Episode #23
Gibraltar iGaming: New Treaty, New Licences, New Opportunities | Connected Podcast Episode #22
Gibraltar's iGaming regulatory landscape is undergoing its most significant transformation in two decades. A new Act has modernised the licensing framework, a landmark treaty is reshaping the jurisdiction's relationship with the EU and Spain, and an emerging regulatory frontier — at the intersection of crypto asset frameworks and the new Act — could position Gibraltar as the first jurisdiction in the world to offer a combined crypto licence for the sector. In this episode of Connected with Pragmatic Solutions, our CEO Ashley Lang sits down with Nicky Macias, Secretary General of the Gibraltar Betting and Gaming Association, and Steven Caetano, Partner at ISOLAS LLP, to examine what these changes mean for operators and B2B businesses in the jurisdiction. The conversation covers how Gibraltar built its reputation through substance requirements and proximity-based regulation, what the new Act modernises, and why the jurisdiction may be uniquely placed to lead on regulatory innovation for years to come. Some of the topics covered are: How Gibraltar built its reputation through substance requirements and proximity-based regulation. What the new Act modernises and what it formalises for the first time. The new tiered B2B licensing structure and the end of the sheltering system. The appeals mechanism and the regulated individuals regime. The implementation timeline and the six-month transitional period. How the EU-Gibraltar-Spain treaty changes the talent and livability proposition for businesses based in the jurisdiction. Why Gibraltar could be the first jurisdiction to offer a combined crypto licence under both its financial services and new Act frameworks. The five-year outlook for Gibraltar as a leading iGaming hub. Chapters 00:00:00 Introduction — Gibraltar as a leading iGaming jurisdiction 00:03:54 How Gibraltar built its reputation: regulation, substance, and proximity 00:11:52 The case for modernisation: what the new Act sets out to do 00:14:29 What the new Act introduces: appeals, regulated individuals, and B2B tiers 00:16:43 The tiered B2B licensing structure: who it's for and what it replaces 00:19:09 Industry engagement: how GBGA members shaped the new legislation 00:22:33 Implementation timeline and the six-month transitional period 00:25:34 The EU-Gibraltar-Spain treaty explained 00:28:34 What GBGA members are focused on now 00:35:06 Gibraltar and the crypto licence opportunity 00:36:54 Five-year outlook for Gibraltar as an iGaming jurisdiction The Connected with Pragmatic Solutions podcast brings you the latest insights in iGaming technology and innovation. Produced in collaboration with NEXT.io — The World's iGaming Community. More at www.pragmatic.solutions/connected #iGaming #podcast #gibgaming #iGamingregulation #Gibraltar
