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UK Government increases casino tax to 21%

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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.

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CT Interactive Appoints Vasil Parvanov as its New Commercial Manager

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CT Interactive has appointed Vasil Parvanov as its new commercial manager.

With a rich background in marketing and customer relationship management, Vasil has mastered his skills in driving business growth and optimizing customer engagement strategies. His expertise spans diverse industries, including online gambling, hospitality and retail, where he has consistently demonstrated the ability to innovate and deliver impactful results.

Vasil’s career highlights include his role as a CRM Specialist, where he developed customer segmentation strategies, designed onboarding journeys and engagement initiatives, and significantly improved retention and churn reduction metrics. His ability to create data-driven marketing calendars and implement cross-selling and upselling strategies has consistently enhanced customer loyalty and lifetime value.

He holds a Bachelor’s degree in Property and Facilities Management from the University of National and World Economy (UNWE) and has enhanced his skills through advanced certifications in Digital Marketing.

The post CT Interactive Appoints Vasil Parvanov as its New Commercial Manager appeared first on European Gaming Industry News.

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Push Gaming blends legacy success with good fortune in Dragon Hopper

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B2B gaming supplier Push Gaming has leveraged its past successes to drive the creation of its latest feature-rich cluster pays slot, Dragon Hopper.

Boldly combining the best elements of the hit game Fire Hopper, with a sprinkling of flavour from some of its other fan favourite slots such as Retro Tapes, Dragon Hopper provides an exhilarating journey through a far-eastern lantern festival.

Highlighting the studio’s ability to evolve the elements of its existing popular games to refine player engagement, Dragon Hopper incorporates dynamic mechanics such as the Dragon Feature and Mystic Flare Feature, designed to make each spin unpredictable and captivating.

Other new gameplay elements in this latest release include the Bubble Feature, which significantly boosts winning possibilities.

Alongside the studio’s proprietary Push Bet™, which empowers players to enjoy the slot in a variety of ways, increasing retention. The slot is also home to the Cluster Link™ mechanic, which offers players a dynamic way to combine paying symbols into wins.

Dragon Hopper is the latest title in Push Gaming’s elevated 2025 roadmap. It heralds an eclectic Q1 of releases that operators and players can look forward to, including Mad Blast and Power Vault.

Monika Lukowska, Game Producer at Push Gaming, said: Dragon Hopper takes us on a journey through the mystical orient and treats players to a combination of well-known and unique features.

“Big win potential is ever present via the Dragon Symbol, which allows for the multiplication of wins in the base game, along with features like the Mystic Flare, which can appear on the reels unexpectedly.

“The bonus game combines the Cluster Link™ and Dragon Feature with a new Bubble Feature mechanic that increases the value of symbols and makes for an incredibly engaging play session.

“We’ve taken the best of a host of previous games and used that winning formula to create Dragon Hopper, and we’re delighted to present another hit title.”

The post Push Gaming blends legacy success with good fortune in Dragon Hopper appeared first on European Gaming Industry News.

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Aristocrat Gaming and Aristocrat Interactive to Introduce the Latest Gaming Content and Solutions for the EMEA Market at ICE’s 2025 Barcelona Debut

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Aristocrat Leisure Limited (Aristocrat) is set to bring an impressive portfolio of gaming content, solutions and technologies that combine land-based and online gaming, for the premiere year of ICE in Barcelona later this month. Aristocrat Gaming and Aristocrat Interactive will deliver a modern experience that highlights the company’s commitment to innovation, connected experiences and player engagement for the EMEA market.

Aristocrat Gaming will display its latest lineup of top-performing games including Eilers & Krejcik’s most anticipated premium lease game, Phoenix Link, and core cabinet, The Baron Upright.

Featuring player-favourite mechanics, Phoenix Link is the next evolution of the international hit game, Dragon Link, with all-new themes, features, and bonuses on the Neptune Single and MarsX Portrait cabinets. Additionally, and fresh from its North American debut, The Baron Upright cabinet brings with it impressive new technology for the region alongside a portfolio of new iterations of player-favourite games like Ju Cai Jin Gui and more. Mo’ Mummy, Fortune Harmony, and Bao Bao Riches will also feature on The Baron Upright for the first time at the show.

“We’re excited to showcase the latest line-up of content and hardware for the EMEA market. ICE is a fantastic opportunity for us to engage with our customers and display our comprehensive technological innovations and solutions to ensure they get the most out of their casino floor,” said Craig Toner, CEO of Aristocrat Gaming.

The strength of Aristocrat Gaming’s cabinet portfolio will be evident in the company’s booth which will be complete with show-stopping content and a diverse offering of form factors. New and innovative content for the MarsX Portrait will be on display, including Coin Trio Royal, Crazy Chickens, Bao Zhu Zhao Fu Wheel Blast, Whisker Wheels, Reign of Gold, Ultimate Fast Cash and more. The MarsX Dual Upright will feature player-favourite brands like Bao Zhu Zhao Fu Link and Diamond Age to round out the exhibit.

A wide portfolio of multi-games brings big action, including Aristocrat Gaming’s Winner’s World with over 30 games, Fortune’s Choice with eight game titles from the Asia region, and the first original game made for the EMEA and LATAM markets, Royal Collection.

Complementing the land-based content, Aristocrat Interactive will demonstrate its capabilities across online gaming, lottery and sports betting. With four of its key business units displaying content – Content & Aggregation, iGaming & Sports, iGaming White-Label, and iLottery – Aristocrat Interactive will bring to life the seamless player journey from land to online.

“The new frontier of connected experiences is here, and we are excited to showcase all that we have to offer at ICE for the first-time as Aristocrat Interactive. From the best-in-class content to innovative solutions and services, we’re excited to engage with our customers and share our new offerings now available to help them on their online journey,” said Moti Malul, CEO of Aristocrat Interactive.

The post Aristocrat Gaming and Aristocrat Interactive to Introduce the Latest Gaming Content and Solutions for the EMEA Market at ICE’s 2025 Barcelona Debut appeared first on European Gaming Industry News.

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