The extra tax is only on the casino's profits from UK registered players. They still have players from the rest of europe, and indeed, the rest of the world, the profits from which, aren't taxed by the UKGC. I'm pretty sure the UK isn't the major income source, compared to the rest of the world for most casinos.Weren't a deliberate attempt to be rude.
But you have been pretty abrupt yourself in regards to the casinos.
You are spouting out this 98% figure, and then say " Yes they must have overheads, but should still make money". That's why I said about, you talking from your behind.
At least back what you say up?.
If Casinos are struggling now with extra tax's, ect at 96%. VS for a prime example, cutting back on all the freebies. They are not doing it for a giggle.
Please tell me how they could survive if (in your world) they increased pay out across the board to 98%
The casinos who should be shouting about the taxation, and battening down the hatches, are the UK bookies sites, who are predominantly UK focused. But they're pretty quiet about it all.
I think it's as much a case of casinos not making as much as they've got used to making. Rather that them not being able to make ends meet.
The site who are closing down are the ones who haven't got a big enough player base to cover the break-even costs.
The one thing I will never understand is... How such a 'clever' industry got it's self tied up to such absurd affiliate deals?
Ok, an affiliate should definitely be paid for bringing a new customer to a casino. But to enter into a contact to pay a percentage of the losses, over the entire lifetime of that players account, month after month, year after year.....?