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Will Brexit affect Irelands booming online casino sector?

However, it is worth noting that this report also suggests the industries that will be hardest hit will be food and agri, pharmaceuticals, chemicals, retail, air transportation and, most worrying, web businesses. However, when you look at the online casino sector specifically, the answer is less clear cut, and Brexit could actually present something of an opportunity. The point to keep in mind is that there are already all those gambling sites out there that we examined earlier. Take a closer look at that list. Many are UK based, but a whole lot more are from across Europe, typically Malta and Scandinavia. The biggest impact that Brexit is likely to have will be on these casinos that are based in other EU countries and are currently able to access the UK market. Most of them enjoy this access under a single license that allows them to operate across the EU. Of course, when Brexit happens, they will need a new operating license from the UK Gambling Commission if they want to continue to get a slice of the enormously lucrative UK gambling market. Irish businesses need to start to see the opportunities that Brexit could bring as well as the threats, and this is a perfect example.

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