Gibraltar Friday vowed to do whatever it takes to keep its position as a leading online gambling jurisdiction despite Britain's looming exit from the European Union. "Whatever Brexit may produce for Gibraltar, government will adapt its licensing and regulatory arrangements to ensure we remain the premier remote gambling jurisdiction," the government said in a statement.

Gibraltar was reacting to the decision by Irish bookmaker Paddy Power Betfair to close its office in the tiny territory on Spain's southern tips, which makes 40 percent of its GDP from financial services and the online gambling sector. "Gibraltar remains the premier and first choice jurisdiction for the biggest and best operators in this industry," the government said.

Copyright Agence France-Presse, 2017