AWARD WINNER

We've been recognized as "Best Hosting Provider of the Year"

Read More
  • +357 2425 0808
  • Login
  • English

Home

Blog

Bet365 transfers Gibraltar Operations to...

Bet365 transfers Gibraltar Operations to Malta due to Brexit indecisiveness

Bet365 transfers Gibraltar Operations to Malta due to Brexit indecisiveness

NetShop ISP

NetShop ISP · Blog Author

May 27, 2019 · Archive

The British online gaming operator Bet365 Group Ltd has confirmed that it is to relocate its operations from Gibraltar to Malta, due to Brexit indecisiveness. A lot of companies are withdrawing their operations from the UK or British territories as Brexit has caused uncertainty for a huge amount of businesses.

As a Bet365 spokesperson said that the company continues to operate in a “highly uncertain environment, driven primarily by the continuing Brexit landscape”, and this had a major impact on its decision to expand in Malta. For years, Bet365 has operated with a dual regulatory and licensing strategy position between Malta and Gibraltar.

According to a statement Bet365 made, it said:
“As part of our strategic and contingency plans to ensure EU market access and to maintain and enhance operational efficiencies, we have been building our presence in Malta and operating a dual regulatory and licensing strategy between Gibraltar and Malta for a number of years.”
“However, from an operational and technical perspective and given our operating model, it has become increasingly challenging to efficiently run such multi-site operations and this has necessarily resulted in us conducting a review of our operations.”
“We also continue to operate in a highly uncertain environment, driven primarily by the continuing Brexit landscape. Therefore, to assist with business planning and in order to maintain operational effectiveness, we intend to enhance our Maltese operational hub and relocate certain functionality there.”
“We are now consulting with staff in relation to such relocation. It is intended to maintain a presence in Gibraltar and the final rationalisation will be determined after we have completed our staff consultation.”

As a result of Brexit, other operators such as William Hill and Paddy Power have also removed their operations from Gibraltar.

Press Releases
64

Free VPS Trial

No Credit Card Required.

Recent Posts

How To Resolve cPanel Error “Cannot create account because it conflicts with an unmanaged MySQL database user”

How To Resolve cPanel Error “Cannot create account because it conflicts with an unmanaged MySQL database user”

13 September, 2023

NetShop ISP Triumphs as Best Hosting Provider of the Year at SiGMA CIS/Balkans Awards 2023

NetShop ISP Triumphs as Best Hosting Provider of the Year at SiGMA CIS/Balkans Awards 2023

08 September, 2023

How To Install MySQL 8.x on Windows Server 2022

How To Install MySQL 8.x on Windows Server 2022

04 September, 2023

NetShop ISP Attend iFX EXPO International 2023 in Cyprus

NetShop ISP Attend iFX EXPO International 2023 in Cyprus

28 August, 2023

NetShop ISP Exhibit at SiGMA Balkans/CIS and SiGMA FX in Cyprus

NetShop ISP Exhibit at SiGMA Balkans/CIS and SiGMA FX in Cyprus

22 August, 2023

#letushostyou

Award Winning Hosting Provider established in 2004.

Best iGaming Service ProviderISO Certified

120 Faneromenis Avenue, Imperial Tower, 2nd Floor, Larnaca 6031, Cyprus

Products

Bare Metal Servers

Customized Servers

Virtual / Cloud Servers

Forex VPS

Storage VPS

cPanel Web Hosting

Reseller Web Hosting

Colocation

Addons

Premium DNS

Email Hosting

Cloud Backup

DDoS Protection

Licenses

SSL Certificates

Domain Names

Premium SLAs

About Us

Data Center Locations

Looking Glass

Our Company

Contact Us

Careers in Cyprus

Become a Partner

Awards

Certifications

© 2023 S.S. NetShop Internet Services Ltd. All rights reserved.  Terms & Conditions  |  Privacy Policy
CY Reg. Number: HE 217340 | EU VAT Number: CY10217340J

Visa
Mastercard
PayPal
Bitcoin
Tether
Ethereum
Litecoin
Wise
Revolut
Wire Transfer