The legalization of gambling has had a significant impact on the economies of many countries. Major tourist centers such as Las Vegas, Macau, and Monaco have greatly improved the standard of living for citizens because of casino taxes.
New Gambling Care Charity Established By Gibraltar Regulator Published March 13, 2021 by Sol FH
The Gibraltar Betting and Gaming Association (GBGA) has taken a major step in lessening gambling harm and at-risk gamblers.
The Gibraltar Gaming Care Foundation (GGCF), funded by the CBGA has been established to combat the challenging side-effects of problem gambling. The Foundation will work with players, operators, gaming industry leaders, and even government regulators to lessen the impact of gambling disorders, within the local market.
The Foundation will operate on its own, independent from the CBGA, in partnership with local councilors Selvan Soobiah and Stephen Reyes. Acting as a corporate counselor and an initial funder of research is the Belvedere Trustees Limited. The new initiative will be at the University of Gibraltar and will be called the Centre of Excellence in Responsible Gaming (CERG).