EGBA statement on Brexit

29.03.2019

Today the UK Prime Minister Theresa May puts her Brexit deal before the UK House of Commons for a third time amid mounting uncertainty about the UK’s departure from the EU.

EGBA believes that UK membership of the single market is the best option to ensure there is no disruption to cross-border payments between the UK and EU countries, which would affect many online sectors including online gambling.

“The continuing uncertainty of the Brexit discussions is not good. Like many other economic sectors affected by the UK’s departure from the EU, the online gambling sector would welcome greater clarity on the EU-UK’s future relationship. Online gambling is an inherently cross-border sector, so we would prefer the UK to stay within the single market, or at least as closely aligned as possible. This would also prevent any disruption to ancillary services, such as cross-border payments.” – Maarten Haijer, Secretary General, European Gaming and Betting Association (EGBA).