Connect with us

728x90 banner available here

Latest News

UK Government increases casino tax to 21%

Published

on

UK Government increases casino tax to 21%Reading Time: 2 minutes

 

The UK isn’t as popular for their gambling operations, but it is still considered as a substantially large industry. Taxing these operators has been going quite roughly for the last couple of years as it had gone through numerous changes within the last 4 years. There have been 5 alterations so far.

Now, according to recent reports from PressGambling.com, the United Kingdom is planning on increasing that tax to 21%, potentially dooming the whole thing and making new arrivals in the industry fight for their very existence.

The UK Chancellor Philip Hammond, was the person who previewed all of the online gambling taxes for the Autumn 2018 Budget. Based on his research it was decided that the revenue generated from these operations were not meeting the government’s expectations and therefore needed to be upgraded to 21% revenue tax for October next year.

It is rumored that the online gambling operators that feature live games like video poker are going to be hit the hardest, as their revenues exceed all the others.

There is also another reason the government has introduced the tax spike. Although it sounds like just a cover-up. In their statement they have announced that the RGD (Remote Gaming Duty) needed to be increased because of the potential losses they will suffer from the recent FOBT stake cut.

The FOBT (Fixed odds betting terminal) stake cut

The FOBT stake cut has been pretty much the most discussed topic in the UK parliament recently. As the schedule started to jump around, it was hard to determine when the new RGD rate needed to be implemented. All this hints to the pre-decision of RGD way before it was announced to the public. In conclusion, it will be pegged to the FOBT stake cut and come into action at the same time, also indicating that the final date for FOBT is decided and will be next October.

The reactions from the industry weren’t something to be expected. Some of the operators were even happy that the dreaded rumor of an increase to 25% wasn’t true. However, most of the operators appalled by the tax state more or less the same arguments. The fact that this is the 6th time that the tax is altered within the last 4 years. They fear that the business will soon become unsustainable and they would have to close down or get sold to giants in the industry, ultimately monopolizing it.

The UK government has come out with their own estimates of how this tax spike will help the country cope with the FOBT stake cut. The country is expecting roughly £1.15b losses from the stake cut, but is hoping to mitigate it with the new tax revenue spike that will bring in £1.2b over the next five years. Ultimately putting the country into a surplus. But that, is depending on how the industry will react and if it will continue to grow with the same rate. This whole thing could come crashing down in a moments notice.


Source: Latest News on European Gaming Media Network

George Miller (Gyorgy Molnar) started his career in content marketing and has started working as an Editor/Content Manager for our company in 2016. George has acquired many experiences when it comes to interviews and newsworthy content becoming Head of Content in 2017. He is responsible for the news being shared on multiple websites that are part of the European Gaming Media Network.

Latest News

SKINBARON SUPPORTS GERMAN ESPORTS AND EXTENDS PARTNERSHIP WITH BIG

Published

on

Reading Time: 2 minutes

 

SkinBaron remains a loyal partner to BIG and supports German esports across the Academy and women’s segments.

Berlin, September 11, 2025 – Berlin International Gaming (BIG) and SkinBaron have been closely connected since late 2019 and are now extending their partnership, continuing a success story that spans more than six years.

At a time when the Counter-Strike community, and in particular BIG’s CS2 men’s team, has experienced a challenging year, this extension sends an important signal: SkinBaron remains a loyal companion through every high and low. In addition to the pro team, SkinBaron also supports BIG’s Academy and women’s teams, helping to develop young talent and strengthen the scene in Germany.

Beyond the server, SkinBaron is deeply connected with the community. At the BIG Overtime Party during IEM Cologne 2025, SkinBaron once again served as an event partner, showcasing its close ties to the German esports community.

Statement from Daniel Finkler, CEO, Berlin International Gaming

“I am incredibly pleased and grateful that we are extending our long-standing partnership with SkinBaron. SkinBaron has been a vital part of our journey for over six years, both during successful and challenging times. My special thanks go to Tobias Andro as the new CEO, as well as to Florian Eckstein, Tobias Herberhold, Hannes Scholdz, and all other shareholders, employees, and partners at SkinBaron. They have brought this partnership to life over the years and actively shaped it. We are proud to move into the future together with such a loyal and authentic partner.”

Statement from Tobias Andro, CEO, SkinBaron

“Our partnership with BIG has stood for loyalty, trust, and collaboration on equal footing for over six years. Together, we share a vision of sustainably supporting the German esports scene and helping talent reach the top. This extension is therefore not only a commitment to our shared past, but above all a fresh start toward a future we want to shape side by side.”

The post SKINBARON SUPPORTS GERMAN ESPORTS AND EXTENDS PARTNERSHIP WITH BIG appeared first on European Gaming Industry News.

Continue Reading

Latest News

Answer the Call of the Wild: ELA Games Unveils Its Latest Game “Buffalo Force”

Published

on

Reading Time: 2 minutes

 

The studio’s latest game blends nostalgic themes and engaging features

The vast plains are alive with the sound of rampant hooves, the roar of predators, and helpful animals along the way. ELA Games proudly presents its latest release, Buffalo Force, an energetic game that celebrates the sheer power of nature.

The Call of the Wild

In Buffalo Force, players roam alongside fearsome buffalo, fierce bears, cunning wolves, and soaring eagles as they work together to hunt for big rewards. The game features 3 energetic mechanics:

  • Free Spins: Land 3 Scatter symbols to enter the game’s primary bonus feature. All Wilds pay 2x here.
  • Hold & Win Bonus: Unlock this lucrative feature for a shot at powerful coin prizes and even a chance at one of the mighty jackpots!
  • Jackpot: Three jackpots give you the chance for mega wins: Minor (25x), Major (100x), and Grand (1000x).

Each spin holds the spirit of the wilderness, blending high-action gameplay with the studio’s signature visually-rich aesthetics.

Join the Herd

Buffalo Force combines visually stunning animations, high-performance mechanics, and well-crafted environmental design to transport players to the heart of the North American wilderness. The studio’s attention to detail and storytelling prowess immerses players as they become part of the stampede, on the hunt for wild riches.

Marharyta Yerina, ELA Games’ Managing Director, commented on the release, “Buffalo Force represents the studio’s passion for creating visually striking and memorable games that players love. We focused a lot on the game’s visuals and environmental design to immerse players in the North American wild, which helps create an emotional connection and encourages high-performance engagement. We’re excited to see the reception Buffalo Force will receive, and we have many more exciting games in the works!”

Will You Answer the Call?

The raw wilderness is waiting for you. Will you join the herd and hunt for your fortunes and a life of freedom?

The post Answer the Call of the Wild: ELA Games Unveils Its Latest Game “Buffalo Force” appeared first on European Gaming Industry News.

Continue Reading

Latest News

Kongebonus statement: Norway’s election result signals gambling policy continuity, but licensing debate is set to intensify

Published

on

Reading Time: < 1 minute

With the centre-left retaining a narrow majority, Norway’s gambling framework is set to remain largely unchanged in the near term.

Norsk Tipping’s monopoly will continue, and enforcement tools such as payment and DNS blocking of unregulated operators are likely to remain in focus. While a shift to a licensing model appears unlikely this parliamentary term, the Progress Party’s stronger position as the main opposition keeps the reform debate active.

For industry stakeholders, the sensible course is to concentrate on compliant, sustainable strategies and to track policy signals closely as the debate continues.

The post Kongebonus statement: Norway’s election result signals gambling policy continuity, but licensing debate is set to intensify appeared first on European Gaming Industry News.

Continue Reading

Trending

EEGaming.org is part of HIPTHER, parent brand of various prominent news outlets and international conferences. These platforms and events span a wide range of industries, including Entertainment, Technology, Gaming and Gambling, Blockchain, Artificial Intelligence, Fintech, Quantum Technology, Legal Cannabis, Health and Lifestyle, VR/AR, eSports, and several others. This indicates that EEGaming.org is part of a larger network that focuses on a diverse array of sectors, particularly those related to cutting-edge technology and modern lifestyle trends.

Contact us: [email protected]

Editorial / PR Submissions: [email protected]

Copyright © 2015 - 2025 HIPTHER. All Rights Reserved. Registered in Romania under Proshirt SRL, Company number: 2134306, EU VAT ID: RO21343605. Office address: Blvd. 1 Decembrie 1918 nr.5, Targu Mures, Romania

We are constantly showing banners about important news regarding events and product launches. Please turn AdBlock off in order to see these areas.