💡 UK Ups Remote Gaming Duty to 40%

The UK Government is set to implement a 40% remote gaming duty, alongside a new remote betting tax starting in 2027. This bold move is anticipated to generate a hefty £1.1 billion in additional tax revenue by the fiscal year 2029-30. 💰 What does this mean for the iGaming industry? Higher taxes could push operators to innovate or adjust strategies to maintain profitability. While challenges lie ahead, there’s also a unique opportunity for companies to showcase resilience and creativity in a competitive market. How will your business adapt? 🤔