coresportgib- Issue 5 05 | Page 3

CoreSportgib 4th February 2016 which there has a yet been any reports on, but which as the league continues to develop and prosper opens up the possibility of attracting unwanted sectors. In comments to the local media last April Louis Wink, GFA security and integrity officer warned that Gibraltar is at grave risk of match fixing, further adding "In one year we have seen over €4 million bet on the Gibraltar First Division and cup matches. It could be a breeding ground for criminals.” At the time the GFA run community workshops at the John Mackintosh Hall for local team players and officials focussing on the dangers of match fixing. Since then the betting industry has continued to focus its attention on Gibraltar, and received its own condemnation from some quarters, the latest coming from Lynx Marketing & Commercial Director, Jonathan Costa. Costa, however, a Marketing & Commercial Director of one of these clubs trying to enter that elite status in sports, has his own views on the betting industry. One which looks at the financial gains gained by one industry against what they give back to the same industry they are profiting from. In a lengthy message broadcast on the Lynx FC website Costa comments that "There are now over 34 online gaming companies in Gibraltar because of its generous tax environment, as they have benefited from lower corporation tax, no value added tax on marketing spend and in some cases exemption from gambling duty in the UK – Those who have a UK presence but are based offshore are required to pay POC (point of consumption tax). ”You would think that having such a financial benefit in Gibraltar, one would be inclined in supporting a local sporting entity or invest in community programmes even if it's just youth academies. Unfortunately this has never been the case and on various occasions, through the media, such information has been blocked or removed completely from an interview and we ask you why?" Costa claims that Lynx has "encountered many setbacks from the gaming industry when approaching them for sponsorship" pointing out that "they focus on international top platforms and premium rights packages – such as the partnerships with top teams in Europe that gain coverage and visibility on a Pan-European level" and that "Subject to any changes to the current strategy, they do not support alternative requests, neither on national nor on international levels." Costa questions why the industry turns down local clubs requesting for sponsorship deals when he alleges it "reaps the benefits on our home ground and generate over £2.5 million worth of bets which involved Football clubs in Gibraltar". “It is mind boggling," he adds, "how we have not seen a single penny invested towards Local sponsorship of a sporting entity in Gibraltar but also be removed our rights of expr