Our IT and Gaming department analyzes the latest updates in the Spanish gaming sector, promoted by the Spanish Directorate General for the Regulation of Gambling (“DGOJ”) in the last months:
The United Kingdom’s ("UK") decision to leave the European Union (the "EU") (the so-called Brexit) may imply that the UK-based financial institutions are excluded from the common legal system and, particularly for the purposes of this note, are no longer able to operate under the so-called "EU passport" which enables to carry out some or all of their activities in other EU Member States.
