Minister for Justice, Trade and Industry, Nigel Feetham delivered the opening address to the Ethical Gambling Forum 2024, underscoring the importance of ethical  practices within the gaming industry. 

A statement from the Government follows below:

In his speech, Minister Feetham emphasised the need for responsible behaviour from regulated  sectors (both financial services and gaming) in Gibraltar, which is crucial for maintaining Gibraltar's  reputation and fostering economic growth. 

Key points from the address include: 

- The industry is important to Gibraltar and is highly valued. 

- The importance of gaming companies making an economic contribution to Gibraltar, behaving  responsibly, and upholding the good reputation of the jurisdiction. 

- The Government’s support for regulated businesses to expand into international markets (not just  the U.K.) to bolster economic resilience. 

- The responsibility of licensed operators to comply with various laws and regulations, including  taxation and employment laws. 

- Emphasis on public benefits derived from taxation, such as funding for education, healthcare, and  social services. 

- A call for a joined-up approach to regulation, focusing on economic contribution, compliance  culture, and societal engagement. 

- The importance of trust between government and business community, with a strong emphasis on  integrity and ethical compliance. 

- The Minister's support for responsible gambling initiatives, including the Centre of Excellence for  Responsible Gambling at Gibraltar University. 

Minister Feetham concluded by stressing the importance of industry self-regulation, while  affirming the government's commitment to intervene when necessary for the greater good of the  community.