The gambling industry remains a major contributor to Gibraltar’s economy. Speaking at the KPMG Gibraltar Gaming eSummit 2026, Minister Nigel Feetham outlined the government’s priorities for the sector with focus on Gibraltar prediction markets as a potential new source of growth.

• Gibraltar’s gambling sector supports around 4,000 jobs and remains one of the territory’s largest economic contributors. The industry generates substantial tax revenue and supports a wide network of related businesses. Feetham said gaming continues to play an important role in the local economy.
• A key topic was the development of Gibraltar prediction markets. The minister noted that Gibraltar has already licensed a company in the sector and sees opportunities for further expansion. He said the territory’s regulatory experience could help attract businesses operating in this emerging market.
• Prediction markets allow users to trade contracts linked to future events, including sports, politics and economic outcomes. Feetham said the sector fits naturally alongside Gibraltar’s existing strengths in gaming and financial services. He added that officials are closely monitoring international developments in the space.
• The minister said: “We expect this to be a substantial area of potential growth for Gibraltar.” He noted that innovation remains a priority and highlighted the jurisdiction’s willingness to engage with new business models. Gibraltar prediction markets were presented as one example of that approach.
• Feetham also highlighted Gibraltar’s new Gambling Bill and ongoing work around artificial intelligence. The updated framework is designed to support innovation while maintaining effective oversight. He said the government’s focus remains on sustainable growth, strong regulation and future opportunities for the industry.

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