188Bet to close UK Market. More to come?

New Casino Brand!

Race Casino Logo
Fast Pay'n Play Casino from L&L Europe..
Race Casino Review

Mr Wild

Experienced Member
Joined
Mar 10, 2015
Location
Malta
Another operator closes down, this time only for UK ->
You do not have permission to view link Log in or register now.


1st April tax goes up to 21% from previously 15%. Will be interesting to see what happens next 12 months in UK, going to be hard for many to survive. I think most operators on the stockmarket at least in Sweden have profits on average 13% EBITA from NGR, now it will be almost 50% less on UK players.
 

Casinomeister

Forum Cheermeister
Staff member
Joined
Jun 30, 1998
Location
Bierland
I have a feeling a number of casino operators will bail, and that the "grey" market of non-UKGC casinos will boom taking in loads of players. The UKGC may have good intentions, but they haven't a clue on what players want. They will be stoking the profits of the Curacao licensed, Russian owned casinos :p
 

brianmon

Ueber Meister
webby
mm4
Joined
May 23, 2013
Location
Cumbria
I have a feeling a number of casino operators will bail, and that the "grey" market of non-UKGC casinos will boom taking in loads of players. The UKGC may have good intentions, but they haven't a clue on what players want. They will be stoking the profits of the Curacao licensed, Russian owned casinos :p
Has anyone in the industry tried explaining this to the UKGC?
Or even someone, like yourself, who's impartial, but highly respected and knowledgeable?
 

Jono777

Meister Member
CAG
mm1
mm4
Joined
May 13, 2014
Location
Wolverhampton
Has anyone in the industry tried explaining this to the UKGC?
Or even someone, like yourself, who's impartial, but highly respected and knowledgeable?
Something I mentioned a long time back.....

Have a strong and confident feeling that UKGC decisions and future implementations and maybe even back tracks will be horse-stable-bolted scenarios :rolleyes:
 

slot_zombie

Senior Member
Joined
Jul 25, 2014
Location
UK
I have a feeling a number of casino operators will bail, and that the "grey" market of non-UKGC casinos will boom taking in loads of players. The UKGC may have good intentions, but they haven't a clue on what players want. They will be stoking the profits of the Curacao licensed, Russian owned casinos :p
The problem with the well-run and "paying" non-UKGC sites, that accept UK customers, is that they always run crappy Betsoft and Rival games, which is a drawback.

Whereas the rogue Curacao operators offer Play&Go, NetEnt etc., but you'll never see your winnings.
 

Users Who Are Viewing This Thread (Users: 0, Guests: 1)

Top