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Tag Archives: The Budget

UK – Gaming tax rise to spark second wave of large-scale M&A

The government’s plans to ‘end austerity’ by further taxing the gaming industry will “spark a second wave of large-scale mergers and acquisitions” according to RB Capital, the specialist gaming industry brokerage. Julian Buhagiar, co-founder RB Capital, called the rate rise announcement ‘inevitable but disruptive’ as the Chancellor looks to both make up for the shortfall…

UK – UK operators to see Remote Gaming Duty increase to 21 per cent

British Chancellor Philip Hammond has announced increases in online gaming taxation in his Autumn Budget 2018, the third online tax increase in the last four years but one that was not as bad as some had feared. Remote Gaming Duty (RGD) will increase from its current level of 15 per cent to 21 per cent…