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How Brexit is Affecting Gaming Companies in the UK Gaming Industry

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How Brexit is Affecting Gaming Companies in the UK Gaming IndustryReading Time: 2 minutes

 

The UK gaming industry has contributed £2 billion annually to the UK’s GDP. Creative, high-tech and fast-growing, it yields high profits on exports. It competes with the AI industry for the best technological talent. It produces global gaming hits. ‘Grand Theft Auto’, Farm Hero Saga, Lego and Batman are UK gaming industry products. The industry would have expanded with the onset of 5G games. Then the UK voted for Brexit.

The Brexit Factor
It’s feared that Brexit will drive up industry costs, hindering progress. The planners of Brexit industrial strategy ignored the UK gaming industry. A report by an industry campaign group ‘Games for EU’ brings grim news. It says a hard Brexit or even a ‘no deal Brexit’ will jeopardise the industry. Here are some reasons:

  • The UK gaming industry workforce consists of 30%EU nationals. Brexit ends free UK entry for EU nationals. UK companies had access to the most talented European gaming professionals. Post-Brexit, it becomes very expensive to bring EU nationals into the UK. Larger companies may absorb the cost. Small companies can’t do that leading to the somber truth that some may close owing to higher costs.
  • A no-deal Brexit could block UK’s access to streaming and phone services. A negotiated Brexit could bring new data rules with extra costs.
  • Industry products will now be subject to tariffs and VAT on imports and exports. So, it will be less profitable to work in the UK.
  • British gaming entrepreneurs will no longer have access to EU startup grants. This will impede their growth.

What’s Next?
Once Brexit goes through, bigger companies may absorb the higher costs. Small companies may not. Hopefully, the casino industry will survive. With reduced profits, companies must find new strategies. UK operators may enter the US market. Some companies may consider relocation to gambling hubs like Malta. but this is an expensive option. We must wait to see what the future holds.

Source: Latest News at European Gaming Media
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: How Brexit is Affecting Gaming Companies in the UK Gaming Industry

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Idaho Lottery Celebrates its 30th Anniversary

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Pollard Banknote Limited has congratulated Idaho Lottery on the success of its 30th Anniversary family of Scratch Games™, which launched in February at the $5, $10 and $30 price points. The three games performed extremely well and represents more than 22% of the Lottery’s total instant sales since their launch.

The Lottery’s 30th anniversary year also marked the launch of their first $30 ticket as part of this family of games. Players could also enter any non-winning 30th Anniversary Scratch Game ticket for a second chance draw with an opportunity to win cash prizes up to $30,000.

“Pollard Banknote’s collaboration on our 30th Anniversary family of games captured the playing public’s interest in this milestone year. We have been extremely pleased with the results of our 30th Anniversary Scratch tickets. They’ve led the way in the Idaho Lottery achieving record sales and dividends for our good causes. It’s been a terrific way to celebrate our success on behalf of public education in Idaho,” Jeff Anderson, Idaho Lottery Director said.

“We’ve had the pleasure of bringing many exciting games to market in Idaho. It’s an honor to help the Lottery celebrate its 30th anniversary with these three eye-catching tickets, and we look forward to helping the Lottery introduce innovative new games for many more years to come,” Byron Peterson, Director of Sales and Marketing, Pollard Banknote said.

Source: Latest News at European Gaming Media
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: Idaho Lottery Celebrates its 30th Anniversary

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Playson signs partnership with Superbet

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Casino software developer Playson has signed a deal to provide its impressive suite of games to top Romanian operator Superbet.

The agreement will see the innovative slot provider boost the sportbook’s casino offering with titles including Solar Queen, Vikings Fortune: Hold and Win and Fruit Supreme: 25 lines, the latest addition to its Timeless Fruit Slots series.

Having recently obtained its Romanian licence from the country’s regulator (ONJN), this deal is an important step in expanding its influence in the Romanian market and across Eastern Europe.

Blanka Homor, Sales Director for Playson, said: “We’re delighted to have inked this partnership with Superbet and to offer its players our popular suite of slots.

“Expanding our presence in Romania has been paramount after obtaining our licence from the ONJN and we’re thrilled to offer our games to Superbet’s customers.”

Heather Faulkner, Head of Gaming at Superbet, said: “We’ve been hugely impressed with Playson’s portfolio, and we’re sure its games are going to be a big hit with our players.

“We’re delighted to be working alongside such a well-respected provider and look forward to a long and mutually beneficial business relationship.”

Source: Latest News at European Gaming Media
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: Playson signs partnership with Superbet

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Blueprint Gaming unleashes fury with Gods of Olympus Megaways™

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The gods of ancient Greece are rising once again to bring the power of Megaways™ onto the reels in Blueprint Gaming’s latest release, Gods of Olympus Megaways™.

The action-packed slot, which features the most powerful gods Ares, Athena, Poseidon and the greatest of them all, Zeus, is full of modifiers and free spins rounds.

During the gameplay, the king of gods has the power to award a mystery modifier on any spin, while the Zeus thunderbolt gives players the choice of a godly artefact to reveal one of four free spins rounds – Colossal Free Spins, Wild Storm Free Spins, Mighty Wild Free Spins or the epic Rise Of Olympus Free Spins.

The Megaways™ mechanic, under licence from Big Time Gaming, raises excitement levels even further with up to 15,625 ways to win.

Jo Purvis, Director of Marketing and Relationships at Blueprint Gaming, said: “Gods of Olympus is an exciting addition to our slots portfolio, with plenty of bonus rounds to keep players gripped and entertained.

“The superpowers that these famous Greek gods hold ensures that the gameplay can change in an instant, keeping players on the edge of their seat. We’re confident the game will make a thunderous impact in the coming months.”   

Source: Latest News at European Gaming Media
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: Blueprint Gaming unleashes fury with Gods of Olympus Megaways™

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