Fire in Gibraltar Brings Down Online Gambling Firms
Over the weekend a number of online betting operations were disrupted due to an explosion and fire on Gibraltar. Most residents of the island were also left without power.
According to local media a generator at Waterport Power Station caught fire and exploded. While no one was injured a number of online betting operations were shut down including William Hill, Betfred and Ladbrokes.
The companies form a vital part of Gibraltar’s economy, numerous online gambling companies base themselves there due to the territory’s low tax rates.
The power outage meant that many punters were unable to place bets on an Easter Sunday that was packed with sports. William Hill spokesman said that services were disrupted for about 2.5 hours. He said, “It’s just one of those freak events nobody could have predicted. There will be those who will claim they would have backed a winner but there will be others who have been saved from backing a loser.”
Ladbrokes also posted a statement which read, “We apologize to the customers who were affected by the loss of some of those services on Sunday afternoon and have been working hard and successfully to restore these. None of our staff were affected by the incident, and no customer data was compromised during that period.”