Weekend Conversation Corner – August, 08
Welcome to the newest edition of our Focus Gaming News Weekend Conversation Corner, where we delve into the week’s top headlines that have captured global interest. As we break down the flurry of events into a concise summary, we will discuss the key stories that have impacted the narrative, influenced policies, and sparked conversations. Join us as we filter through the noise and provide a condensed snapshot of the week’s significant developments, keeping you informed on what truly counts in today’s ever-changing world.
Stay informed, stay inspired, and keep gaming on. Wishing you a fantastic weekend ahead!
Gambling in Montenegro: new legislation enacted
The new gambling legislation in Montenegro introduces modernised licensing with real-time digital monitoring to enhance the sector’s contribution to the economy. It includes measures like criminalising underage betting, mandatory player identification, and video verification. Online operators will pay a 10% tax on revenue, with player winnings over €300 subject to a 15% personal income tax. The legislation aims to address concerns from international bodies regarding anti-money laundering and fiscal transparency. However, some stakeholders fear the provisions on criminal liability and license revocation may destabilise the market. Additional measures include banning offshore betting platforms, restricting online payments, and doubling casino licensing fees. Advertising restrictions limit gambling ads on TV and radio, while promotions claiming guaranteed winnings or free money are prohibited.
Former PM Gordon Brown calls for gambling tax hike in the UK
In the UK, former Prime Minister Gordon Brown has proposed raising gambling taxes to generate funds to lift half a million children out of poverty by removing the two-child cap on benefits. Brown suggests increasing various gambling tax rates, citing a report estimating a potential £3.2bn in revenue. While some support his proposal, others, like MP Richard Baker, argue for a balanced approach considering the industry’s impact on jobs and revenue. Brown also references the Netherlands’ experience with gambling tax hikes, where a recent increase led to a decline in revenue. The debate highlights differing views within the Labour Party on the issue.
Debate on UK gambling policy hots up
Differing views have emerged within the Labour Party regarding gambling policy in the UK. MP Richard Baker defends the regulated betting industry, highlighting its contributions to local economies and sports. He emphasises the need for careful consideration of any tax reforms to avoid unintended consequences. On the other hand, MP Dawn Butler calls for more power for local councils to prevent new betting shops from opening in their areas. The debate also includes discussions on unifying tax rates for online gambling. Both MPs stress the importance of a fair and sustainable betting market that supports jobs, communities, and responsible gambling practices. The article showcases the ongoing discussions and differing opinions within the Labour Party on the regulation of the gambling industry in Britain.
Has the Dutch gambling tax hike backfired?
The Dutch gambling tax rate has increased and is set to rise further, but data suggests that revenue may be decreasing. Despite aiming to generate €202m by 2028, the industry has seen a 25% drop in gross gambling revenue in the first half of 2025. The Dutch gambling regulator is expected to release an impact report soon, with concerns about the impact of new deposit limits and a ban on gambling sponsorship. Other countries like Sweden and France have also raised gambling tax rates recently. The UK is considering unifying tax rates for online gambling, which has faced opposition from the horse racing sector. The case in the Netherlands serves as a cautionary example that higher tax rates may not always lead to increased state revenue.
Another firm surrenders Isle of Man gaming licence but says “our roots remain here”
Annexio Limited, based in Douglas, Isle of Man, has decided to surrender its B2C online gambling license from the Isle of Man Gambling Supervision Commission due to changing market conditions. The company plans to maintain its headquarters in Douglas and retain licenses in other jurisdictions, including the British Gambling Commission and the Jersey Gambling Commission. CEO Tom Brodie emphasised the company’s commitment to the Isle of Man despite the regulatory changes. This decision comes amidst increased scrutiny of the Isle of Man’s gambling framework, with recent penalties imposed on operators for compliance failures. The article also mentions other companies surrendering licenses in response to regulatory actions.
