EGBA insists on single market membership for the UK

The association considers that option as the best one for the UK, amid Brexit negotiations.

UK.- The European Gaming and Betting Association (EGBA) talked about the possible complications that would affect the online gambling market if Theresa May success in her attempt to continue with the Brexit.

The UK Prime Minister put her deal before the UK House of Commons for a third time on Friday, and EGBA released a statement in which it says that it 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. The association believes that this would affect many online sectors including online gambling.

Maarten Haijer, Secretary General, European Gaming and Betting Association (EGBA), said: “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,” he added.