Taxation, Policy Pressure, and the Challenge of Land-Based Illegal Markets
With gambling tax hikes either in progress or proposed across key markets like the UK, Netherlands, and Germany, how does the European casino and street-gaming industry remain competitive with the risks of illegal gaming? Looking at the spectre of Sweden, how should the industry respond to preserve safe, legal gambling? Beyond potential gambling tax increases, how will decisions by local governments, like the UK’s “Cumulative Impact Assessments in gambling licensing”, influence gambling outlets’ location and density in local communities? Will an increase in land-based closures lead to an increase in the illicit distribution of gambling machines? What strategies can the sector look to remain competitive and keep costs down in challenging headwinds?