGT, The Football Pools, and SIS, alongside more recent strategic consultancy work with a range of high-growth businesses across the betting and gaming ecosystem.
Following a rapid period of growth at RPM Gaming, Byrne’s scope will be to translate his extensive experience in business strategy and operational excellence across various iGaming sectors into long-term value for the company’s global partners, adding significant value with his understanding of high-growth operations and ability to foster top-tier partnerships.
Richard Thorp, Founder at RPM Gaming, said: “Conleth’s a hugely respected figure in this industry, having operated in senior roles in high-stakes, high-growth environments for the past twenty years. His experience in-house with some of iGaming’s biggest names and in advisory roles for successful companies in a number of verticals will be a huge asset to our organisation and our global partners.”
Conleth Byrne, RPM Gaming’s Strategic Partnerships Director, added: “RPM Gaming has become the go-to name for ambitious iGaming firms looking to enter their next growth phase, from either a tech or new-market point of view. Joining this team – which is packed full of industry heavyweights – is a pleasure, and I’m looking forward to adding my own value to RPM and its customers.
“We want to cement RPM’s reputation as the one-stop shop for those who have strong visions but are, perhaps, unable to join the dots with internal resources in making that a reality. This team can do just that, with the connections, know-how, and go-to-market experience to take companies of all sizes to their next level.”
The post RPM GAMING BOLSTERS LEADERSHIP TEAM WITH CONLETH BYRNE NAMED STRATEGIC PARTNERSHIPS DIRECTOR appeared first on European Gaming Industry News.
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